Acquisition | featured news

Apple is near completion of the purchase of the music streaming and retailing site Lala.com.

Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock network, an array of cable channels and a major movie studio....

The $2.7 billion deal, valued at $7.90 a share, has already been approved by directors of both companies.

Last month Skype was in talks to acquire VoIP startup Gizmo5. It was a perfect backup plan in case all that IP litigation didn't work out.

Warren Buffett's Berkshire Hathaway Inc has struck a deal to buy the rest of railroad Burlington Northern Santa Fe Corp for $26 billion, Buffett's biggest acquisition ever.

Lots more details are coming in on the Photobucket fire sale by MySpace/News Corp. The sale is all but complete, say new sources.

Pfizer Inc.'s $68 billion purchase of Wyeth will close Thursday after antitrust regulators in the U.S. and Canada cleared the deal, which will make Pfizer the world's largest drugmaker by revenue.

Bloomberg is buying BusinessWeek in a deal that brings together a financial news service specializing in rapid-fire updates with a print publication struggling to adapt to the Internet.

Networking giant Cisco Systems Inc. agreed to acquire Starent Networks, a maker of infrastructure equipment used by wireless carriers, for about $2.9 billion. The technology bellwether—which has been hurt by a pullback in customer ...

GM completed an agreement to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery.