Mergers & Acquisitions | featured news

Porsche has rejected Volkswagen AG's bid to take a 49% stake in the sports carmaker, a company spokesman said Monday.

The head of the US Federal Reserve says it acted with "integrity" in Bank of America's takeover of Merrill Lynch.

Deutsche Lufthansa said it reached an agreement with Michael Bishop, the cofounder of British Midland Airways, to buy the airline in stages.

Automaker to sell its Swedish unit Saab to sports car manufacturer Koenigsegg.

G.M is close to selling Saab to Koenigsegg, a Swedish maker of high-end sports cars, a person close to the negotiations said.

Kenneth D. Lewis, the Bank of America chief, told a House panel that he was pressured by the government late last year to purchase Merrill Lynch.

The Supreme Court on Tuesday cleared the way for the U.S. government-backed sale of Chrysler LLC to a group led by Italian carmaker Fiat SpA, a victory for the bankrupt automaker and the Obama administration.

House lawmakers on Tuesday said they have subpoenaed the Federal Reserve to hand over e-mails, notes and other documents related to its role in Bank of America Corp.'s acquisition of Merrill Lynch & Co.

Italian carmaker says it won't walk away despite opposition to its deal from a small number of creditors.

Chrysler’s sale to Fiat is on hold until Monday while Indiana’s pension funds appeal to the Supreme Court.