Takeover | featured news

Richard Schulze, the founder of Best Buy, is exploring putting together a bid to take the struggling electronics retailer private, according to people briefed on the matter. Mr. Schulze, who resigned from the company’s board this month, has been begun working with bankers from Credit Suisse to consider such a move, these people said. They said he would probably team up with a private equity firm or other deep-pocketed investor. With a 20.1 percent stake, he is the company’s largest shareholder.

Nokia shares are trading higher Friday morning in a move that at least one report attributes to dubious rumors that the company could be a takeover target for Samsung. Honestly, the rumor seems ridiculous. Samsung has little reason to buy a struggling handset maker given its own success in dominating the market for Android-based smart ...

Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag, analysts said on Tuesday, as takeover talk pushed the shares up as much as 26 percent on Tuesday.

FRANKFURT (Reuters) - Germany's Deutsche Boerse AG pulled off a $9.7 billion takeover of NYSE Euronext as shareholders approved a deal to create the world's largest exchange operator amid resistance in Frankfurt.

Executives at microblogging company Twitter Inc. have held "low level" talks with executives at Facebook Inc and Google Inc in recent months, about a possible takeover of Twitter, the Wall Street Journal reported on Wednesday.

Shares in oil major BP hit a six-month high on Tuesday after The Daily Mail newspaper reported rival Royal Dutch Shell had considered a takeover bid during the Gulf of Mexico oil spill.

Yahoo's inability to snap out of a financial funk may be about to turn the Internet company into a takeover target for the second time in less than three years.

AXA Asia Pacific Holdings rejected cash and equity takeover proposal worth $10.1 billion that would see its French parent AXA and rival Australian wealth management firm AMP split the business in two.

Investors in a class-action lawsuit against Bank of America over the Merrill Lynch takeover are trying to collect "billions ...