Mergers & Acquisitions, Acquisition | featured news

The Justice Department's move to block AT&T Inc. from buying
T-Mobile USA is motivated by the desire to keep a low-priced
competitor in the game. But that's a game T-Mobile is losing.

Express Scripts and Medco Health Solutions, the largest U.S. pharmacy benefits management companies, said Thursday they will combine in a deal worth $29.1 billion in cash and stock.

BHP Billiton boosts its presence in the booming shale gas market as it agrees a $12bn deal to buy Petrohawk Energy.

Western Union says it has agreed to acquire Travelex Global Business Payments for about $973.8 million in cash, in a deal that will allow it to expand rapidly in the business of international payment processing.

VF Corp., whose brands include Wrangler, Nautica and The North Face, said Monday it will buy boot and clothing maker Timberland Co. for more than $2.2 billion.

Allied World Assurance Co Holdings agreed to buy Transatlantic Holdings for $3.2 billion in stock, creating a specialty insurer and reinsurer with broader reach and product offering.

Packaging company Sealed Air Corp. has agreed to buy the privately-held Diversey Holdings Inc. for about $2.9 billion in cash and stock. Diversey is a cleaning and sanitation company.

The acquisition, an effort to gain a foothold in voice and video communications, would be Microsoft’s largest ever.

News Corp's IGN gaming and entertainment property has just acquired Hearst's gaming and entertainment property UGO, we've confirmed with the company. And yes, the move is step one towards News Corp. spinning out IGN as its own property sometime relatively soon, we're told.

Applied Materials Inc. says it will buy Varian Semiconductor Equipment Associates Inc. for $4.9 billion, gaining access to a leading supplier of ion implantation equipment used by chipmakers....