mergers & acquisitions
Markets
Precision Castparts Corp. (PCP) Soars 19 Percent on Berkshire Hathaway Deal
The stock price of Precision Castparts (NYSE:PCP) increased more than 19% to $230.92 per share after announcing its transaction with Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), the conglomerate controlled by billionaire investor Warren Buffett.
Precision Castparts is...
Markets
FCC Grants Conditional Approval for AT&T to Acquire DirecTV
AT&T obtained a conditional approval from the Federal Communications Commission (FCC) to acquire AT&T for $48.5 billion.
The Commission made the decision after conducting a careful and thorough review of the proposed transaction including economic...
Markets
Celgene Corporation (CELG) Inks Deal to Buy Receptos (RCPT) for $7.2B
Celgene Corporation (NASDAQ: CELG) signed a definitive agreement to acquire Receptos (NASDAQ: RCPT) for $232 per share or a total of approximately $7.2 billion.
The stock price of Celgene closed $122.85 per share, up by more...
Business
AT&T Inc. (T) Close to Ink a Deal to Buy DIRECTV (DTV) for $50 Billion
AT&T Inc. (NYSE:T), the second largest wireless carrier in the United States is close to reaching a deal to acquire DIRECTV (NASDAQ:DTV), a satellite television service provider for approximately $50 billion or $100 per...
Business
Prem Watsa’s Fairfax Offers $4.7 Billion To Take BlackBerry Private
BlackBerry (NASDAQ:BBRY) (TSE:BB) announced that a consortium of buyers led by Fairfax Financial Holdings (TSE:FFH) (OTCMKTS:FRFHF), the firm controlled by Prem Watsa and its largest shareholder offered to acquire the company and take it...
Technology
Nokia’s Stock Soars on Microsoft Deal
The stock price of Nokia Corporation (NYSE:NOK) skyrocketed after the company sealed an agreement with Microsoft Corporation (NASDAQ:MSFT) to sell its Devices and Services business including its Lumia & Asha phone brands, a portfolio...
