Mergers and acquisitions are becoming ever more popular, with activity up 24% in the first two months of this year — after already growing 23% in 2010. Here’s how your portfolio can benefit from this trend.
Co…
When pros like Warren Buffett and Goldman Sachs start making moves predicated on the expectation of higher rates, investors best take note. The impact of higher rates would be widespread, especially on so-called safe havens lik…
Last week, power-plant operator Dynegy agreed to be acquired by top shareholder Icahn Enterprises for about $665 million. But Dynegy’s second-largest shareholder, hedge fund Seneca Capital, rejected the bid, calling it “the wro…
Power plant operator Dynegy has agreed to be acquired by Icahn Enterprises for $5.50 per share in cash, or about $665 million. Dynegy has about $3.95 billion of outstanding debt, net of cash. The agreement follows a recent fail…
Blackstone Group (BX) and Chinese food company Bright Food Group plan to bid for GNC Holdings, Bloomberg News reported.
The purchase of vitamin and nutrition-supplement retail chain GNC could be announced as soon this month, Bloomberg News said witho…