U.S. Bancorp to Buy Bank of America’s Trust Division

U.S. Bancorp agreed to pay as much as $35 million in cash for Bank of America’s securitization trust administration units in the U.S. and Europe. The deal is part of the U.S. Bank parent company’s efforts to expands its corpora…

M&A Activity Expected to Jump 36% in 2011

Global mergers and acquisitions activity is expected to rocket upward 36% next year, getting its strength from the financial and real estate industries, according to a report released Monday — a level of increase that hasn’t b…

Caterpillar to Buy Bucyrus in $8.6 Billion Deal

With the acquisition, Caterpillar will get a bigger foothold in the mining equipment industry and capitalize on the “robust long-term outlook for commodities.”
Continue reading Caterpillar to Buy Bucyrus in $8….

EMC to Buy Data Storage Company Isilon for $2.25 Billion

Data storage firm EMC Corp. (EMC) will buy scale-out storage company Isilon Systems for $2.25 billion, the companies announced Monday.

The deal, which values Isilon at a price of $33.85 per share, is expected to complete before the end of this year, …

Mizuho to Take $500 Million Stake in BlackRock

Mizuho Financial Group (MFG), Japan’s third-largest bank, will take a $500 million stake in asset manager BlackRock Inc. (BLK)

Mizuho will buy a total of 3.07 million shares of BlackRock for $163 a share, Bloomberg News said. The purchases will give M…