It seems that months of merger talks between French pharma Sanofi-Aventis and U.S. biotech Genzyme have entered the home stretch. This week, Sanofi is expected to offer $74 a share for Genzyme, with an option included potential…
Retailer BJ’s Wholesale Club (BJ) jumped in premarket trading after announcing that it is considering putting itself up for sale.
The stock jumped 13.35% to $48.74 a share at 8:12 am ET.
BJ’s has hired Morgan Stanley & Co. (MS) to advise on opt…
Just after Genzyme announced that it signed a confidentiality agreement with Sanofi Aventis to allow the French drugmaker to examine its books, leaks about the potential deal started pouring out. The numbers and details vary, s…
Reports from the ultra-elite Swiss meeting show that CEOs are far more optimistic than they’ve been for years. Considering their cash hoards, an M&A wave is likely. But they’re unmoved by the idea that they should create societ…
The European Commission on Wednesday approved Intel’s $7.68 billion acquisition of security-software company McAfee. Regulators had been concerned that the deal would exclude competing software from working with Intel processor…