Raytheon to Buy Applied Signal Technology

Defense contractor Raytheon said Monday it has agreed to buy Applied Signal Technology, which specializes in collecting and processing communication signals to support tactical and strategic intelligence missions, for an aggreg…

Sara Lee Considering Sale to Brazil’s JBS

Food and beverage company Sara Lee (SLE) has been in discussions to sell itself to Brazilian meat company JBS.

Talks have been taking place intermittently for several months, Reuters reported without naming its sources. The companies have disagreed o…

Global M&A Hit $2.25 Trillion in 2010

Mergers and acquisitions reached $2.25 trillion worldwide in 2010, and the industry is gearing up for more in 2011.

This was the first year since 2007 that the mergers industry has posted positive growth, Reuters reported. Deals in emerging markets …