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…
Virgin Atlantic Airways, the airline that said six months ago it is interested in a merger deal, has attracted approaches from several parties.
“We’ve received a number of lines of enquiry,” Virgin spokesman Greg Dawson said in a statement, according…
Paris-based pharma Sanofi-Aventis has pushed back its offer deadline for Massachusetts-based biotech Genzyme by six weeks. All other terms, including the $69 per share bid, remain unchanged. So far, very few shareholders have r…
On-demand-software giant Salesforce.com just acquired a cloud software startup called Heroku for $212 million in cash. That’s par for the course these days as cloud computing goes from buzzword to reality. And venture capitalis…
General Electric Co. (GE) will buy Wellstream Holdings Plc (WSM), a British oilfield-services provider focused on the Brazilian market, for 800 million pounds ($1.3 billion).
The deal is worth 786 pence per share of Wellstream, including a 6 pence sp…