Investor group raises Macy’s buyout bid by nearly $1 billion
Arkhouse Management and Brigade Capital are raising their offer to buy Macy’s by almost $1 billion, in hopes of taking...
Acquisitions/Mergers/Takeovers
GE sets date for final spin-off: What that means for the stock
General Electric Co. has set the date for the final split of the company — just as the stock had...
Warner Bros. Discovery, Paramount shares rise on report that merger talks halted
Shares of Warner Bros. Discovery Inc. and Paramount Global Inc. rose after a new report said merger talks between the...
Vizio’s earnings show Wall Street why Walmart wants to buy the smart-TV maker
Vizio Holding Corp., the TV maker being bought by Walmart Inc., reported fourth-quarter results Tuesday that beat expectations, helped by...
Amazon lost nearly $1 billion on its Rivian investment last week
Shares of Rivian Automotive Inc. rose Monday, but only after it just suffered its worst week since going public, in...
Alcoa offers $2.2 billion in takeover bid for Australia’s Alumina
SYDNEY — Aluminum producer Alcoa has agreed to an all-stock deal to acquire Australia’s Alumina that values its equity at...
BuzzFeed shares soar after it sells Complex — for less than what it paid in 2021
Shares of BuzzFeed Inc. were up more than 126% after hours on Wednesday, after the once-influential media company said it...
Higher APRs? More rewards? How the Capital One-Discover deal impacts card users
Capital One Financial Corp.’s possible purchase of Discover Financial Services could prove a costly shake-up for credit-card users, according to...
Carl Icahn lands two JetBlue board seats days after disclosing stake in airline
Just four days after Carl Icahn disclosed a 9.9% stake in JetBlue Airways Corp. and signaled his intention to have...
DraftKings stock goes south after sports-betting company swings to surprise loss
DraftKings Inc. shares dropped more than 3% in the extended session Thursday after the sports-betting platform surprised Wall Street with...
