Acquisition | featured news

Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag, analysts said on Tuesday, as takeover talk pushed the shares up as much as 26 percent on Tuesday.

Zynga is trying to provide some answers for its controversial acquisition of "Draw Something," a mobile game that was released only six weeks earlier and has since lost popularity.

Chinese conglomerate Dalian Wanda Group agreed to buy AMC Entertainment for $2.6 billion, including debt, making it the biggest theatre operator in the United States.

Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world's No. 1 Internet search engine to develop its own line of smart phones.

Avon says it's considering a sweetened buyout offer of almost $10.7 billion from Coty Inc. Avon says that it expects to respond to the new offer within a week.

British drugmaker GlaxoSmithKline said Wednesday it will no longer wait for Human Genome Sciences to consider an acquisition offer and instead appealed directly to the Rockville firm’s shareholders to accept its $13-per-share asking price.

With all the talk about excessive compensation, ponzi schemes and the nasty side of Steve Jobs, it might be easy to assume that all successful CEOs are jerks.

Can a two-year-old photo sharing app really be worth $1bn? It would buy you some some 2,100 Rolls Royce Phantoms. Or 200 million mosquito nets to fight malaria. Or the whole of the New York Times company (with $50m change to spare). If you are Microsoft, it buys you some 800 AOL patents to fight the next patent war.

Facebook is spending $1 billion to buy the photo-sharing company Instagram in the social network's largest acquisition ever.

AT&T Inc. on Monday said that it had agreed to sell a majority stake in its Yellow Pages business to the private-equity firm Cerberus Capital for $950 million.