Mergers & Acquisitions | featured news

Networking giant Cisco Systems Inc. agreed to acquire Starent Networks, a maker of infrastructure equipment used by wireless carriers, for about $2.9 billion. The technology bellwether—which has been hurt by a pullback in customer ...

GM completed an agreement to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery.

Comcast Corp. is in talks to purchase NBC Universal, the Los Angeles Times is reporting.

Investors in a class-action lawsuit against Bank of America over the Merrill Lynch takeover are trying to collect "billions ...

Xerox Corp (XRX.N) said it will buy Affiliated Computer Services Inc (ACS.N) in a $6.4 billion cash-and-stock deal that expands the copier company into outsourcing and data management. The deal, priced at a 33.6 percent premium to ...

Belgian drugs, chemicals and plastics maker Solvay said on Monday it would sell its drugs unit to U.S. partner Abbott Laboratories for 4.5 billion euros ($6.61 billion) in cash and reinvest in chemicals and plastics.

Bank of America Corp failed to meet a Monday midday deadline to hand over further details about its acquisition of Merrill Lynch to a congressional investigative committee, a panel spokeswoman said.

Under the deal, Disney will acquire ownership of Marvel, including its more than 5,000 Marvel characters.

General Motors Corp. said Tuesday it has signed an agreement to sell its unit Saab Automotive to Sweden's Koenigsegg Group AB, confirming an announcement in June, although government officials warn that more capital is needed before the deal can be closed.

MSNBC.com just announced that it has acquired EveryBlock, a 'hyperlocal' news and information site that has been publishing and aggregating data and news stories for 16 American cities for the last two years.