Mergers & Acquisitions | featured news

GM is in talks about turning its Saturn division over to Renault. Separately, China's Geely Automobile has submitted a bid to acquire GM's Saab unit.

Chicago financier James Tyree is assembling a group of investors to bid on Sun-Times Media Group Inc.

Mr. Tyree, CEO of Mesirow Financial Inc., told Crain's he has reviewed Sun-Times' books and discussed a possible bid with CEO Jeremy Halbreich and other company executives.

The Italian carmaker that just took over Chrysler is in talks to buy GM's European operations.

Union concessions moves the deal between the U.S. and Italian automakers closer to reality.

Talent agencies William Morris and Endeavor are expected to vote Monday on a merger that would create

The Obama administration remains focused on bringing Chrysler and Fiat into a working partnership, a U.S. official said on Thursday, dismissing a news report that the U.S. car-maker faced imminent bankruptcy.

Federal Reserve Chairman Ben Bernanke and then-Treasury Department chief Henry Paulson pressured Bank of America Corp. to not discuss its increasingly troubled plan to buy Merrill Lynch & Co. -- a deal that later triggered a government bailout of BofA -- according to testimony by Kenneth Lewis, the bank's chief executive.

Sun Microsystems, Inc. and Oracle Corporation announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash.

General Motors Corp is prepared to part with a controlling stake in Opel/Vauxhall for nothing but a pledge to invest directly in a new company formed from its European operations, the Financial Times said on Sunday, citing two people familiar with its plans.

PepsiCo set a $6 billion bid for its two largest independent bottlers. A deal would give it control of about 80% of its distribution.