Mergers & Acquisitions | featured news

AT&T announced on Sunday that it agreed to buy T-Mobile USA from Deutsche Telekom, in a $39 billion deal that will reshape the cellular telephone industry. The merger — one of the largest since the onset of the financial crisis — would combine the second and fourth largest cellular carriers in the nation, bringing together AT&T’s 95.5 million wireless subscribers with T-Mobile’s 33.7 million customers.

Berkshire Hathaway has agreed to acquire the specialty chemical company Lubrizol for $9 billion in cash in one of the largest acquisitions in the conglomerate's history.

Google's mergers and acquisitions chief said he plans to be aggressive this year, despite challenges that include soaring valuations for some Web start-ups.

The discussions with Michael Wolff's Newser are said to have faltered after the Huffington Post-AOL deal raised questions about the acquisition price.

The deal is widely seen as an effort by the News Corporation's Rupert Murdoch to bring his daughter Elisabeth back into his media empire.

Germany's Deutsche Boerse is in advanced talks to buy NYSE Euronext, and the London Stock Exchange has agreed to buy Canadian stock market operator TMX, as exchanges globally look for ways to boost their markets and cut costs.

Comcast Corp has completed its takeover of NBC Universal, creating a $30 billion media behemoth that controls not just how television shows and movies are made but how they are delivered to people's homes.

Reports say regulators are on the verge of approving purchase of 51% stake in media giant from General Electric.

News Corp. isn’t ready to pull the plug on MySpace just yet, but it is prepared to cut the cord. CEO Mike Jones told employees yesterday that the media conglomerate is “exploring strategic options” for the past-its-prime social network. That could mean a sale, a merger (Yahoo could be a candidate) or a spinoff. The last scenario is the most likely, reports The Wall Street Journal.

Shares in oil major BP hit a six-month high on Tuesday after The Daily Mail newspaper reported rival Royal Dutch Shell had considered a takeover bid during the Gulf of Mexico oil spill.