acquisition

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancelled hundreds of thousands of holiday flights due to the intense competition for flights and a weaker pound. 900,000 passengers were affected included more than 100,000 that were already abroad. 750,000 future bookings were can..

Centerpointe Office Park Changes Hands for $106 Million

Centerpointe Office Park Changes Hands for $106 Million

A business park comprising of a total of 10 buildings in La Palma has been bought by two investment firms- Westbrook Partners and Greenlaw Partners- for a sum of $106 million. Both operate out of Irvine and have offices in Los Angeles. The two firms..

Calgon Carbon Corporation to be Acquired by Kuraray

Calgon Carbon Corporation to be Acquired by Kuraray

Calgon Carbon Corporation (NYSE: CCC) share spiked more than 60% after the company announced on Thursday that it will be acquired by Kuraray Co., Ltd. (TYO:3405). The two companies have reached a definitive merger agreement, under which Kuraray will..

Walgreens Received Regulatory Clearance to Acquire     Rite Aid

Walgreens Received Regulatory Clearance to Acquire Rite Aid

Walgreens Boots Alliance Inc (NASDAQ: WBA) has received the regulatory clearance required for the acquisition of Rite Aid Corporation (NYSE: RAD) for 4.375 billion in cash. Tuesday Walgreens announced that the amended and restated asset purchase agr..

Northrop Grumman Corporation Acquires Orbital ATK for $9.2 Billion

Northrop Grumman Corporation Acquires Orbital ATK for $9.2 Billion

Northrop Grumman Corporation (NYSE: NOC) has announced the acquisition of the aerospace and defense systems company, Orbital ATK, Inc. (NYSE: OA) for $9.2 billion. Shares of Orbital ATK up about 20% after the announcement. According to a definitive ..

Samsung Looking into Autonomous Driving

Samsung Looking into Autonomous Driving

Samsung Electronics Co Ltd has announced plans to diving into autonomous driving after their recent $8 billion acquisition of Harman. Well known for their audio speakers, Harman’s 65% of sales derives from their automotive business, on bo..

Merck Acquires Rigontec for $550 Million

Merck Acquires Rigontec for $550 Million

Merck & Co. Inc. (NYSE: MRK) announced today its acquisition of German biotech start-up, Rigontec for approximately €464 million or $550 million to further advance studies and research in cancer treatment development.Merck agreed to pay &eu..