merger

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric Co. (NYSE: EMR) announced on Tuesday that it has withdrawn its bid for Rockwell Automation (NYSE: ROK) that was valued you at $29 billion. Emerson offered a proposal to Rockwell on November 16.Emerson offered $225 per share, co..

Both Apple and Oracle in Favor of Tax Repatriation Reform

Both Apple and Oracle in Favor of Tax Repatriation Reform

Mark Hurd, co-chief executive of Oracle Corporation (NYSE: ORCL), recently pledged his support to any form of tax reform that would allow the firm to retrieve its large cash pile from other nations. The government of the United States is looking to ..

Sprint Reported Quarterly Results with Narrower Loss

Sprint Reported Quarterly Results with Narrower Loss

Sprint Corp (NYSE: S) announced its financial results for the second quarter of 2017. Shares of the company increased 2.2% to $7.15 per share in mid-morning trading.“Sprint was able to deliver net additions in both its postpaid phone and ..

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..

Financial Markets are Falling Sharply

Financial Markets are Falling Sharply

The stock market fell sharply Tuesday as a result of a questionable aquisition and renewed tensions with North Korea. The Dow Jones industrial average dropped about 250 points, partialy as a result of United Technologies and Goldman Sachs Group Inc ..