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Cisco Systems to Buy Splunk in $28 Billion Deal
Business

Cisco Systems to Buy Splunk in $28 Billion Deal

Networking-equipment giant Cisco Systems has struck a $28 billion deal to buy analytics and security software company Splunk. Source link

5-Hour Energy Founder to Buy Majority Stake in Sports Illustrated Publisher
Business

5-Hour Energy Founder to Buy Majority Stake in Sports Illustrated Publisher

Manoj Bhargava’s Simplify Inventions will take a roughly 65% stake in the Arena Group. Source link

Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Business

Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion

Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link

Biogen to Buy Reata in $7.3 Billion Deal
Business

Biogen to Buy Reata in $7.3 Billion Deal

The deal would bolster the biotech company’s portfolio of treatments for neuromuscular and rare diseases. Source link

The First Smart Gun Is Finally Coming to Market. Will Anyone Buy It?
Business

The First Smart Gun Is Finally Coming to Market. Will Anyone Buy It?

The weapon, which can only be fired by an authorized user, has been in development since the 1990s. Source link

Chevron opted to buy vs build US LNG processing
Stock Market

Chevron opted to buy vs build US LNG processing

© Reuters. FILE PHOTO: The logo and trading information for Chevron is displayed on a screen on the floor of the New York Stock Exchange

Block shares extend losses as Hindenburg report weighs By Reuters
Stock Market

CFRA initiates Polestar at Buy, sees clear path to profitability By Investing.com

© Reuters. CFRA initiates Polestar (PSNY) at Buy, sees clear path to profitability CFRA Research initiated coverage on Polestar Automotive (NASDAQ:) with a Buy rating

US doctor groups debate best use of new weight-loss drugs By Reuters
Stock Market

Lilly to buy Versanis for up to $1.93 billion to boost obesity drug portfolio By Reuters

© Reuters. FILE PHOTO: Eli Lilly logo is shown on one of the company’s offices in San Diego, California, U.S., September 17, 2020. REUTERS/Mike Blake/File

BofA Securities reiterates Buy rating on IBM ahead of Q2
Stock Market

BofA Securities reiterates Buy rating on IBM ahead of Q2 By Investing.com

© Reuters. BofA Securities reiterates Buy rating on IBM ahead of Q2 BofA Securities reiterated its Buy rating and $152.00 price target on IBM (NYSE:)

US appeals court opens docket on FTC effort to overturn loss in fight against Microsoft plan to buy Activision By Reuters
Stock Market

US appeals court opens docket on FTC effort to overturn loss in fight against Microsoft plan to buy Activision By Reuters

© Reuters. FILE PHOTO: Logo of Microsoft is pictured on its office building in Beijing, China May 25, 2023. REUTERS/Tingshu Wang/File Photo WASHINGTON (Reuters) –