Ownership Changes

Exxon Buys Pioneer for $60 Billion to Create Shale Giant

The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction…

9 months ago

Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion

The deal expands the pharmaceutical company’s portfolio of cancer drugs. Source link

9 months ago

The Oil Patch Is Primed for an Era of Megadeals

A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own.…

9 months ago

How Dodgy Spare Parts Got Into Jet Engines, Leaving Airlines Scrambling

Airlines are checking their fleets after regulators and engine makers claimed that a small broker sold spare parts with forged…

9 months ago

Meal-Kit Maker Blue Apron to Be Sold

The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link

9 months ago

The World Needs New Antibiotics, but the Business Model Is Broken

New drugs to defeat “superbug” bacteria aren’t reaching patients. Source link

9 months ago

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

10 months ago

Tesla, Saudi Arabia in Early Talks for EV Factory

The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk. Source link

10 months ago

Why the Twinkie Is Now Worth Billions

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber…

10 months ago

J.B. Hunt Transport Will Acquire BNSF Brokerage Business

The sale comes as the freight operator and the railroad are stepping up their commercial relationship. Source link

10 months ago