Biz/Tech
Amazon Looking to Expand Meal Delivery Service, to Hire New Staff for Company's Restaurant Division
Fiat Chrysler Voluntarily Recalls Close to 8,000 Jeep Renegades, Software in Touchscreen Radio Prone to Hacking
Concordia Healthcare to Buy Amdipharm Mercury for $3.5 Billion, Continues Acquisition Spree
Concordia Healthcare Corp. announced a deal to buy drugmaker Amdipharm Mercury Ltd. (AMCo) from a group of investors led by European private equity firm Cinven for $3.5 billion.
Latest News
Emera Acquires TECO Energy for about $10.4 Billion, Becomes Energy Leader in North America
Emera, Inc. has announced that it will be acquiring TECO Energy for about $10.4 billion, including the assumption of about $3.9 billion in debt, according to a press release issued by Emera.
Blackberry to Acquire Good Technology, Expand Leadership in Secure Cross-Platform Mobility Management
BlackBerry Limited has announced in a press release that it will be acquiring Good Technology, the leader in secure mobility, for $425 million in cash.
AOL to Buy Millenial Media for $238 Million, Deepen its Pogrammatic Leadership
AOL has announced that it will be acquiring Millennial Media, Inc., the leading independent mobile ad marketplace, for about $238 million, according to a press release issued by AOL.
Avolon to be Acquired by Bohai for $7.6 Billion, Complements Bohai's existing Investment in the Leasing Sector
Avolon, the international aircraft leasing company, has agreed to be acquired by Bohai Leasing Co., the only listed leasing company in China, for approximately $7.6 billion including debt, according to a press release issued by Avolon.
Alcoa Betting on 3D Printing, Spends $60 Million to Expand 3D Manufacturing Center
Alcoa, a leader in lightweight metals, is betting on 3D printing as it plans to expand its 3D manufacturing center in Pennsylvania, according to a press release issued by Alcoa.
Natalie Massenet Resigns from Net-a-Porter, Leaves Company as It Completes Merger with Yoox
Natalie Massenet has resigned from Net-a-Porter Group Ltd as the company is completing its merger with Yoox Group SpA, according to a report from The Wall Street Journal.
Rentokil Buys Steritech for $425 Million, Strengthens Position as No. 3 Pest Control Business in U.S.
Rentokil Initial Plc has announced that it will acquire Steritech Group, Inc., one of the leading pest control businesses in North America, for $425 million in cash, according to a press release issued by Rentokil.
Florida Power & Light to Reduce Electricity Rates in 2016, Push for Efficiency Saving Customers Money
Florida Power & Light Company (FPL) has announced that is again planning to reduce its rates by 2016 due to the company’s long-term investments in making its plants more efficient, according to a press release issued by FPL.
Lannett to Acquire Kremers Urban Pharmaceuticals for $1.23 Billion, Expands Lannett's Existing Portfolio of Products
Lannett Company, Inc. has announced that it will be acquiring Kremers Urban Pharmaceuticals Inc., the U.S. specialty generic pharmaceuticals subsidiary of global biopharmaceuticals company UCB S.A. for $1.23 billion, according to a press release issued by Lannett.