USA Herald August 3, 2020
ExxonMobil reports record-breaking losses, cites COVID-19
Earlier this week, ExxonMobil reported its biggest ever quarterly loss, citing the coronavirus pandemic’s chokehold on the oil industry. It…
Mergers and Acquisitions August 1, 2020
Microsoft enters early talks to acquire TikTok US operations
Technology giant Microsoft has reportedly entered into preliminary talks to acquire the U.S. based TikTok division, owned by Chinese parent…
Business May 6, 2020
FTC approves AbbVie’s proposed $63 billion deal to buy Allergan
The Federal Trade Commission (FTC) approved AbbVie’s (NYSE: ABBV) proposal to acquire Allergan (NYSE: AGN) for $63 billion after the…
Business June 20, 2019
FTC requires UnitedHealth and DaVita to divest assets as condition in proposed merger
The Federal Trade Commission (FTC) imposed conditions on United Health Group and DaVita after its investigation resulted to a conclusion…
Business May 23, 2019
Sprint shares climb on report that DOJ remains open to its merger with T-Mobile
The stock price of Sprint Corporation (NYSE: S) went up on Thursday due to a report that the U.S. Department…
Business May 17, 2019
Hewlett Packard Enterprises to buy supercomputing leader Cray for $1.3B
Hewlett Packard Enterprises (HPE) is acquiring Cray, a supercomputer manufacturer, for $35 per share. The value of the transaction is…
Business February 26, 2019
GE Shares Soar on Deal to Sell its BioPharma Business to Danaher
The stock price of General Electric Company (NYSE: GE) surged more than 6 percent to $10.82 per share on Monday.…
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