The recent rebound in mergers and acquisitions is expected to strengthen significantly next year, according to a new report, with global deal activity on track to rise 36 percent, to $3.04 trillion. The total would be the highest amount since 2007, when the market logged $4.28 trillion in deals in the months that preceded the [...]
Many executives are preparing for what could be a rough ride amid growing concern that shareholder activism will intensify in the next 12 months. According to a report by the law firm Schulte Roth & Zabel and Mergermarket, a research firm, most of the 25 senior executives and 25 activist investors interviewed recently expected that [...]
Welcome to The Morning Report, where you can find everything you need to know in the world of deal-making at a glance. Tuesday’s big stories include: Chevron’s $4.3 billion deal for Atlas Energy, a natural gas producerDanone holds talks to sell its bottled water unit, with several Japanese players in the mix, according to The [...]
From Joshua Brustein at Bits: Technology companies, venture capitalists and retailers have expressed no small amount of enthusiasm for location-based Web services, which allow users to “check into” locations, in order to connect with friends or cash in on special offers from businesses. It is not clear whether the people who would actually be checking [...]
Tiger Asia Management, the hedge fund led by Bill Hwang and seeded by the hedge fund veteran Julian Robertson, received a subpoena from the Securities and Exchange Commission, following allegations of insider trading by Hong Kong’s securities regulator, Bloomberg News reported. The S.E.C. has requested trading records and other documents, Tiger Asia told investors in [...]
The United States Treasury concealed $40 billion in likely taxpayer losses on the bailout of the American International Group earlier this month, when it abandoned its usual method for valuing investments, according to a report by the special inspector general for the Troubled Asset Relief Program, Mary Williams Walsh reports in The New York Times. [...]
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