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The two biggest beer producers in the world are set to merge after SABMiller accepted Anheuser-Busch InBev’s US$104 billion offer.
British defense contractor BAE Systems Plc and the European Aeronautic Defense and Space Co. NV (EADS) are feverishly attempting to uphold their proposed merger.
Telecommunications giant AT&T Inc. pulled the plug on its proposed $39 billion T-Mobile USA takeover bid Monday after failing to convince federal regulators of antitrust concerns
Streamlining by the company formed in July’s merger of Orange and T-mobile in the UK will mean 1,200 jobs being lost.
Bruce Wasserstein, chairman and CEO of investment bank Lazard Ltd, passed away at the age of 61. He leaves behind his fourth wife, Angela Chao.
Bank of America may find integrating Merrill Lynch to be difficult.
