Fujifilm is blaming the collapse of its merger with print and copy giant Xerox on the whims of activist investors Darwin Deason and Carl Icahn and has asked a court to award it more than $1 billion in damages.
Read moreShareholders say in a federal class action that directors are selling Financial Engines (financial advisers) too cheaply through an unfair process to (nonparties) Hellman & Friedman/Edelman Financial Services, for $45 a share or $3 billion.
Read moreApproving the $85 billion merger of AT&T and Time Warner, a federal judge found Tuesday that the government failed to show the deal would raise prices for consumers and harm competition.
Read moreNearly two years after deciding to join forces, AT&T and Time Warner will find out Tuesday if they can finally close their $85 billion deal.
Read moreShareholders say in a federal class action that directors are selling RPX Corp., a provider of patent-risk and discovery-management solutions, too cheaply through an unfair process to the private-equity firm HGGC LLC, for $10.50 a share or $555 million.
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(CN) – British software firm Micro Focus International overstated the benefits of a proposed merger with Hewlett Packard spinoff HPE
Read moreDirectors are selling Armo Biosciences too cheaply through an unfair process to Eli Lilly, for $50 a share or $1.6 billion, shareholders say in a federal class action.
Read moreThe U.S. Department of Agriculture improperly rescinded an Ohio farming cooperative’s ability to offer insurance rebates to its members after a merger that doubled its membership, the Sixth Circuit ruled Monday.
Read moreEchoing the January recommendation of a magistrate, the European Court of Justice sided Thursday with Ernst & Young, which is fighting in Denmark to annul penalties it faced in 2014 regarding its merger with a Danish branch of KPMG.
Read moreIn a federal class action, shareholders say Verifone Systems is selling itself on the cheap, for $3.4 billion, or $23.04 a share.
Read morePaving the way for its acquisition by Monsanto for $66 billion, the drugmaker Bayer agreed Tuesday to divest $9 billion in assets. The figure is largest merger divestiture ever required by the Department of Justice.
Read moreA Xerox stockholder filed a class action claiming the photocopy giant’s directors and former CEO caved to pressure from top shareholder Carl Icahn when they reached a settlement essentially ceding control of the board to him.
Read moreIn a federal class action, shareholders say Oclaro’s proposed $1.8 billion sale to Lumentum, for $5.60 a share plus 0.06 shares of Lumentum for each Oclaro share, is insufficient. Both are optical-tech companies.
Read moreShareholders claim in a federal class action that the $1.6 billion merger of Armo Biosciences and Eli Lilly, for $50 a share, is insufficient.
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(CN) – AMC Theaters faces a shareholder derivative after the company’s stock took a nosedive when it announced disappointing results
Read moreBritain’s government says it does not intend to refer U.S. media conglomerate Comcast’s $30.7 billion (22 billion pound) takeover offer for London-based Sky to competition authorities, saying the proposed merger doesn’t raise concerns on public interest grounds.
Read moreA Delaware judge denied CBS’ request for a temporary restraining order against controlling shareholder Shari Redstone, setting the stage for a possible board shake-up over a proposed merger with Viacom.
Read moreThe European General Court ruled against regulators Wednesday for shirking their responsibility to ensure that merger conditions placed on the German airline giant Lufthansa and Swiss International Air Lines remain necessary.
Read moreAfter a period of uncertainty that has included a court injunction and the resignation of its chief executive officer, Xerox announced Sunday that it terminated a proposed $6.1 billion merger with Fujifilm, a deal that investors said undervalued the U.S. print firm.
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