U.S. media group Meredith has reached a deal to acquire Time, the U.S. publisher of Sports Illustrated and Fortune magazines, the company said Sunday evening. Meredith said it had entered a binding agreement to acquire all outstanding shares of Time for $18.50 per share in an all-cash transaction valued at...
Nokia halted its effort this week to acquire Juniper Networks, according to people familiar with the matter, after CNBC reported the two companies were in talks to merge. The push by Nokia to acquire Juniper — and marry that multibillion-dollar networking company with Nokia's infrastructure resources — is off for...
A huge cash horde, coupled with $200 billion in repatriated cash from recently passed tax reform, is a perfect opportunity for Apple to make a big purchase of a company such as Netflix. American companies should get a huge shot in the arm from the new tax cut plan, but...