General Growth Properties shares surged more than 17 percent Tuesday amid chatter that Brookfield Property Partners has been in talks to acquire the U.S.-based retail real estate investment trust. Brookfield notably holds a 35 percent stake in GGP. And GGP's portfolio consists of mainly "Class A" malls, or those that...
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...
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...