Just Eat Rejects Raised Prosus Bid
Just Eat said it has rejected the latest Prosus takeover bid and continues to recommend shareholders accept the rival offer from Takeaway.com.
McAfee Considers Making Bid for Rival NortonLifeLock
NortonLifeLock, the $16 billion consumer-software company, has attracted deal interest from a handful of companies including rival McAfee, people familiar with the matter said.
Pershing Square Reports Stake in Agilent Technologies
Bill Ackman's hedge fund on Monday disclosed a 2.9 million-share stake in the laboratory instrument and software company.
Index Provider MSCI Targets Acquisitions, Partnerships in 2020
Index provider MSCI Inc. is pursuing a conservative strategy for 2020 by targeting complementary acquisitions and partnerships as it monitors a frothy deals market and prepares for a potential decline in stock markets, which could reduce fee income.
Nike Workers Protest Company's Treatment of Women
Nike employees staged a protest over the company's treatment of women the same day the sportswear giant reopened a headquarters building named after the disgraced running coach Alberto Salazar.
SoftBank Is Selling Wag Stake Back to Company
SoftBank's Vision Fund has agreed to sell its nearly 50% stake in Wag Labs back to the struggling dog-walking startup, marking another disappointment for the Japanese investing giant.
Comcast Expects to Spend $2 Billion Over Two Years on Streaming Service
Comcast is planning to spend $2 billion over the next two years on content and marketing for Peacock, its new streaming service set to debut in April, the company's finance chief said.
Amazon Claims 'Improper Pressure' From Trump on Pentagon Contract
Amazon.com said President Trump exerted "improper pressure" on the Pentagon to keep a lucrative cloud-computing deal from going to his perceived enemy, company founder Jeffrey Bezos.
Judge Puts T-Mobile Merger Trial on Fast Track
A federal judge told lawyers fighting over T-Mobile US's more than $26 billion bid for Sprint to skip their customary opening arguments so they could start questioning witnesses, a sign he is seeking a speedy trial.
Tiger Global Cuts Juul's Valuation to $19 Billion
Tiger Global Management, one of Juul's earliest boosters, slashed its valuation of the e-cigarette startup to $19 billion, the latest sign that investors are reassessing a number of Silicon Valley's one-time darlings.