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Image for Anheuser-Busch InBev To Slash Jobs After Merger

Anheuser-Busch InBev To Slash Jobs After Merger

Anheuser-Busch InBev has announced that roughly 3 percent of its combined workforce will be cut after the acquisition of rival SABMiller is completed. That would total about 5,500 jobs, based on both companies’ current workforce... More of this article »
Image for AB InBev Raises Bid For SABMiller

AB InBev Raises Bid For SABMiller

Anheuser-Busch InBev (NYSE:BUD) raised its bid for rival brewer SABMiller in an attempt to quash investor dissent. In the light of exchange rate volatility and market movements, the company raised its bid to 45 pounds a share, up from... More of this article »
Image for Medtronic Announces Deal For HeartWare

Medtronic Announces Deal For HeartWare

Medtronic Plc. (NYSE:MDT) has announced its intentions to buy HeartWare International Inc. (NASDAQ:HTWR) for about $1.1 billion. Medtronic will pay $58 a share in an all-cash transaction, according to a statement made on Monday. Both... More of this article »
Image for Wal-Mart Selling Chinese Online Business To JD.com

Wal-Mart Selling Chinese Online Business To JD.com

Wal-Mart Stores Inc. (NYSE:WMT) has announced its intentions to sell its online business in China to JD.com, the country’s largest e-commerce site when measured by revenue and second largest by market share. As part of the deal,... More of this article »
Image for Samsung Announces Acquisition Of Joyent For Undisclosed Sum

Samsung Announces Acquisition Of Joyent For Undisclosed Sum

Samsung (SSNLF) has announced that it will purchase Joyent, an 11-year-old company that is a cloud provider and container pioneer. According to a statement from the companies, Joyent will operate as an independent subsidiary within... More of this article »
Image for Microsoft LinkedIn Deal Worth $26.2B Announced

Microsoft LinkedIn Deal Worth $26.2B Announced

In a joint statement, Microsoft (NASDAQ:MSFT) and LinkedIn (NYSE:LNKD) announced that the networking site would be acquired by the tech titan in an all cash deal worth $26.2 billion. The terms of the deal value LinkedIn at $196 per... More of this article »