Elliott and Vista Near Deal to Buy Citrix Systems
Elliott Management Corp.’s private-equity arm, Evergreen Coast Capital, and Vista Equity Partners are near an agreement to pay $104 a...
Acquisitions/Mergers
AMD’s Planned Purchase of Xilinx Clears Last Big Regulatory Hurdle
TOKYO—Chinese authorities approved U.S. chip maker Advanced Micro Devices Inc.’s AMD -2.47% planned $35 billion purchase of Xilinx Inc., XLNX...
Microsoft Earnings Grew Last Quarter With Demand for Cloud Services
Microsoft Corp. MSFT -2.66% said its earnings continued to grow last quarter as its cloud-services business stayed strong.On Tuesday, the...
Unilever Plans Job Cuts as Activist Investor Trian Takes Stake
Unilever UL 8.58% PLC plans to cut thousands of jobs as part of a reorganization aimed at speeding up its...
Sony’s Videogame Strategy Challenged by Microsoft’s Deal for Activision
TOKYO— Sony Group Corp. SONY -3.45% finds itself in a position many gamers could appreciate, having climbed to the highest...
WSJ News Exclusive | Activist Investor to Call on Peloton to Fire Its CEO
An activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s...
China Notifies Firms of Tougher Investment Rules for Big Tech
SINGAPORE—China has notified some companies of new rules that require the country’s biggest internet firms to seek approval for investment...
Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
Microsoft to Buy Activision Blizzard in All-Cash Deal Valued at $68.7 Billion
The deal, if completed, would sharply expand Microsoft’s already sizable videogame operation, adding a stable of popular game franchises including...
Unilever Makes Approach for Glaxo’s Consumer-Healthcare Business
LONDON— Unilever UL 1.14% PLC said it had approached GlaxoSmithKline GSK 0.91% PLC and Pfizer Inc. PFE -1.06% about an...
Monster Beverage Buys Owner of Craft Breweries Cigar City, Oskar Blues for $330 Million
Monster Beverage Corp. MNST 0.41% has been mulling a move into booze for years. It finally took the plunge Thursday,...
Planet Fitness to Buy Franchisee Sunshine Fitness for $800 Million
A Planet Fitness staffer in Inglewood, Calif., preparing for reopening last year after being closed for the Covid-19 pandemic. Photo:...
Candle Media Buys Stake in Media Company Co-Founded by Will Smith and Jada Pinkett Smith
Candle Media, a firm led by two former Walt Disney Co. executives, has agreed to buy a stake in Will...
3G Capital Diversifies Away From Food With Hunter Douglas Deal
3G Capital has agreed to buy a majority stake in Dutch window-coverings maker Hunter Douglas HDG 69.82% NV in a...
Google and Tech Rivals Tap Cash Reserves to Realize Cloud Ambitions
Google and its rivals are wielding a new weapon in the battle for cloud-computing market share: big-dollar investments in companies...
KKR and BMG Buy Into ZZ Top’s Music
KKR & Co. Inc. and BMG are betting on ZZ Top. The investment firm and music company have acquired all...
Oracle’s Larry Ellison Targets the Health Cloud With $28.3 Billion Bid for Cerner
Oracle Corp. ORCL -4.27% on Monday announced its largest deal ever, a roughly $28.3 billion purchase of electronic-medical-records company Cerner...
Harley-Davidson’s Electric-Vehicle Division to Go Public Via SPAC Merger
Harley-Davidson Inc.’s HOG 6.94% electric-motorcycle division will become a separate publicly traded company via a blank-check merger, a move the...
Nvidia’s Deal Setback Eased by Soaring Chip Demand
The exploding growth in semiconductor demand that has helped turn Nvidia Corp. into a chip titan is expected to ease...
FTC Challenges Nvidia’s $40 Billion Deal for Arm Holdings
WASHINGTON—The Federal Trade Commission on Thursday sued to block U.S. chip supplier Nvidia Corp.’s proposed landmark takeover of semiconductor-design specialist...
