A Houston federal jury has hit a Taiwanese CD-ROM manufacturer with a $176 million verdict after determining the company and its U.S. affiliate knowingly and intentionally violated U.S. antitrust laws. The unanimous verdict, which the jury reached Tuesday after a weeklong trial and less than [...]
The slow death of the American coal industry has forced Murray Energy, the largest private coal miner in the United States, to file for bankruptcy protection Tuesday. Murray Energy's bankruptcy has been telegraphed for years. It recently failed to make payments to lenders, and the company [...]
U.S. private equity firm Advent International said it had won approval from European Union, U.S. and Finnish regulators for its $5 billion acquisition of British defense company Cobham, as it continues to wait for U.K. approval. Britain has intervened in the deal on national security [...]
US-based Tiffany says it is "reviewing" a takeover offer worth about $14.5bn (£11.3bn) from the world's biggest luxury goods company, LVMH. The companies confirmed the offer in separate statements on Monday, with the 182-year-old Tiffany saying there are currently no talks. LVMH, owned by France's [...]
Warehouse giant Prologis Inc said it had agreed to acquire rival industrial real-estate business Liberty Property Trust (LPT.N) in a $12.6 billion deal to improve its U.S. presence amid the ecommerce boom. If approved, Prologis said Liberty shareholders would receive 0.675 times a Prologis share [...]
Botox maker Allergan Plc said Monday it expects to book a pre-tax charge of $750 million in the third quarter after its Forest subsidiaries settled an antitrust class action suit brought by direct purchasers of Namenda, a treatment for dementia associated with Alzheimer's disease. Forest will [...]
