Two companies that count Warren Buffett as a shareholder announced acquisitions this week.
Liberty Global has agreed to buy Swiss telecoms rival Sunrise Communications for $7.5 billion in cash, while Brazilian payments group StoneCo is set to acquire software group Linx for $1.1 billion in cash and stock.
Assuming Buffett's Berkshire Hathaway hasn't altered its stakes in the two companies, they are currently worth a combined $1.3 billion...
A former employee is taking WeWork to court over cofounder Adam Neumann's reported $1.7 billion golden parachute.
Natalie Sojka's lawsuit accuses Neumann and other WeWork directors of benefiting themselves at the expense of minority shareholders as their actions have "eviscerated" the value of WeWork stock and stock options...
AbbVie has agreed to buy Allergan in a $63 billion cash-and-stock deal.
Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each Allergan share that they hold, totaling $188.24 per Allergan share.
The offer represents a 45% premium to the closing price of Allergan's shares on Wednesday...
Renault shares plunged 8% on Thursday morning after Fiat Chrysler pulled its offer for the French carmaker.
French government officials on Renault's board postponed making a decision on Wednesday.
Renault wanted more time to secure the support of long-time rival Nissan.
"It has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully," Fiat Chrysler said...
Waste Management and Advanced Disposal, two of America's largest waste-management companies, are joining forces in a $4.9 billion deal.
Advanced Disposal's shares surged 20% on the news.
The tie-up is expected to immediately boost earnings and cash flow, and generate $100 million in annual savings by cutting costs and slashing capital spending...
