Icahn

Blockbuster's Future is Up for Auction

Blockbuster on Monday kicked off the confidential auction process that will decide its future. Billionaire Carl Icahn and others have bid for the troubled video-rental chain.

Sanofi Is in No Rush to Reach Deal With Genzyme

Sanofi-Aventis CEO Chris Viehbacher said Wednesday that he believes his French pharmaceutical company will eventually buy U.S. biotech company Genzyme at a reasonable price. However, he expects it will take some time to agree on a deal, and he won't rush into anything.