acquistion

The NYSE Goes on ICE: Stock Exchange in Acquisition Deal

IntercontinentalExchange announced this morning that it has reached a definitive agreement to acquire NYSE Euronext Inc. in a stock and cash transaction valued at $33.12 per NYSE Euronext share, a premium of nearly 38% to last night's closing price. The total value of the deal is $8.2 billion.

M&A Mania: Early 2011 Deals Already Hit a 10-Year High

Companies such as Duke Energy and DuPont are off and running with megamergers early this year. Even Playboy is among the dealers. And market pros say the trend is far from over. Why are so many U.S. companies tying the knot? Fast growth is hard to come by in any other strategy.

Jo-Ann Stores to Be Purchased for $1.6 Billion

News that Jo-Ann Stores has agreed to be acquired by an affiliate of private-equity firm Leonard Green & Partners for about $1.6 billion has sent shares of the craft retailer soaring 33% in premarket trading.