mergers acquisitions

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.

Noble to Acquire Frontier Drilling in a $2.16 Billion Deal

Noble is looking to strike it rich with a $2.16 billion acquisition of FDR Holdings, also known as Frontier Drilling. Noble, an offshore drilling contractor, is seeking to expand its footprint in the mid- and deepwater drilling zones.

British Airways and Iberia Announce Merger Plan

British Airways and Spanish carrier Iberia announced their planned merger Thursday, a further consolidation in the struggling airline industry, and one that comes as word is spreading of similar talks between United Airlines and US Airways.