Divestment of non-core units is an effective way to streamline the business and free up capital to support growth.
The maker of Arm & Hammer toothpaste will pay $1 billion for Water Pik, which sells the No. 1 water-jet flosser brand.
The FTC, which had moved to block the combination of FanDuel and DraftKings, calls the termination “a clear win for American consumers.”
The furniture and equipment leasor rejected Vintage Capital's $800 million offer, calling it “inadequate and opportunistic.”
The PE powerhouse will pay $1.1 billion for ClubCorp's golf, country, and sports clubs, which serve 430,000 members.
Berkshire agrees to buy Oncor from Energy Future Holdings for $9 billion in cash.
Campbell continues to reshape its product portfolio in response to shifting consumer tastes.
The deal between the payment processing companies is expected to trigger more mergers in the payment space.
Symantec CEO Greg Clark said ‘browser isolation’ will be a core component of cyber defense in the cloud-based world.
QVC owner Liberty Interactive buys the remaining 61.8% of HSN for $2.1 billion in stock, a 29% premium.