Akzo Nobel says the unsolicited proposal "substantially undervalues our company and contains serious risks and uncertainties."
The sale to Canadian Natural Resources allows Shell to focus on assets such as deepwater oil and gas that aren't as costly to exploit as oil sands.
The electronics retailer blamed its filing on the "surprisingly poor performance of mobility sales" despite its co-branded stores with Sprint.
After pushing a turnaround, the retailer decides a restructuring through Chapter 11 is "the best path forward to ensure long-term success."
Not only do the top-performing financial shared services centers process more invoices and receipts with fewer people, those people accomplish much…
The deal means bankrupt SunEdison's financial woes will no longer affect TerraForm Global, which had been seeking a buyer.
Through the acquisition of Nimble Storage, "we’ll have a comprehensive, best-in-class [flash] portfolio across the full range of the market."
Eighty-two percent of companies surveyed say “macroeconomic volatility” will increase their chances of divesting a business in the next year.
"This represents another major step in the ongoing work that is driving our improved performance and accelerating our momentum,” GM CEO Mary Barra…
Some analysts are skeptical about Snapchat's parent, pointing to its “aggressive competition” and a “core user base that is not growing by…