"Mergers" Blogs & Blog Posts

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More consolidation of the oil industry appears inevitable, sources say, and $100 billion in deals points to a shift from the boom-and-bust trends of the past.

"That's to deal with the tough rock that contains a lot of things that heretofore we weren't able to produce," Hamm explained at an energy conference.

The record profit is mostly due to an accounting gain following its government-brokered takeover of its arch Swiss rival earlier this year.

Alaska acquired dozens of Airbus A320 family jets during its merger with Virgin America. It's now retiring them in favor of an all-Boeing fleet.

Horizon is the largest disclosed holding of John Paulson's family office Paulson & Co., according to Forbes.

Musk and Twitter just closed on his $44 billion deal to take the platform private. The billionaire is already firing executives and doing technical reviews.

Musk and Twitter were scheduled to start a court trial over the deal later this month, and Musk was scheduled to be deposed this week.