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How does a company figure out the price to pay for an acquisition that will greatly benefit its billionaire founder? This lawsuit gives a clue.
Here's all the latest news about the fascinating world of the legal cannabis industry. Subscribe to Business Insider Prime to read more.
Despite a boatload of massive acquisitions and concerns about the core business, Wall Street thinks Salesforce is a keeper.
The price of the deal was not disclosed, suggesting a big reduction from the $1.1 billion that Tumblr fetched the last time it was acquired.
The price of the deal was called "nominal" compared to Tumblr's last purchase price of $1 billion, according to a Wall Street Journal report.
Chipmaker Broadcom is buying Symantec Corp's enterprise security business for $10.7 billion in cash, the antivirus software maker said on Thursday.
The talks come a month after deal negotiations between the two tech companies fell apart over price disagreements.
Red Hat CEO Jim Whitehurst is seen by many investors as a potential successor to IBM chief Ginni Rometty, according to a Wall Street analyst.
Bristol-Myers Squibb and Celgene have agreed to divest a drug called Otezla to win regulatory approval for their $74 billion merger.
We spoke to Curaleaf's CEO about the deal, and whether the cannabis retailer has any plans to sell to a major CPG or pharma company down the line.
A deal between the two companies could be reached in mid-July, according to anonymous sources cited by Bloomberg.
Salesforce's planned acquisition of Tableau came shortly after Google announced it would acquire Looker and SAP announced it would acquire Qualtrics.
Tableau's shares surged 34.17% to $168.00 in pre-market trading on Monday. Salesforce was down 4.57% to $153.90.
If approved, the deal would make a one-stop shop for Patriot and Tomahawk missiles and Pratt & Whitney F-35 fighter-jet engines.
Blackstone just purchased an $18.7 billion portfolio of warehouse assets. The transaction was driven by a bet on e-commerce logistics growth.
These large, liquid companies could see their stock prices surge if they receive buyout offers, says Morgan Stanley.
The deal is meant to fill in Goldman's wealth offering and create more stable revenue to offset other more episodic sources of income.
The deal is meant to fill in Goldman's wealth offering and create more stable revenue to offset other more episodic sources of income.
Canopy Growth paid $300 million in April for the right to buy Acreage Holdings pending the federal legalization of marijuana in the US.
Cannabis is still illegal in the US at the federal level, making it tricky for US banks to service companies from the industry.