FTC Probes Amazon’s $1.7 Bln Takeover Deal Of IRobot

The U.S. Federal Trade Commission has requested Amazon.com Inc. (AMZN) and iRobot Corp (IRBT) for more information on the tech giant’s $1.7-billion buyout of the Roomba vacuum maker. According to a filing from iRobot, on September 19, FTC made a “second request” for additional information and documentary materials to review. Last month, Amazon agreed to buy iRobot for $61 per […]

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Rio Tinto Makes Sweetened Full And Fair Offer Of C$40/share For Turquoise Hill

Anglo-Australian metals and mining firm Rio Tinto Plc (RTPPF.PK,RIO.L,RIO,RTNTF.PK) on Wednesday submitted an improved non-binding proposal of C$40 in cash per share to the Turquoise Hill Resources Ltd. (TRQ,TRQ.TO) Board to acquire the approximately 49% of the issued and outstanding shares of Canadian copper mine giant Turquoise Hill that Rio Tinto does not currently own. The sweetened offer values the […]

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Biden taking victory lap for lowering gas prices is 'egregious': Energy expert

video White House not the cause of lower gas prices: Energy expert The Schork Group principal Stephen Schork analyzes the oil market and reveals what’s really behind the falling gas prices on ‘Varney & Co.’ The Schork Report principal Stephen Schork slammed the White House Friday over taking credit for declining gas prices, telling "Varney & Co." tremendous "demand destruction," […]

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Germany faces possible $265 billion loss in added value as a byproduct of war and high energy prices

video FOX Business Flash top headlines for August 9 Check out what’s clicking on FoxBusiness.com. Germany's economy will lose more than 260 billion euros ($265 billion) in added value by 2030 due to the Ukraine war and high energy prices, spelling negative effects for the labor market, according to a study by the Institute for Employment Research (IAB). In comparison […]

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Gilead Sciences To Buy Clinical-stage Private Biotechnology Firm MiroBio For $405 Mln In Cash

Gilead Sciences, Inc. (GILD), a biopharmaceutical company, announced Thursday that it has signed a definitive agreement to acquire MiroBio, a privately-held U.K.-based biotechnology company, for around $405 million in cash. The cash consideration is subject to customary adjustments and payable at closing of the deal. MiroBio is backed by a group of international investors including Oxford Science Enterprises, Samsara BioCapital, […]

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Biden EPA plans to tackle coal industry by enacting new limits on other pollutants

video FOX Business Flash top headlines for August 1 Check out what’s clicking on FoxBusiness.com. The U.S. Environmental Protection Agency plans to use new limits on traditional pollutants like ozone and coal ash to help encourage the retirement of the nation’s remaining coal-fired power plants, after the Supreme Court limited the agency’s ability to impose sweeping climate regulations, according to […]

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Ipsen To Acquire Epizyme For $1.45/share In Cash – Quick Facts

French pharmaceutical company Ipsen SA (IPSEY) announced Monday its agreement to acquire Epizyme, Inc. (EPZM), a company focused on delivering novel epigenetic therapies. Under the deal terms, Ipsen, through a subsidiary, will initiate a tender offer to acquire Epizyme at a price of $1.45 per share in cash at the closing of the transaction. The initial estimated aggregate consideration would […]

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