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Medtronic, Inc. (MDT) and Covidien plc (COV) said Wednesday that the U.S. Federal Trade Commission has cleared Medtronic's proposed $43 billion acquisition of Covidien. The FTC clearance follows Medtronic's and Covidien's agreement to a proposed consent order, which includes a commitment to divest...

Peoples Federal Bancshares Inc (PEOP) said its stockholders voted to approve the merger of Peoples with and into Independent Bank Corp (INDB). The date of the closing, which cannot take place until all applicable regulatory approvals have been received, has not yet been determined. Peoples and...

Kinder Morgan, Inc. (KMI) said Wenesday that it has completed its acquisition of the outstanding equity securities of Kinder Morgan Energy Partners, L.P. (KMP), Kinder Morgan Management, LLC (KMR) and El Paso Pipeline Partners, L.P. (EPB). The about $76 billion deal was initially announced on August...

King Digital Entertainment plc (KING) said Wednesday that Melvyn Morris has stepped down from the role of Chairman of the company's Board and will take a leave of absence from the Board for personal reasons with immediate effect. Gerhard Florin, who has served as a member of the Board of Directors...

Perrigo Co plc (PRGO), Wednesday announced the closing of its previously announced registered public offering relating to the sale of about 6.81 million ordinary shares at a public offering price of $152 per share, including the full exercise of the option to purchase up to an additional 888,157 ordinary...

Teva Pharmaceutical Industries Ltd (TEVA) said Wednesday its board has elected Professor Yitzhak Peterburg as chairman, effective January 1, 2015. Prof. Peterburg, a member of the Board since 2012 and from 2009-2010, will succeed Phillip Frost, who previously announced plans to step down as chairman...

North Atlantic Drilling Ltd. (NADL) on Wednesday reported an increase in profit for the third quarter, driven by strong revenue performance at Norway and Russia geographic segments. However, earnings for the quarter fell short of Wall Street estimates, while revenues trumped expectations. The offshore...

Tessera Technologies Inc (TSRA) Wednesday announced that a California state appellate court affirmed a lower court ruling denying a petition by Amkor Technology Inc (AMKR) to correct an arbitration award that the International Court of Arbitration of the International Chamber of Commerce issued in July...

Mercer International Inc. (MERC, MRI_U.TO) said Wednesday that it has completed its private offering of $250 million in aggregate principal amount of 7.000% senior notes due 2019 and $400 million in aggregate principal amount of 7.750% senior notes due 2022. The Notes of each series were issued at...

French dairy giant Danone SA (DANOY) is mulling the sale of its 20 percent stake in Japanese dairy-drink producer Yakult Honsha Co. for about $2 billion, according to a Bloomberg report on Wednesday. Danone is the biggest shareholder of Yakult Honsha. The report indicated that Danone has held internal...

Principal Financial Group Inc. (PFG), a provider of retirement savings and insurance products, said Wednesday that its board of directors has named company veteran Daniel Houston as president and chief operating officer of the company, with immediate effect. Houston was also elected to the company's...

Firearms maker Smith & Wesson Holding Corp. (SWHC) announced that it agreed to acquire Battenfeld Technologies Inc., a provider of hunting and shooting accessories, for $130.5 million in cash, subject to certain adjustments. Battenfeld Technologies is being acquired from Clearview Capital, a private...

The Principal Financial Group (PFG) announced that it has named Daniel Houston president and chief operating officer or COO, effective immediately. The company said Houston will oversee all global businesses including Principal Global Investors, Principal International, Retirement and Investor Services,...

North Atlantic Drilling Ltd. (NADL) Wednesday said its third-quarter profit increased with higher revenues, helped by revenue contribution from Russia and Norway. Further, its board decided to suspend the regular quarterly cash dividends, as it believed to be the responsible course of action. Net...

EE Ltd., the UK's largest mobile operator, said Wednesday that its joint shareholders, Deutsche Telekom AG (DTEGY.PK) and Orange SA (ORAN), are in exploratory talks about a sale of the company to fixed-line operator BT Group plc. (BT_A.L, BT). EE noted that Germany's Deutsche Telekom and French telecom...