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RXi Pharmaceuticals Corp. (RXII) a clinical-stage company developing a new class of RNAi-based therapeutics, announced positive results with its lead clinical compound RXI-109 for dermal scarring in a Phase 2 clinical trial. RXI-109-1402 is an open-label, multi-center, prospective, within-subject...

Pinnacle Entertainment, Inc. (PNK) Monday announced that Penn National Gaming, Inc. (PENN) will acquire Pinnacle in a cash and stock transaction valued at approximately $2.8 billion. The deal is anticipated to be immediately accretive to free cash flow in the first year. The companies expect the transaction...

Sanofi Genzyme, the specialty care global business unit of Sanofi (SNYNF, SNY), and RNAi therapeutics company Alnylam Pharmaceuticals, Inc. (ALNY) announced Monday the submission of a Marketing Authorization Application or MAA to the European Medicines Agency or EMA for patisiran for the treatment of...

Bristol-Myers Squibb Co. (BMY) said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency has recommended the approval of Yervoy, or ipilimumab, for pediatric patients 12 years of age and older who have unresectable or metastatic melanoma. The CHMP recommendation...

Hershey Co. (HSY) said that it agreed to buy Amplify Snack Brands Inc. (BETR) for $12.00 per share in cash. The agreement has been approved by the Boards of Directors of both companies. Affiliates of TA Associates, Amplify's largest stockholder, and key Amplify insiders, who collectively represent...

Colgate-Palmolive Co. (CL) said it has agreed to purchase PCA Skin and EltaMD, two brands in professional skin care, in two separate transactions. The terms of the deals were not disclosed. Both transactions are currently expected by the company to close in the first quarter of 2018. The transactions...

First Quantum Minerals Ltd. (FM.TO) announced Monday that it has entered into a framework agreement with Northern Dynasty Minerals Ltd. (NAK, NDM.TO). Under the deal, an affiliate of First Quantum will subsequently execute an option agreement with Northern Dynasty. The option will entitle First Quantum...

Ares Management L.P. (ARES) said Monday that it has made several executive appointments, effective January 1, 2018. Co-Founder and President Michael J Arougheti has also been named Chief Executive Officer of the company. Co-Founder, Chief Executive Officer, and Chairman Tony Ressler will continue as...

AES Corp. (AES), a power company, announced Monday that it has entered into an agreement to sell its entire 51% equity interest in Masin-AES Pte. Ltd. to SMC Global Power Holdings Corp. for $1.05 billion. SMC Global Power is also purchasing the remaining 49% equity interest in the same assets, held...

Bombardier Transportation, part of Bombardier Inc. (BBD_B.TO, BBD_A.TO), announced Monday its Chinese joint venture has won its first Monorail contract in China. The total contract is valued at approximately 1.785 billion Chinese yuan or 229 million euros or $270 million. The company noted that the...

German apartment owner Vonovia SE (DAIMF) Monday said it has signed a Business Combination Agreement with BUWOG AG. Under the deal, Vonovia intends to make a voluntary public takeover offer to all BUWOG shares of 29.05 euros in cash per BUWOG share. This cash offer, which is expected to be published...

CBRE Group, Inc. (CBG), a commercial real estate services and investment firm, announced Monday that it has acquired Geico Lender S.p.A, a building technical engineering services provider in Italy. Geico Lender provides a broad range of services focused on the maintenance and installation of HVAC,...

British drug major AstraZeneca Plc (AZN,AZN.L) announced Monday that the US Food and Drug Administration has accepted a supplemental New Drug Application or sNDA for the use of Tagrisso (osimertinib) in 1st-line EGFR-mutated non-small cell lung cancer. Tagrisso is a third-generation, irreversible...

easyJet (ESYJY.PK, EZJ.L) confirmed Monday that it has acquired part of Air Berlin's (AIBEF.PK) operations at Berlin Tegel Airport. The acquisition will result in easyJet operating 25 aircraft from Berlin Tegel Airport. The agreement includes easyJet leasing former Air Berlin aircraft, taking over other...

Hershey Co. (HSY) is nearing a $1.6 billion deal to buy Amplify Snack Brands Inc., CNBC reported citing people familiar with the matter. The deal values Amplify at $12 per share, CNBC said, compared with Friday's closing price of $7 a share. Amplify, based in Austin, Texas, has a market cap of $537...

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