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Johnson & Johnson (JNJ) and Bayer (BAYZF.PK) on Monday said they have agreed to settle more than 25,000 U.S. lawsuits involving their blockbuster blood thinner Xarelto for a total of $775 million. The settlement will be split evenly between the two companies. The agreement resolves all pending state...

Video conferencing unicorn Zoom Video Communications, Inc. has filed for an initial public offering of its common stock. In a filing with the U.S. Securities and Exchange Commission on Friday, Zoom said it plans to raise $100 million in the offering. However, that number could be a placeholder amount...

viacom-att-032519.jpg Viacom Inc. and AT&T Inc. said Monday they have reached a new carriage deal, averting a programming blackout that would have left AT&T's more than 24 million pay-TV customers without Viacom channels such as MTV, Comedy Central, Paramount and Nickelodeon. The renewed agreement will keep these Viacom channels on AT&T's DirectTV and U-verse pay TV services.

Archer Daniels Midland Co. (ADM) said it expects severe weather disruptions to have a negative pre-tax operating profit impact to the company of $50 million to $60 million for the first quarter. That impact will be roughly equal between Carbohydrate Solutions and Origination, with some minor impacts...

Emera Inc. (EMA.TO) agreed to sell to ENMAX Corp its interest in Emera Maine, its regulated electric transmission and distribution company in Maine, for a purchase price of US$959 million or C$1.286 billion. Including the assumed debt, aggregate enterprise value is forecasted to be approximately $1.3...

Curis, Inc. (CRIS) announced that it has entered into an agreement with funds managed by Oberland Capital Management, LLC for up to $135.7 million in exchange for selling rights to a portion of royalty revenues on worldwide net sales of Erivedge. Curis received $65.0 million in an upfront cash payment,...

Tronox Limited (TROX), a mining and inorganic chemicals company, confirmed Monday that the Federal Trade Commission has withdrawn the company's proposed acquisition of the titanium dioxide or TiO2 business of The National Titanium Dioxide Co. Limited or Cristal from adjudication fin order to consider...

Responding to Allergan plc's (AGN) March 22, 2019 proxy filing and intention to install an independent Chairman at the next "CEO transition", Appaloosa LP said Monday that Allergan has done everything except what needs to be done to fix the Company. Unless the Board intends to make a Chief Executive...

Goldcorp Inc. (GG, GG.TO) announced Monday that Newmont Mining Corp. (NEM) has been granted clearance by the Comisión Federal de Competencia Económica (COFECE) with respect to its pending acquisition of Goldcorp, as previously announced on January 14, 2019. Newmont could complete the acquisition of Goldcorp...

Innergex Renewable Energy Inc. (INE.TO) said Monday that it has reached an agreement to sell its wholly-owned subsidiary Magma Energy Sweden A.B. which owns an equity interest of about 53.9 percent in HS Orka hf, for a purchase price of US$304.8 million, or C$408.8 million, to a Macquarie Infrastructure...

Bristol-Myers Squibb Company (BMY) announced its Board sent an open letter to the company's shareholders regarding the definitive merger agreement with Celgene Corp. (CELG). The Board firmly believes that the Celgene acquisition is the right transaction at the right time for the company's shareholders....

Cousins Properties (CUZ) and TIER REIT, Inc. (TIER) announced Monday that they have entered into a definitive merger agreement to combine in a 100 percent stock-for-stock transaction. The transaction will create a Class A office REIT with a combined portfolio of over 21 million square feet located across...

Zimmer Biomet Holdings, Inc. (ZBH) announced U.S. FDA 510(k) clearance of the ROSA ONE Spine System for robotically assisted minimally invasive and complex spine surgeries. The company said its ROSA ONE Spine combines robotics and navigation, and the platform features 3D intraoperative planning software. Aure...

TransAlta Corp. (TAC, TA.TO) announced Monday an investment by Brookfield Renewable Partners and its institutional partners that crystalizes the value of its Hydro Assets, enhances its financial position to execute its strategy, and accelerates the opportunity to return capital to shareholders. This...

Heidelberger Druckmaschinen AG (HBGRF.PK) announced its cash capital increase took place on March 22, 2019, with Masterwork Group Co., Ltd. as a further strategic anchor investor. Based on the agreed issue price of 2.68 euros per share, this represents an inflow of capital amounting to some 69 million...

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