Ed Hammond
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Past articles by Ed:
Musk completes US$44B Twitter deal, ending months of enmity
Elon Musk completed his US$44 billion acquisition of Twitter Inc., according to people familiar with the matter, putting the world’s richest man in charge of the struggling social network after six months of public and legal wrangling over the deal. → Read More
AT&T, Discovery merge media assets to create giant
AT&T Inc. is in talks to combine content assets with Discovery Inc., people with knowledge of the matter said. → Read More
Paper Excellence explores deal to take Domtar private
Canadian paper and packaging company Paper Excellence is exploring a deal to acquire U.S. rival Domtar Corp., according to people familiar with the matter. Domtar rose 21% in after-market trading. → Read More
Couche-Tard confirms Carrefour offer despite French hurdles
A Canadian convenience-store operator is daring to go where foreign buyers often fail, weighing a $20 billion bid for French retailer Carrefour SA. → Read More
Couche-Tard said to explore purchase of Carrefour
Alimentation Couche-Tard Inc., the Canadian convenience-store giant that owns the Circle K chain, is exploring a potential acquisition of French grocer Carrefour SA, people with knowledge of the matter said. → Read More
Lowe's is said to be in talks to acquire HD Supply
Home improvement retailer Lowe’s Cos. is in preliminary talks to buy building products distributor HD Supply Holdings Inc., according to people familiar with the matter. → Read More
PayPal in talks to buy crypto firms including BitGo
PayPal Holdings Inc. is exploring acquisitions of cryptocurrency companies including Bitcoin custodian BitGo Inc., according to people familiar with the matter, a move that would expand its embrace of digital coins. → Read More
Natural gas giant EQT to pursue takeover of CNX Resources
EQT Corp., the biggest producer of U.S. natural gas, is seeking to acquire rival CNX Resources Corp., according to people familiar with the matter, as M&A accelerates in the distressed shale patch. → Read More
Conoco said to be in talks to buy Concho Resources in big shale bet
ConocoPhillips is in talks to acquire rival Concho Resources Inc., according to people familiar with the matter, as one of America’s largest independent oil explorers looks to make a bold bet on shale during an historic industry downturn. → Read More
Illumina nears deal to buy health-care startup grail
Genetic sequencing giant Illumina Inc. is in talks to acquire cancer-detection startup Grail Inc., according to people familiar with the matter. → Read More
AstraZeneca said to approach Gilead about potential merger
The U.K.-based firm informally contacted Gilead last month to gauge its interest in a possible tie-up, the people said, asking not to be identified because the details are private. → Read More
Uber approaches Grubhub with takeover offer
Uber Technologies Inc. has made an offer to acquire food-delivery company Grubhub Inc., according to people familiar with the matter. → Read More
SoftBank plans to abandon WeWork investor deal
SoftBank Group Corp. scrapped an agreement to spend US$3 billion to buy WeWork stock from former Chief Executive Officer Adam Neumann and other shareholders, despite threats of legal action from some members of the company’s board. → Read More
Mondelez to buy Toronto-based maker of two-bite brownies for US$1.2 billion
Mondelez International Inc. said it’s buying the Canadian owner of the two-bite brownies brand from the private equity firm Thomas H. Lee Partners. → Read More
WSP said to approach engineering firm Aecom about deal
Canada’s WSP Global Inc. has approached rival engineering services firm Aecom about a possible deal, according to people familiar with the matter. → Read More
Tilray to post a profit in Canada in the 'next quarter or two': CEO
Tilray Inc. will be profitable in Canada in the “next quarter or two” and in Europe in the next two to three quarters, according to Chief Executive Officer Brendan Kennedy. → Read More
CBS to merge with Viacom in long-awaited US$11.7B deal
CBS Corp. and Viacom Inc. may be done keeping investors waiting. → Read More
Cronos near US$300-million deal for owner of Lord Jones
Cronos Group Inc., the first marijuana company to list on a U.S. exchange, has reached a deal to acquire CBD businesses from Redwood Holding Group LLC, including high-end brand Lord Jones, in a $300 million deal. → Read More
Top Tesla investor tries again to get Elon Musk to fine-tune strategy
For the third time in the past year, Tesla Inc.’s largest outside shareholder is openly advocating for Elon Musk to fine-tune his approach to communicating with the market. → Read More
SoftBank nears US$1B investment in Colombia's Rappi
SoftBank Group Corp. is close to making a $1 billion investment in Latin American delivery app Rappi, according to a person familiar with the matter. → Read More