Burger King is going private for the second time in eight years. Being a private company may give time for the company to rejuvenate the brand, or the new investors can just borrow and not invest money into the company, like the last time.
The travel industry was hit hard by the recession. But rental car companies Hertz and Avis are putting up a fight for another rental company Dollar Thrifty.
Burger King has agreed to be acquired by the investment firm 3G Capital for a little over $3.5 billion. Steve West, vice president of Stifel Nicolaus, talks with Steve Chiotakis about why the fast food giant is so pumped to go private and how it could change the restaurant.
Comcast bought NBC Universal, which owns a chunk of online TV site Hulu, earlier this year. The deal has yet to be approved by the FTC, but cable companies are already strategizing how to incorporate online TV into their business plans.
Many companies are sitting on cash they hoarded during the recession. For some companies entertaining mergers, selling now may be a way to get the best price in case of a double-dip recession.
French pharmaceutical drug giant Sanofi-Aventis says it wants to buy the U.S. drug company Genzyme for more than $18 billion. The French are turning up the pressure for the deal, after the Americans rejected a smaller offer earlier this summer. Kyle James reports from Berlin.
U.S. chip maker Intel is buying a division of the German chip maker Infineon to bolster its wireless technology business in a deal worth $1.4 billion. That makes August a big month in mergers and acquisitions. Reporter Jeremy Hobson talks the details with Bill Radke.
Dell and Hewlett-Packard put in big bids for 3PAR, a data storage company. 3PAR's board is said to have accepted an offer from Dell. But are the world's two largest PC companies in a race to acquire a company or playing a billion-dollar game of chicken? Gregory Warner reports.
Just before Hewlett-Packard and Dell offered to buyout 3PAR, a data storage company, 3PAR's investors were deciding whether to sell the company or hold out for better future returns. Marketplace's Janet Babin looks into why 3PAR caught the eye of the two computer giants.
