http://www.livenation.com/ and http://www.ticketmaster.com/
If reported merger talks between Live Nation and Ticketmaster come to fruition, the new company could centralize power in the music industry and potentially drown out competition. Stacey Vanek-Smith reports.
Pfizer announced a deal this morning to buy Wyeth for more than $68 billion, which it will do with the help of bailed-out banks. What does this say about the lending health of these banks? Steve Henn reports.
Dubai investors who bought Barneys New York less than two years ago now want to put it up for sale. Sovereign wealth funds like Dubai's were once huge sources of cash for U.S. companies. But that's starting to change. Sam Eaton reports.
Reports out this morning say mega pharmaceutical company Pfizer is in talks to buy competitor Wyeth in a potential $60 billion deal. Pfizer may be considering the move because it's running out of options. Ashley Milne-Tyte reports.
Chrysler and Italian carmaker Fiat have announced a partnership, but Fiat won't be helping by injecting the Detroit automaker with cash. Steve Chiotakis talks to Ashley Milne-Tyte, who is following the story.
With Bank of America seeking more TARP money to ease acquisitions of smaller competitors, can we expect banks such as J.P. Morgan Chase and Wells Fargo to request more bailout funds as well? Mitchell Hartman reports.
Citigroup's deal to spin off brokerage firm Smith Barney seems to be the company's first step in selling off businesses and assets that are pulling down the financial services giant. And Citi's deconstruction could lead to more consolidation. Steven Henn reports.
Chrysler is under pressure to sell off assets after its $4 billion bailout loan from the U.S. government. The automaker is said to be in talks with Renault-Nissan, which Renault-Nissan denies. Stephen Beard reports.
On the heels of its brokerage merger announcement, Citigroup is also expected to sell off several financial services to counter a potential $10 billion loss. Jeremy Hobson reports what the bank might be shedding.
Citigroup is expected to announce a deal to merge its brokerage house, Smith Barney, with Morgan Stanley. Inside sources say a deal is likely by the middle of the week. Jeremy Hobson reports.
