CVS to take over Target’s pharmacies in acquisition deal

Retail pharmacy chain CVS announced its acquisition of Target’s pharmacy department for $1.9 billion, The Washington Post revealed on June 15. The deal will result in the rebrand…

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NXP and Freescale unite in $40 billion merger

Two global semiconductor companies have entered a multi-billion dollar buyout that is expected to reshape the world’s tech industry, KVUE reported on Monday, March 2. Dutch company NXP Semiconductors acquired Austin-based Freescale Semico…

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FTC approves clearance of Medtornic’s acquisition of Covidien

The U.S. Federal Trade Commission (FTC) has announced its regulatory clearance of Medtronic’s $43 billion acquisition of Irish medical-supply company Covidien on November 26, but u…

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AbbVie aborts its plan to acquire Shire

U.S. drug company AbbVie is aborting its plan to acquire Irish pharmaceutical company Shire for $55 billion due to the U.S. Department of Treasury’s regulatory changes aimed at lim…

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Encana plans to buy Athlon

Major oil and gas player Encana Corp. plans to acquire Texas-based shale-oil producer Athlon Energy, giving the corporation access to oil and natural gas-rich Permian Basin, according to a Calgary Herald article. The $7.1 billion dollar

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Medtronic announces its plan to buy Covidien

U.S. medical giant Medtronic has announced its plan to buy Ireland’s Covidien in a deal worth $42 billion in cash and stock, BBC News reported on June 16. According to the report, part of the

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Apple to acquire Beats for $3 billion

Apple Inc. has announced its plan to purchase American headphone producer Beats Electronics and online music streaming service provider Beats Music in a multi-billion dollar acquisition deal, according to a…

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Written by James H. Arenson

Last Updated : July 8, 2015