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The Wall Street Journal: Computer Sciences spins off into 2 separate companies
2015-11-30 16:50:24| IT Services - Topix.net
Computer Sciences Corp. begins trading as two separate companies Monday after the spinoff of its public-sector company as CSRA Inc. said in May that it would separate its faster-growing government business from its commercial operations. The company had been under pressure from activist investor Jana Partners LLC, which had talked to CSC about strategic alternatives.
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The Wall Street Journal: Constellation Brands to buy craft beer maker for $1 billion
2015-11-16 17:16:52| Beverages - Topix.net
Constellation Brands Inc. agreed to acquire Ballast Point Brewing & Spirits for roughly $1 billion, adding a craft beer maker to the alcoholic-beverage company's beer business. became one of the largest U.S. beer distributors in 2013 with its acquisition of U.S. distribution rights for top import Corona, several other Mexican beers plus a Mexican brewery for $5.3 billion from Belgium's Anheuser-Busch InBev NV That deal stemmed from AB InBev's larger $20.1 billion takeover of Mexico's Grupo Modelo SAB, in which AB InBev had to divest itself of the assets to win U.S. regulatory approval.
The Wall Street Journal: United Technologies sets $6 billion accelerated buyback
2015-11-13 08:14:32| Industrial Machines - Topix.net
United Technologies Corp. has entered into accelerated share-buyback agreements with two banks to repurchase $6 billion of the company's common stock, according to a Securities and Exchange Commission filing Thursday. The maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment said Deutsche Bank AG and J.P. Morgan Chase & Co.
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The Wall Street Journal: United Technologies sets $6 billion accelerated buyback
2015-11-12 14:39:59| Paper - Topix.net
United Technologies Corp. has entered into accelerated share-buyback agreements with two banks to repurchase $6 billion of the company's common stock, according to a Securities and Exchange Commission filing Thursday. The maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment said Deutsche Bank AG and J.P. Morgan Chase & Co.
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wall
The Wall Street Journal: Safeway looks to sever ties with Theranos after $350 million spend
2015-11-11 12:15:58| Grocery - Topix.net
Safeway Inc. spent about $350 million to build clinics in more than 800 of its supermarkets to offer blood tests by startup Theranos Inc. But the tests never began, the clinics are now used largely for flu shots and travel-related vaccines, and the two companies have been negotiating to officially dissolve their partnership, according to people familiar with the matter. Current and former Safeway executives said Theranos missed deadlines for the blood-testing rollout.
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