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Mergers & Acquisitions


Standard Life Aberdeen Plans to Cut 800 Jobs After Merger

The new company reiterated that it expects annual cost savings of about $258.6 million by the end of the third year following the merger.

Media Stock Rally Is Headline News Under Trump

The S&P 500 Media Index has surged 17% since Nov. 8, while short interest on an ETF tracking the stocks sits at the lowest in more than a year.

After Long Struggle, Lebenthal Sells Stake to South Street Securities

The firm sold 100% of ownership interests in its asset management and family office units.

Standard Life's Deal to Buy Aberdeen Would Create $809B Giant

The insurer pays $4.7 billion, aiming to cut costs, improve earnings and attract new clients.

Tech Deals Are Key for 2017, Managers Say

A surge in M&A is expected as a result of President Trump’s plan to cut taxes on companies’ offshore earnings from the current 35% to 10%, experts say.