Monday's trading session is most certainly one of the busiest in recent memory following a plethora of large M&A deals.
Time Warner's stock is actually trading lower on the day amid regulatory concerns — not just in the United States, as the deal would give AT&T control over media content and the delivery system.
As noted by
Rockwell Collins–B/E Aerospace
Rockwell Collins, Inc.
The company also expects the deal to generate a run-rate pre-tax cost synergy of around $160 million and also be accretive to its earnings per share at a double-digit rate.
Since the deal involves a combination of cash and equity, B/E Aerospace shareholders will own approximately 20 percent of the combined company.
China-based HNA Group announced that it bought a 25 percent equity stake in Hilton Worldwide Holdings Inc
HNA Group will appoint two directors to Hilton's board of directors, and Blackstone will continue its representation on the board — even though its stake in the hotel empire has been reduced to approximately 21 percent.
Hilton's president and CEO Christopher Nassetta
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