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Deals of the day-Mergers and acquisitions

2016-02-03 18:04:32| Chemicals - Topix.net

** Yahoo Inc said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off. ** U.S. home improvement retailer Lowe's Cos Inc agreed to buy Canada's Rona Inc in a deal valued at C$3.2 billion , winning over Rona's board with a far higher offer than an unsolicited bid more than three years ago that was also opposed by politicians in Quebec.

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