Comcast No Longer Reviewing Deal for 21st Century Fox Assets

Comcast Corp. said it is no longer pursuing a deal to acquire several key media and entertainment assets from 21st Century Fox.

 
Atos Offering $5 Billion for Gemalto

French IT services firm Atos SA is making an unsolicited bid to buy smart-card maker Gemalto NV, part of a broader wave of deals in the payment space as rivals join forces to cut costs.

 
Apple Acquires Shazam and Its Song-Recognition App

Apple has acquired Shazam Entertainment, giving it one of the popular song-recognition apps at a time the iPhone maker is looking to boost its music-subscription service.

 
Icahn to Launch New Board Fight With Xerox

Activist investor Carl Icahn plans to launch a new board fight with Xerox in an attempt to change management of the company, his second offensive against the copy-machine maker in a roughly two-year span.

 
3M Sells Optical Fiber Business to Corning for $900 Million

Corning agreed to buy almost all of 3M's optical fiber and copper cable business for $900 million.

 
Samsung Heavy Industries Replaces CEO After Warning of Losses

Samsung Heavy Industries, the world's third-largest shipyard by capacity, replaced its chief executive after warning of heavy losses that wiped away nearly a third of its market value.

 
Iron Mountain to Acquire IO Data Centers' U.S. Operations for $1.32 Billion

Records-storage company Iron Mountain Inc. will acquire the U.S. operations of private equity-backed data-center manager IO Data Centers LLC for about $1.32 billion.

 
Mattel Warns of Weak Holiday Quarter, Two Weeks Before Christmas

Mattel warned of another gloomy holiday season as key brands continue to struggle and toy retailers tighten the amount of inventory they are willing to buy upfront.

 
Despite Mergers, Hospitals Are in Serious Condition

American hospitals have a target on their backs. The latest merger talk is an attempt to rally their strength, but industry payers' battle against high health-care costs shows no sign of letting up.

 
App Maker Halts Initial Coin Offering After SEC Investigation

The Securities and Exchange Commission intervened to halt a $15 million initial coin offering that would have evaded laws for how securities must be sold. The case is the first in which the SEC has taken action against an ICO without making fraud claims.

(END) Dow Jones Newswires

December 11, 2017 23:15 ET (04:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.