| | RWE sees no reason to sell Innogy stake at the moment | | DUESSELDORF, Germany (Reuters) - RWE is under no pressure to sell stakes in its networks, retail and renewables unit Innogy , Chief Executive Rolf Martin Schmitz said, but added it could make sense to diversify its financial portfolio in the long-term. |
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| | Anthem argues for 60 days to save merger with balky Cigna | | WILMINGTON, Del./WASHINGTON (Reuters) - Health insurer Anthem Inc asked a Delaware judge on Monday to give it more time to try to win approval for a merger with rival Cigna Corp , which is seeking to end the deal and collect a $1.85 billion break-up fee. |
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| | With eye on millennials, Coach buys Kate Spade | | (Reuters) - Handbag maker Coach Inc said it would buy Kate Spade & Co for $2.4 billion as it looks to tap the popularity of its smaller rival's quirky satchels and totes among millennials. |
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| | Sinclair Broadcast to buy Tribune Media for about $3.9 billion | | (Reuters) - Sinclair Broadcast Group Inc said on Monday it would buy Tribune Media Co , one of the largest U.S. television station operators, for about $3.9 billion, giving Sinclair a greater foothold in big broadcast markets like New York and Chicago. |
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| | Verizon does not feel pressure to do big deal: CEO | | NEW YORK (Reuters) - Verizon Communications Inc does not see an urgent need to undertake a big strategic merger or acquisition, its chief executive said on Monday, as some Wall Street analysts have urged the wireless company to do. |
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