SAN FRANCISCO (Reuters) - Facebook Inc closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months.
(Reuters) - Hewlett-Packard Co said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations, and eliminate another 5,000 jobs as part of its turnaround plan.
LONDON (Reuters) - A lawyer seconded to the Libyan Investment Authority, which is suing Goldman Sachs over $1 billion of trades that ended up worthless, was "shocked" by the bank's "inappropriate" relationship with the fund, according to court filings.
LONDON/PARIS (Reuters) - Walt Disney Co has come to the rescue of its loss-making subsidiary Euro Disney with a 1 billion-euro ($1.3 billion) funding deal announced on Monday, which could give the U.S. group total control over Europe's biggest tourist attraction.
WASHINGTON (Reuters) - Former Treasury Secretary Henry "Hank" Paulson told a packed courtroom on Monday that AIG shareholders were singled out for punishment as part of the U.S. government's attempt to contain the contagion of the 2008 financial crisis.
ZURICH/PARIS (Reuters) - UBS's French arm is planning to restructure its asset management business and is in consultation with unions over possible layoffs, as the Swiss bank continues to sharpen its focus on private banking.
(Reuters) - Apollo Global Management LLC and Riverstone Holdings LLC are preparing Talos Energy LLC for an initial public offering that could value the oil and gas company at over $2 billion, including debt, according to people familiar with the matter.
NEW YORK (Reuters) - Bill Gross, who recently left Pimco where he managed the world's largest bond fund, said in no uncertain terms that he expects to be a winner in running a relatively small fund in his new role at Janus Capital Group , and expects to take a hands-on role on the investment side, InvestmentNews reported Monday.