A $7 billion deal between Citigroup Inc. and the Justice Department expected to be unveiled Monday nearly fell apart one day last month.
LONDON - The Irish drug maker Shire said on Monday that its board of directors was prepared to recommend an improved takeover bid that it received over the weekend from AbbVie, pending further discussions, paving the way for a merger.
The dollar was a tad higher against the yen on Monday in Asia, with investors sitting on the sidelines ahead of key events such as Federal Reserve chief Janet Yellen's congressional testimony on monetary policy and the economy.
Mario Draghi will testify before the Committee on Economic and Monetary Affairs and might provide some commentary on stimulus measures.
Lindt & Spr�ngli has agreed to buy its US rival Russell Stover in a deal that will significantly bolster the Swiss chocolate maker's presence in the fast-growing American market.