Another merger Monday is good news for some of Wall Street's biggest investment banks.
Hunting and fishing retailer Bass Pro Shops announced it was buying competitor Cabela's for $5.5 billion. In the asset management world, Janus Capital and London-based Henderson Group announced a merger valuing the combined firm at $6 billion.
While the deals are good news for the firms involved, Wall Street is also making a killing off the mergers.
Royal Bank of Canada said Monday that it had agreed to buy BlueBay Asset Management, an investment manager based in London, in a deal that values BlueBay at £963 million, or $1.53 billion.
The troubles aren't over for Deutsche Bank, despite a slightly optimistic media report on Friday. The German bank has been facing several issues. US authorities are demanding a fine of up to $14 billion for mis-selling mortgage-back...
It seems like it's been years since rumors began to swirl about a possible merger between the two giants in the outdoor retail game: Cabela's and Bass Prop Shops. Today, those rumors culminated in a real deal. Bass Pro Shops will ac...
Bass Pro Shops has reached a deal to acquire outdoors retail competitor Cabela's in a deal valued at $5.5 billion the companies said in a statement Monday.