Tom Gayner’s Firm Buys Brookfield Asset Management, Dumps Texas Pacific Land

Summary The guru invested in Brookfield Asset Management following its spinoff. He added to the Lockheed MartinLMT and Activision BlizzardATVI positions, while trimming the Regeneron holding. Gayner s...

Intel Scores $30 Billion Deal With Brookfield to Fund Chip Factories

Text size Intel’s deal with Brookfield will give it majority ownership of two new chip factories. Courtesy Intel Corporation Intel is turning to financial engineering to fund its chip-making amb...

Kohl’s Stock Is Rising. Another Bidder May Have Emerged.

Text size A Kohl’s store Justin Sullivan/Getty Images Are two department stores better than one? The owners of JCPenney may think so, if reports that they are the latest potential suitors for Ko...

Billionaire Mike Cannon-Brookes, Brookfield Walk Away From AGL Bid As Sweetened Offer Rejected

Mike Cannon-Brookes attends the annual Allen & Company Sun Valley Conference on July 11, 2019 in Sun … [+] Valley, Idaho. Drew Angerer/Getty Images Tech billionaire Mike Cannon-Brookes’ Grok...