Deals Headlines

Creditors back CBS's bid for Australia's Ten Network

Creditors of Australia's embattled Ten Network Holdings Ltd on Tuesday agreed to a A$209.7 million ($167 million) buyout from CBS Corp, effectively ending a battle for control between the U.S. broadcasting giant and Lachlan Murdoch.

Northrop Grumman to buy missile maker Orbital for $7.8 billion

U.S. defence contractor Northrop Grumman Corp said on Monday it would buy Orbital ATK Inc for about $7.8 billion in a deal that gives it greater access to lucrative government contracts and expands its arsenal of missile defence systems and space rockets.