Skadden, Arps, Slate, Meagher & Flom LLP advised Spectra Energy Corp., the fourth-largest U.S. pipeline company, on the agreement to buy its first oil system from Kinder Morgan Energy Partners LP and two other owners for $1.25 billion in cash.
Barely 400 days into a tenure that began with his squeaking into office with 49 percent of the vote, New Jersey Governor Chris Christie is emboldening other Republican chief executives to challenge the compact between governments and their workers.
Ashland Inc., which soared to a record this month after activist Jana Partners LLC disclosed a stake in the company, stands to boost the lowest valuation in the specialty-chemicals industry by breaking itself up.
Burberry Group Plc is seeking a corporate broker to replace current advisers Bank of America Merrill Lynch and Morgan Stanley, the Sunday Times reported. The London-based newspaper didn’t say how it obtained the information.
Brian McBride, a former chief executive officer of Amazon.com Inc.’s U.K. unit, will join Scottish Equity Partners Ltd. as a venture partner, The Sunday Times reported, without saying how it obtained the information.