Pitney Bowes Inc., a provider of postal meters and other equipment, rose the most in six months after agreeing to sell its management-services unit to Apollo Global Management LLC for about $400 million in cash.
Wayne Huizenga , who made multibillion dollar companies of Waste Management Inc. and AutoNation Inc., is back in the buy-and-build game. This time he is eyeing the $57 billion commercial cleaning business.
Walter Energy Inc.’s shareholders, who lost almost $2 billion in three months on management turmoil and disappointing earnings, may still be rewarded with a $4 billion windfall if the coal producer is acquired.
Sealed Air Corp. is poised to turn into a takeover target after its biggest acquisition in more than a decade wiped out a third of its market value and left the maker of Bubble Wrap trading at a 64 percent discount to sales.
Peabody Energy Corp. and Consol Energy Corp. operate the two coal mines that lead the U.S. in violations, with more than double the total of Massey Energy Co.’s operation where 29 people were killed this month.