Let's take a look at some of the biggest M&A deals in the world.
Yahoo is in the process of auctioning off its search and advertising business.
The offer of $50 per share is a premium of 17.4 per cent to AOL's Monday close.
In another example of the growing focus on security in the telecom sector, the Foreign Investment Promotion Board has asked whether US-based Verizon Wireless operates in Pakistan, while deferring its proposal for transfer of equity shares.
Verizon Communications, the second-largest US telecommunications group, is to expand its global communications network to provide its multinational corporate customers in fast-growing markets like China and India with additional services. The decision comes as US telecommunications groups including AT&T increasingly look outside their domestic market for revenue growth from higher value added services.
United Airlines, the world's second-largest carrier, received regulatory approval to install wireless Internet access to its fleet in a partnership with Verizon Communications Inc.
Verizon Communications is applying for a long-distance operating license in India that will allow it to compete more fiercely in the region with AT&T and other telecom firms offering phone and Internet services to multinational companies.
The FIPB, headed by Finance Secretary Arvind Mayaram, at its meeting on Tuesday considered 35 proposals.
The deal will end months of uncertainty about Yahoo's future.
Seven of the 30 largest U.S. corporations paid more money to their chief executive officers last year than they paid in U.S. federal income taxes, according to a study released on Tuesday that was disputed by at least one of the companies.
Buffett had said in a CNBC interviewthat Yahoo's business had deteriorated significantly and that "something has to change there."
The move to sell the jewel in Vodafone's crown closes a heady expansionist chapter for one of Britain's most famous companies
Arora was hired in July to run a newly created unit called SoftBank Internet and Media Inc.
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.