Mergers and acquisitions

Steve Chiotakis speaks to Brad Adgate of Horizon Media about the 10-year deal between cable giant Comcast and CBS.

An E.U. decision means British Airways and American Airlines will function as one on their trans-Atlantic routes.

The ever-smoking jacketed Hugh Hefner wants to take Playboy Enterprises, Inc. private, in hopes to better navigate the company through a dicey publishing industry and increase its merchandising, without worrying about shareholders.

Prudential executives are meeting with AIG shareholders today to explain why the company backed out of a deal for which it already paid over $600 million.

AIG rejects Prudential's $30 billion counter-offer for AIA and ultimately postpones paying back U.S. taxpayers $132 billion.

Continental and United CEOs are testifying before the Senate committee on the merger between Continental and United.

Home health and hospice provider Gentiva plans to acquire Odyssey. That merger would create one of the largest hospice companies in the U.S. Gregory Warner reports.

General Motors is in talks to merge Google's smartphone operating system with its OnStar network. The new technology would allow drivers to use their phones to start the engine or keep up with maintenance. Janet Babin reports.

Avis has joined Hertz in the race to buy Dollar Thrifty. The rental car industry is anticipating a better travel market this summer, and Thrifty would provide an in to the tourist sector. Alisa Roth reports.

The merger of the two carriers will create the world's largest airline in a deal worth over $3 billion. Brett Neely reports.