Mergers and acquisitions

People are cutting back on a lot of things in this downturn, but not on pet needs. That may be one reason why meat producer Tyson Foods is partnering with Freshpet to enter the pet food business. Caitlan Carroll reports.

Swiss drug maker Roche is acquiring U.S. biotech giant Genentech in a $47 billion deal. Sam Eaton reports on the latest example of a pharmaceutical company buying out a competitor to boost its product line.

Drug makers Merck and Schering-Plough will join forces under Merck's name in a deal worth $41 billion in cash and stock. Steve Chiotakis talks to Ashley Milne-Tyte about how both companies stand to benefit from the deal.

Pfizer announced a deal this morning to buy Wyeth for more than $68 billion, which it will do with the help of bailed-out banks. What does this say about the lending health of these banks? Steve Henn reports.

Dubai investors who bought Barneys New York less than two years ago now want to put it up for sale. Sovereign wealth funds like Dubai's were once huge sources of cash for U.S. companies. But that's starting to change. Sam Eaton reports.

Reports out this morning say mega pharmaceutical company Pfizer is in talks to buy competitor Wyeth in a potential $60 billion deal. Pfizer may be considering the move because it's running out of options. Ashley Milne-Tyte reports.

Chrysler and Italian carmaker Fiat have announced a partnership, but Fiat won't be helping by injecting the Detroit automaker with cash. Steve Chiotakis talks to Ashley Milne-Tyte, who is following the story.

With Bank of America seeking more TARP money to ease acquisitions of smaller competitors, can we expect banks such as J.P. Morgan Chase and Wells Fargo to request more bailout funds as well? Mitchell Hartman reports.

Citigroup's deal to spin off brokerage firm Smith Barney seems to be the company's first step in selling off businesses and assets that are pulling down the financial services giant. And Citi's deconstruction could lead to more consolidation. Steven Henn reports.