Reverse Morris Trust

According to a report by Bloomberg, Yahoo! Inc. (NASDAQ: YHOO) is likely talking with just three players to sell its Internet assets. Bloomberg, citing "people familiar with the matter," stated that Verizon Communications Inc. (NYSE: VZ) is battling with the private equity firm TPG and the digital...

Coty Inc. (NYSE: COTY) announced on Thursday the signing of a definitive agreement to merge Procter & Gamble Co (NYSE: PG)'s fine fragrance, color cosmetics, and hair color business into Coty through a tax-free Reverse Morris Trust transaction. Media reports in June suggested that Coty has been...

Recent reports from various outlets suggest that Coty Inc (NYSE: COTY) has won the auction to buy Procter & Gamble Co (NYSE: PG)'s beauty products unit for $12 billion. Following this news, shares of Coty opened higher Tuesday and continue to trade up with gains of over 19 percent at the time...