Red Hat soar on IBM deal

Shares of Red Hat skyrocketed at the opening bell Monday after IBM, in the biggest acquisition of its 100-year history, acquired the software company.

Walmart to sell UK unit as it seeks growth in online sales

Walmart has agreed to sell its British unit, Asda, to local rival Sainsbury's in a 7.3 billion pound ($10.1 billion) deal as the U.S. giant focuses on online sales in countries with higher growth and less intense competition.

QVC parent buying HSN as shopping shifts online

QVC's parent company is taking control of the Home Shopping Network for about $2.6 billion in stock to create what they say will be the third-largest e-commerce company in the United States.

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