Mergers and acquisitions

FILE - In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. Disney says its net income fell 39% in the latest quarter. Net income for the fiscal third quarter, which ended June 29, 2019, fell to $1.76 billion, from $2.92 billion last year. (AP Photo/Richard Drew, File)
August 06, 2019 - 7:59 pm
NEW YORK (AP) — Disney is feeling some pain from its biggest transformation in decades as its acquisition of Fox's entertainment businesses contributed to a 39% drop in earnings. CEO Bob Iger said one of the biggest issues affecting earnings was underperformance at the Fox movie and TV studio...
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FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York U.S. regulators are approving T-Mobile's $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts. (AP Photo/Bebeto Matthews, File)
July 26, 2019 - 5:09 pm
WASHINGTON (AP) — U.S. regulators have approved T-Mobile's $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts, in a deal that would leave just three major cellphone companies in the country. Friday's approval from the Justice Department and five state attorneys...
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July 19, 2019 - 6:25 am
BEIJING (AP) — China urged Washington on Friday to "correct" sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program. U.S. pressure on Iran and its "long-arm jurisdiction" against companies in third countries is the "root cause" of tension with...
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Kansas City Royals' Martin Maldonado hits a solo home run during the seventh inning of a baseball game against the Detroit Tigers at Kauffman Stadium in Kansas City, Mo., Friday, July 12, 2019. (AP Photo/Orlin Wagner)
July 16, 2019 - 2:30 am
CHICAGO (AP) — With their All-Star catcher sidelined, the Chicago Cubs quickly found some experienced help behind the plate. The NL Central leaders acquired Martín Maldonado in a trade with Kansas City on Monday night that sent left-hander Mike Montgomery to the Royals. Cubs president of baseball...
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FILE - This Dec. 5, 2014 file photo shows Elizabeth Gabler at the 2014 March of Dimes Celebration of Babies in Beverly Hills, Calif. Gabler, whose Fox 2000 produced acclaimed literary adaptations like “Life of Pi” and “Hidden Figures” before being axed in the aftermath of the Walt Disney Co. acquisition, has found a new home at Sony Pictures. Sony on Monday, July 15, 2019, announced a new production deal with the former Fox 2000 president and her entire Fox 2000 team. (Photo by Chris Pizzello/Invision/AP, File)
July 15, 2019 - 3:32 pm
NEW YORK (AP) — Elizabeth Gabler, whose Fox 2000 produced acclaimed literary adaptations like "Life of Pi" and "Hidden Figures" before being axed in the aftermath of the Walt Disney Co. acquisition, has found a new home at Sony Pictures. Sony on Monday announced a new production deal with the...
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A man walks past the Deutsche Bank sign in London, Monday, July, 8, 2019. Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022, saying it is going “back to our roots” with a radical restructuring plan meant to focus the company on traditional strengths.(AP Photo/Natasha Livingstone)
July 08, 2019 - 12:25 pm
BERLIN (AP) — The radical and painful restructuring of Germany's Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended. The bank plan unveiled Sunday aims to go "back to our roots" by...
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June 14, 2019 - 2:20 pm
SAN ANTONIO (AP) — An investment firm has purchased a majority stake in Whataburger as the Texas-based fast-food company seeks to expand in an increasingly competitive market. Whataburger announced Friday that the purchase by Chicago-based BDT Capital Partners should be finalized by the end of the...
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June 13, 2019 - 2:15 pm
AUSTIN, Texas (AP) — A Texas-based water park company has sold two of its attractions and given the buyer the right to acquire its Kansas site where a 10-year-old boy was killed nearly three years ago. Schlitterbahn on Thursday announced the $261 million agreement with Cedar Fair Entertainment to...
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June 10, 2019 - 5:19 pm
SAN FRANCISCO (AP) — Private equity firm Apollo Global Management Photo is buying online photo publishing company Shutterfly for $51 per share. Apollo will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and photobooks of their favorite shots. But...
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FILE - In this Nov. 1, 2018, file photo U.S. Air Force F-35 A-fighter jets from 31st Test Evaluation Squadron at Edwards AFB fly over Levi's Stadium before an NFL football game between the San Francisco 49ers and the Oakland Raiders in Santa Clara, Calif. Raytheon Co. and United Technologies Corp. are merging in a deal that creates one of the world's largest defense companies. The merger was announced Sunday, June 9, 2019. United Technologies makes engines for Lockheed Marti Corp.'s F-35 stealth fighter. (AP Photo/Ben Margot, File)
June 10, 2019 - 11:25 am
WALTHAM, Mass. (AP) — Raytheon and United Technologies will join to create a massive aerospace and defense company in a sector that is already rapidly consolidating. The combined company, which will count among its portfolio of weaponry the F-35 fighter jet engines, Patriot and Tomahawk missile...
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