Mergers and acquisitions

February 28, 2019 - 8:59 pm
LOS ANGELES (AP) — HBO's longtime chief executive is leaving the cable channel, less than a year after AT&T acquired HBO's parent company. In a memo to HBO staffers Thursday, Richard Plepler said it was the right time for him to leave. The memo was obtained by The Associated Press. During...
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FILE - In this June 13, 2018, file photo, the logos for Time Warner and AT&T appear above alternate trading posts on the floor of the New York Stock Exchange. A federal appeals court has blessed AT&T's takeover of Time Warner, Tuesday, Feb. 26, 2019, defeating the Trump administration by affirming that the $81 billion merger won't harm consumers or competition in the booming pay TV market. (AP Photo/Richard Drew, File)
February 26, 2019 - 5:20 pm
WASHINGTON (AP) — A federal appeals court on Tuesday cleared AT&T's takeover of Time Warner, rejecting the Trump administration's claims that the $81 billion deal will harm consumers and reduce competition in the TV industry. The ruling by the U.S. Court of Appeals in Washington came in the...
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February 25, 2019 - 8:39 am
NEW YORK (AP) — Barrick Gold will try to acquire Newmont Mining Corp. in an approximately $18 billion all-stock deal that would create a mining behemoth worth about $42 billion. Newmont, based in Colorado, has shunned the Canadian miner so far, and the latest brush between the fierce rivals is...
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February 23, 2019 - 3:26 pm
OMAHA, Neb. (AP) — Billionaire Warren Buffett says the company he built through decades of acquisitions continues to perform well even though he hasn't found any major deals at attractive prices recently. Buffett released his annual letter to Berkshire Hathaway Inc. shareholders on Saturday. He...
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February 14, 2019 - 2:50 pm
JERUSALEM (AP) — An Israeli software firm known for its phone-surveillance technology says it has been re-acquired by its founders. The NSO group announced Thursday that U.S.-based private equity firm Francisco Partners sold the company to its management. The company did not reveal terms of the...
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FILE - This April 30, 2018, file photo shows signage for a Sprint store in New York's Herald Square. The top executives of T-Mobile and Sprint are making the case to Congress that their proposed $26.5 billion merger wouldn't hurt competition and jack up the prices consumers pay for wireless service. (AP Photo/Bebeto Matthews, File)
February 13, 2019 - 11:39 am
WASHINGTON (AP) — Democratic lawmakers are challenging a pledge by T-Mobile and Sprint not to raise prices or hurt competition if their $26.5 billion merger goes through. Although T-Mobile says it won't raise prices for three years, Rep. Frank Pallone, D-N.J., chairman of the House Energy and...
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FILE - This April 30, 2018, file photo shows signage a T-Mobile store in New York. The top executives of T-Mobile and Sprint are making the case to Congress that their proposed $26.5 billion merger wouldn't hurt competition and jack up the prices consumers pay for wireless service. (AP Photo/Bebeto Matthews, File)
February 13, 2019 - 11:07 am
WASHINGTON (AP) — The Latest on T-Mobile-Sprint merger hearing (all times local): 11:05 a.m. Democratic lawmakers are challenging a pledge by T-Mobile and Sprint not to raise prices or hurt competition if their $26.5 billion merger goes through. The deal would combine the nation's third- and fourth...
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FILE - This Aug. 22, 2003 file photo shows the corporate headquarters of BB&T in Winston-Salem, N.C. Southern regional banks BB&T and SunTrust are combining in an all-stock deal valued at about $66 billion. The banks said Thursday, Feb. 7, 2019 that the combined company will be the sixth-largest U.S. bank based on assets and deposits. It will have approximately $442 billion in assets, $301 billion in loans and $324 billion in deposits serving more than 10 million households (David Rolfe/The Winston-Salem Journal via AP)
February 07, 2019 - 11:43 am
NEW YORK (AP) — Two Southern banks giants — BB&T and SunTrust — announced they would merge in a $66 billion deal, the first big bank merger since the chaos of the 2008 financial crisis. The combined company will create the sixth-largest bank in the country, putting BB&T and SunTrust in the...
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European Competition Commissioner Margrethe Vestager, left, talks to Trade Commissioner Cecilia Malmstrom prior the weekly College of Commissioners meeting at EU headquarters in Brussels, Wednesday, Feb. 6, 2019. European Union authorities on Wednesday rejected a massive rail merger deal between France's Alstom and Germany's Siemens in what the two nations had hoped would have created a global competitor to stand up to China. (AP Photo/Francisco Seco)
February 06, 2019 - 11:30 am
BRUSSELS (AP) — European Union authorities on Wednesday blocked a deal to create a rail giant that could compete with China, angering France and Germany so much that they vowed to change the way the EU oversees such mergers. The decision raised thorny questions of how to stand up to the growing...
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January 28, 2019 - 2:32 am
BERLIN (AP) — France's Alstom says that it and Germany's Siemens have offered new concessions in an effort to overcome European authorities' concerns about the planned merger of their train-building operations. A European Union decision on whether to allow the deal to go ahead is expected soon. The...
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