Mergers and acquisitions

November 26, 2018 - 6:51 pm
NEW YORK (AP) — Industrial conglomerate United Technologies is planning to break itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company based in Farmington, Connecticut, scheduled a call with investors...
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A Black Friday shopper walks through Dolphin Mall on Friday, Nov. 23, 2018, in Miami. Retailers are offering much of their Black Friday deals online, but shoppers still showed up at malls and stores around the country looking for discounts, and to take in the scene. (AP Photo/Lynne Sladky)
November 24, 2018 - 4:10 pm
PROVIDENCE, R.I. (AP) — The physical rush of Black Friday and the armchair browsing of Cyber Monday are increasingly blending into one big holiday shopping event as more customers buy items online and pick them up at brick-and-mortar stores. Adobe Analytics reported Saturday that more customers are...
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In this Friday, April 20, 2018, photo, Nissan Chairman Carlos Ghosn speaks during an interview in Hong Kong. Ghosn, who became one of the auto industry's most powerful executives by engineering a turnaround at the Japanese manufacturer, was arrested Monday and will be fired for allegedly underreporting his income and misusing company funds, the automaker said. (AP Photo/Kin Cheung)
November 21, 2018 - 12:53 pm
TOKYO (AP) — The arrest of Nissan chairman Carlos Ghosn could extinguish any remaining hopes for a merger with key shareholder Renault, which the Japanese company's CEO has publicly opposed. Ghosn had this year said he was open to the idea of a merger between Nissan and Renault, where he is chief...
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FILE - In this July 7, 2017, file photo, Flipkart Group Chief Executive Officer and co-founder Binny Bansal poses during a photo call at the company's headquarters in Bangalore, India. Bansal, the co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, is stepping down following an allegation of serious personal misconduct. Walmart, which purchased a $16 billion controlling stake in Flipkart Group in May, said Tuesday, Nov. 13, 2018, that an independent investigation done on behalf of both companies did not find evidence corroborating the allegation against Bansal, but it did reveal lapses in judgment on his part. (AP Photo/Aijaz Rahi, File)
November 13, 2018 - 7:54 am
NEW YORK (AP) — The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, has stepped down as CEO following an allegation of serious personal misconduct. Walmart, which purchased a $16 billion controlling stake in Flipkart Group in May, the largest...
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November 09, 2018 - 5:12 am
BERLIN (AP) — Germany's antitrust authority has cleared the planned merger of the country's two main department store chains, ruling that it doesn't threaten competition at a time when online retail is rising. The Federal Cartel Office said Friday that the two companies exceed a combined 25 percent...
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FILE- In this Sept. 26, 2018, file photo visitors stand near a 5G logo at a display the PT Expo in Beijing. Telecommunications equipment maker CommScope Holding Co. is paying about $5.7 billion for Arris International Plc. as it prepares for the entrance of faster 5G service to the wireless market. (AP Photo/Mark Schiefelbein, File)
November 08, 2018 - 9:43 am
NEW YORK (AP) — Telecommunications equipment maker CommScope is paying $5.7 billion for Arris International as it prepares for the entrance of faster 5G service to the wireless market. Arris makes modems and boxes for the wireless industry, including cable operators. Equipment makers and...
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FILE - In this June 5, 2018, file photo, Education Secretary Betsy DeVos testifies during hearing on the FY19 budget on Capitol Hill in Washington. A little-known venture capitalist is on the verge of acquiring one of the country’s biggest for-profit colleges, a transaction that would put him in control of a troubled national chain vastly larger than the tiny California school he currently owns.(AP Photo/Carolyn Kaster, File)
October 01, 2018 - 1:40 pm
WASHINGTON (AP) — A little-known venture capitalist is on the verge of acquiring one of the biggest for-profit colleges in the country, a transaction that would put him in control of a troubled national chain that's more than 60 times the size of the tiny California school he currently owns. The...
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September 24, 2018 - 5:55 am
LONDON (AP) — Shares in Sky plc are up 8.8 percent after Comcast won a bidding war for the British pay TV giant in a weekend auction that pushed the value of the company to almost 30 billion pounds ($39 billion). The rare auction was organized by Britain's Takeover Panel after months of offers and...
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FILE - This Friday, July 25, 2014, file photo shows a view of the headquarters of the Italian Sky television broadcaster in Milan, Italy. British regulators say that the corporate battle between 21st Century Fox and Comcast to take over broadcaster Sky will be settled by auction, commencing at 5 p.m. on Sept. 21 and ending on the evening of Sept. 22, 2018. (AP Photo/Luca Bruno, File)
September 20, 2018 - 2:39 pm
LONDON (AP) — Comcast and 21st Century Fox will settle their battle for control of broadcaster Sky through a rare auction designed to put an end to months of offers and counteroffers from the American media empires seeking a foothold in the European pay TV market. The auction will begin after the...
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In this May 27, 2005 file photo, bottles of the soft drink Moxie are pictured in West Bath, Maine. Soft drink giant Coca-Cola said Tuesday, Aug. 28, 2018, it is acquiring Moxie, a beloved New England soda brand that is the official state beverage of Maine. (AP Photo/Pat Wellenbach, File)
August 28, 2018 - 1:58 pm
PORTLAND, Maine (AP) — Soft drink giant Coca-Cola announced on Tuesday it is acquiring Moxie, a long-lived and beloved New England soda brand that is the official state beverage of Maine. Moxie has been around since the 19th century and it's famous in New England for its unique flavor, which is the...
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