Mergers and acquisitions

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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FILE - In this Feb. 26, 1997 file photo, Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. Saudi Arabia said on Thursday, Aug. 23, 2018 that it "remains committed" to an initial public offering of the state-run oil behemoth Saudi Aramco despite delays and growing speculation it may never be listed. (AP Photo/John Moore, File)
August 23, 2018 - 2:59 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia said on Thursday it "remains committed" to an initial public offering of the state-run oil behemoth Saudi Aramco, despite delays and growing speculation it may never be listed. The IPO of the Saudi Arabian Oil Co. remains a major plank of 32-year-old...
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August 16, 2018 - 2:17 pm
WASHINGTON (AP) — The chairman of the Federal Communications Commission, an independent agency, says a White House official called to talk about a proposed merger between Sinclair Broadcast Group Inc. and Tribune Media Co. Ajit Pai told a Senate panel Thursday that Don McGahn, the White House...
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August 10, 2018 - 7:16 pm
PHILADELPHIA (AP) — The NL East-leading Philadelphia Phillies have acquired first baseman Justin Bour and cash from the Miami Marlins for a minor league pitcher. Bour is batting .227 with 19 homers and 54 RBIs. He's expected to be a pinch-hitter in Philadelphia, where Carlos Santana is the starting...
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The logo for Rite Aid is displayed above a trading post on the floor of the New York Stock Exchange, Thursday, Aug. 9, 2018. Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote.(AP Photo/Richard Drew)
August 09, 2018 - 5:55 pm
Rite Aid shares plunged Thursday as the company headed into an uncertain future after calling off its merger with the grocer Albertsons. Analysts and retail insiders questioned the drugstore chain's prospects after it ended a planned takeover by Albertsons before Rite Aid shareholders could vote on...
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