Mergers and acquisitions

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 - 3:36 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...
Read More
November 18, 2018 - 8:33 pm
CANBERRA, Australia (AP) — Shareholders on Monday gave final approval to the merger of television network Nine Entertainment and newspaper publisher Fairfax Media into an Australian media giant to be known only as Nine despite one shareholder's late bid to stop the deal. Antony Catalano, a former...
Read More
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...
Read More
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...
Read More
November 03, 2018 - 10:28 am
COLUMBIA, S.C. (AP) — An Alabama-based law firm is acquiring a South Carolina-based firm. Burr & Forman of Birmingham said Thursday that it's acquiring McNair Law Firm of Columbia. The merger takes effect Jan. 1. With the 84 McNair attorneys, Burr & Forman says it will have 360 lawyers...
Read More
FILE - In this April 26, 2017, file photo, the IBM logo is displayed on the IBM building in Midtown Manhattan, in New York. IBM announced Sunday, Oct. 28, 2018, it will acquire North Carolina-based open-source software company Red Hat in a $34 billion stock deal that the technology and consulting giant's chief executive says will advance the company to the next step in cloud computing. (AP Photo/Mary Altaffer, File)
October 28, 2018 - 6:49 pm
RALEIGH, N.C. (AP) — IBM announced Sunday it will acquire North Carolina-based open-source software company Red Hat in a $34 billion stock deal that the technology and consulting giant's chief executive says will advance the company to the next step in cloud computing. IBM and Raleigh-based Red Hat...
Read More
October 08, 2018 - 4:22 am
LONDON (AP) — A leading adviser on international corporate deals says executives are cooling to the idea of mergers and acquisitions in the face of rising trade tensions. In its half-yearly assessment of the mergers and acquisitions scene published Monday, EY says only 46 percent of executives...
Read More
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...
Read More
September 25, 2018 - 10:00 am
ATLANTA (AP) — Arby's owner Inspire Brands is buying the Sonic drive-in hamburger chain. Inspire is paying $43.50 per share cash, or $2.3 billion, for Sonic, which has 3,600 restaurants in the U.S. Inspire expects the deal to close by the end of this year. Sonic will operate as a separate business...
Read More
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...
Read More

Pages