Mergers and acquisitions

FILE - In this Sept. 21, 2016, file photo, V.C. Summer Nuclear Station's unit two's turbine is under construction near Jenkinsville, S.C., during a media tour of the facility. The Public Service Commission will determine at a meeting on Friday, Dec. 14, 2018 how much to cut rates for 737,000 South Carolina Electric & Gas customers who have already paid more than $2 billion for a pair of nuclear reactors abandoned during construction. (AP Photo/Chuck Burton, File)
December 14, 2018 - 1:57 pm
COLUMBIA, S.C. (AP) — The Latest on South Carolina regulators' votes on issues concerning the fallout from a $9 billion nuclear construction project failure (all times local): 1:55 p.m. A majority of South Carolina regulators say they will vote to approve a deal to rescue a utility company reeling...
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In this Nov. 2, 2018 photo, a sales associate is seen through a window display helping a customer try on a parka at the Mall at Short Hills in Short Hills, N.J. Like many malls, this shopping complex is offering more immersive shopping experiences. Outerwear brand Canada Goose unveiled a store with a “cold room” where customers can try on its $1,000 parkas in sub-zero temperatures. (AP Photo/Ted Shaffrey)
December 11, 2018 - 10:33 am
SHORT HILLS, N.J. (AP) — Online retailers are getting physical. A growing number of brands born on the internet are now opening brick-and-mortar stores and moving into the suburban malls once considered doomed as more Americans shopped online. But they're taking it even further by doubling-down on...
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In this photo provided by the semiofficial Mehr News Agency, Iran’s navy members stand on Ghadir-955 submarine during its inauguration in the southern port of Bandar Abbas, Iran, at the mouth of the strategic Strait of Hormuz, Thursday, Nov. 29, 2018. Iran’s navy has acquired two new mini submarines designed for operations in shallow waters such as the Persian Gulf, the Iranian state TV reported on Thursday. (Rahbar Emamdadi/Mehr News Agency via AP)
November 29, 2018 - 10:09 am
TEHRAN, Iran (AP) — Iran's navy has acquired two new mini submarines designed for operations in shallow waters such as the Persian Gulf, the Iranian state TV reported on Thursday. The report said one of the mini submarines — also known as midget submarines — was dubbed Ghadir-955 and was built in...
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FILE - This Dec. 6, 2016, file photo shows the United Technologies Electronic Controls factory in Huntington, Ind. 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 has scheduled a call with investors for Tuesday, Nov. 27, 2018, that it says is to announce its intention to separate into three companies. (AP Photo/Michael Conroy, File)
November 26, 2018 - 8:00 pm
NEW YORK (AP) — United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company's announcement Monday was the latest by a sprawling industrial conglomerate deciding it will be more...
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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 - 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...
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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...
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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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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...
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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...
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