Even though U.S. Airways has made it known to struggling American Airlines that it would like to go on a few dates — only coffee, maybe a drink or two; no heavy petting — its bankrupt object of affection may not be rushing to the altar. [More]
Have New Domain Names Outed U.S. Airways & American Airlines' Merger Plans?
By March 12, 2012
This is like finding out your friend is getting married because you inadvertently see them browsing for reception halls or wedding DJs. If a slew of recently registered website domain names are to be believed, the much-hinted merger between American Airlines and U.S. Airways might be closer to reality than merely mulling over a dream pre-nup. [More]
U.S. Airways Confirms It's Out To Woo American Airlines
By January 25, 2012
Late last week, it was revealed that U.S. Airways was checking out American Airlines’ OKcupid profile in the hope the two could go on a nice coffee date and maybe get married and have a bunch of kids and a huge house in the suburbs. At the time U.S. Airways, who got burned a couple years back after getting hot-and-heavy with United, played coy about its intentions. But today the carrier is being more open about its amorous intentions. [More]
Report: U.S. Airways Once Again Considering A Merger Marriage, This Time With American
By January 23, 2012
It hasn’t even been two years since U.S. Airways called off its pre-nuptial pillow talk with United Airlines, opting instead to remain single. And while it hasn’t rebounded as quickly as its spurned beau, who ran off with that Continental cad only a few shot months later, a new report says that U.S. Airlines is considering the possibility of a happily ever after ending with American Airlines. [More]
AT&T Cries "Uncle," Pulls Plug On Plan To Buy T-Mobile
By December 19, 2011
Faced with regulatory hurdles too tall for it to leap, AT&T has announced that it has pulled the plug on its proposed plan to purchase T-Mobile USA from Deutsche Telekom for $39 billion. [More]
AT&T Mulling Over Revisions To T-Mobile Deal To Appease Regulators
By December 12, 2011
We’re guessing that when AT&T announced it was going to buy T-Mobile USA for $39 billion that it didn’t expect the deal would receive such jeers from the regulators at the Justice Dept. or the FCC. But with the former ready to go to trial to block the merger and the latter saying it will hold its own hearing if the DOJ fails, AT&T now appears to be looking at the Darth in the mirror. [More]
AT&T Pulls FCC Application For T-Mobile Merger
By November 24, 2011
Two days after the FCC announced it intends to hold a rare administrative hearing on AT&T’s proposed purchase of T-Mobile USA, the folks at the Death Star have decided to pull their merger application to the regulator, at least until the end of its legal battle with the Dept. of Justice. [More]
FCC To Add Yet Another Speed Bump To AT&T/T-Mobile Deal
By November 22, 2011
While we all wait for the legal fireworks that are sure to come from the Justice Department’s lawsuit to stop the AT&T purchase of T-Mobile, the folks at the Federal Communications Commission are reportedly looking to hold an administrative hearing on the deal, which could make things even more difficult for the merger. [More]
Judge: Sprint Can Sue AT&T Over T-Mobile Merger
By November 3, 2011
After their meet cute, AT&T and T-Mobile USA are suffering a long sequence of misunderstandings and obstacles in the romantic comedy that is their attempted merger. The latest speed bump in the path to everlasting togetherness comes from a ruling by a federal judge that Sprint and regional cell phone service provider C Spire Wireless are free to sue the Death Star. [More]
AT&T Tries To Boot Sprint Suit From T-Mobile Hearing
By October 24, 2011
Today AT&T is going to ask the Federal judge to toss out Sprint’s lawsuit seeking to stop it from buying up T-Mobile. [More]
Shazam! Esurance Now Owned By Allstate
By October 7, 2011
Esurance, the insurance company known for its online quotes and annoying commercials, is now officially part of Allstate, after the larger company announced that it has completed the $1 billion acquisition. [More]
Little Banks To Big Banks: Can You Please Stop Merging For A Little Bit?
By September 20, 2011
With folks at the Federal Reserve already reportedly concerned that the sale of ING Direct to Capital One could create another too-big-to-fail bank, a group representing the nation’s smaller banks has raised its voice in concern. [More]
Seven States Join DOJ Lawsuit To Block AT&T/T-Mobile Deal
By September 16, 2011
So it’s not just Sprint and the Justice Dept. that think the sale of T-Mobile USA to AT&T is a bad idea and should be stopped. Today, attorneys general for seven different states joined the DOJ’s suit to block the deal. [More]
Report: Fed Concerned Capital One/ING Direct Merger Could Create Another Too-Big-To-Fail Bank
By September 12, 2011
Back in July, Capital One announced a deal to purchase online bank ING Direct USA for around $9 billion. And even though Cap One tried hard to quell ING customers’ screams of “nooooooo,” the folks at the Federal Reserve are reportedly a bit worried that the deal might create another bank so big that its failure would have a disastrous impact on the economy. [More]
What Will Become Of T-Mobile If AT&T Deal Falls Through?
By September 9, 2011
With the Justice Department suing to block AT&T’s $39 billion purchase of T-Mobile USA, some have begun wondering what would happen to the country’s fourth-largest wireless provider should the deal fall through. That includes T-Mobile’s parent company, Deutsche Telekom, which is reportedly looking at options for its American business. [More]
Judge Tells AT&T And DOJ To Be Prepared To Discuss Settlement On T-Mobile Deal
By September 7, 2011
The judge in the Justice Dept. lawsuit to block AT&T’s purchase of T-Mobile USA has not only set a date for the first hearing in the case, she’s also advised both sides to start thinking about settlement terms. [More]
Sprint Sues To Block AT&T From Buying T-Mobile
By September 6, 2011
Less than one week after the Justice Dept. filed a lawsuit to block AT&T’s pending $39 billion purchase of T-Mobile USA, Sprint has filed a lawsuit of its own (but related to the DOJ suit), seeking to have the deal called off. [More]
