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Airbnb Inches Closer To Full-Service Trip-Planner With Latest Acquisition

Airbnb has had success in providing a platform for travelers looking to stay somewhere other than hotels, but lodging is only one aspect of a trip. Where to eat? What to see? Airbnb’s recent acquisition of a startup travel-planning service shows that the company is inching toward offering one-stop shopping for travelers. [More]

Lyft

Lyft Dismisses The Idea That It Even Wants A Buyer At All

A day after Uber reportedly shrugged off the idea of acquiring ride-hailing rival Lyft, the latter company says it’s not on the market, you know, anyway.  [More]

afagen

Uber Reportedly Shrugs Off Idea Of Acquiring Lyft

With reports circulating that ride-hailing service Lyft may be looking to sell itself, it makes sense to think of Uber, its most prominent competitor, as a potential buyer. However, it seems very unlikely that regulators would allow this merger, or that Uber is even interested. [More]

Mike Mozart

Report: Walmart In Talks To Buy Jet.com

Just a year after it launched, Amazon challenger and fellow e-commerce site Jet.com could soon become the property of one of the largest bricks-and-mortar retailers in the world: Walmart.  [More]

camknows

AMC Theaters Makes “Best & Final” Offer Of $1.2B For Carmike

Four months after AMC Theaters offered $1.1 billion to buy fellow theater chain Carmike Cinemas, the two companies have finally come together on a sweetened deal to appease shareholders.  [More]

Michael Daddino

L’Oreal Expands Makeup Portfolio With $1.2B Purchase Of IT Cosmetics

Cosmetics biggie L’Oreal just got a bit bigger, adding some 300 skincare and makeup products with its $1.2 billion acquisition of infomercial fave IT Cosmetics.
[More]

Neff Conner

Owner Of Radisson Hotel Chain Purchased By Chinese Conglomerate

Just weeks after China’a Anbang Insurance Group bowed out of its bid for the Starwood Hotel brand, another Chinese hotel group has gobbled up a different group: Carlson Hotels, the operator of the Radisson chain.  [More]

Earth2Kim

Virgin America Reportedly Gets Takeover Bids From JetBlue, Alaska Airlines

Well that was fast. Less than a week after Virgin America realized it was a pretty hot commodity and said it would consider putting itself up for sale, the company has reportedly received not one, but two takeover bids from rival airlines.  [More]

(Precious Mitchell)

Snapchat Buys Bitstrips For $100M: Uniting Puking Rainbows & Cartoons Of Ourselves

Remember that brief, weird moment a few years back when your Facebook feed was suddenly full of just-ironic-enough comic strip versions of your friends? Well, now you’ll probably see that all over Snapchat, as the messaging app reportedly agreed to pay $100 million to acquire Bitstrips.  [More]

(arubabeaches)

Marriott Beefs Up Bid, Buys Starwood Hotels For $13.6 Billion

Momentum in the tug-of-war over Starwood Hotels — home to brands like Sheraton, St. Regis, Westin, and W — has shifted once again. Only days after China’s Anbang Insurance appeared destined to win with its “superior proposal,” Marriott managed to dig deep with the help of a few billion additional dollars.

[More]

Mike Mozart and 
frankieleon

Staples, Office Depot: FTC’s Opposition To Billion-Dollar Merger Is “Flawed,” “Wrong”

Three months after federal regulators filed a lawsuit to stop the nightmare dream formation of the $6.3 billion StaplesMaxDepot Voltron , the CEOs of the mega-office supply chains are fed up, and they’re taking that frustration to the customers by airing their true thoughts on the Federal Trade Commission’s attempt to stop the deal.  [More]

Kickstarter Buys Music Community Service Drip

Kickstarter Buys Music Community Service Drip

After years of providing a platform for people to help fund everything from homemade hot sauces to feature films, Kickstarter itself has made its first big investment, acquiring streaming service Drip.
[More]

Verizon Expands Fiberoptic Reach With $1.8B Purchase Of XO Communications’ Network

Verizon Expands Fiberoptic Reach With $1.8B Purchase Of XO Communications’ Network

Verizon’s mission to have the fastest wireless technology among wireless and communication providers got a $1.8 billion boost Monday when the company announced plans to lease spectrum from and acquire XO Communications’ fiberoptic network.  [More]

Anheuser-Busch Buys Breckenridge Brewery, Third Craft Brewer In One Week

Anheuser-Busch Buys Breckenridge Brewery, Third Craft Brewer In One Week

As if the pending $107 billion merger with SABMiller wasn’t enough of a portfolio boost for Anheuser-Busch InBev, the beer giant has purchased not one, but three craft brewers in the last week. The company’s most recent holiday gift for itself is Breckenridge Brewing of Colorado. [More]

(Enokson)

Maker Of Sharpie To Buy Maker Of Crock-Pot For $13B, Creating A Consumer Product Smorgasbord

All of those storage containers, Sharpies, coolers, and crockpots you have dotting the insides of cupboards now have a lot more in common than one might think: Newell Rubbermaid, the company behind Sharpie and Rubbermaid storage products Jarden, the company behind the Coleman and Crock-Pot brands, for $13.2 billion. [More]

(m01229r)

Keurig Green Mountain Selling Itself For $13.9B To Private-Equity Company

If you thought that cup of coffee you picked up on the way to work this morning cost a pretty penny, then can you imagine how the much one of the biggest names in the coffee biz would go for? Well, if you guessed $13.9 billion, then you should probably go buy a lottery ticket, as that’s how much Keurig plans to sell itself for.  [More]

(hildeaux)

Expedia To Buy Vacation Rental Site HomeAway For $3.9B

Just two months after Expedia completed its last big purchase, the travel-booking enterprise has hit the market again, offering $3.9 billion to buy vacation rental company HomeAway.  [More]

(frankieleon)

Bridgestone Buys Pep Boys Auto Service Retail Operations For $835M

Have we seen the last of Moe, Manny, and Jack – you know, the faces of the Pep Boys auto parts brand? It’s possible as the retail chain has agreed to be acquired by tire giant Bridgestone for $835 million.  [More]