When you’re spending $66 billion on a merger to create the world’s largest seed company, it’s understandable that you’d probably want to keep your brand’s name on the resulting mega-corporation, especially when your betrothed comes saddled with a name like Monsanto. [More]
Billion Dollar Deal
Monsanto, Bayer Seal The Mega-Seed Merger Deal For $66B
By 9.14.16
It turns out $65 billion wasn’t quite enough to push Monsanto into Bayer’s seed-loving arms. Instead, it took just $1 billion more: the Missouri-based seed giant agreed late Tuesday to sell itself to Bayer for $66 billion, officially creating the largest seed company in the world. [More]
Bayer Offers $65B In Third Attempt To Buy Monsanto
By 9.6.16
Perhaps the third time is the charm for a deal between Monsanto and Bayer, as the latter company has once again upped its bid for the Missouri seed and pesticide giant, offering nearly $65 billion to create the world’s largest seed company. [More]
UFC Sells Itself For Record-Breaking $4 Billion
By 7.11.16
You frequently hear about manufacturers involved in multibillion-dollar mergers, and you occasionally hear about an individual sports team being sold for big bucks, but it’s pretty rare these days to see an entire sports organization being sold for ten figures. [More]
Fresh Market Sold To Private Equity Firm, Apollo Global, For $1.36B
By 3.14.16
Specialty grocery chain Fresh Market is starting the week with a new owner: Apollo Management Group agreed to acquire the chain for about $1.36 billion in cash over the weekend. [More]
Rite Aid Shareholders Vote To Approve $9.4B Merger With Walgreens
By 2.4.16
Walgreens’ path to bring Ride Aid under its wing passed one hurdle on Thursday, as shareholders for the latter chain of drug stores approved a $9.4 billion merger plan. [More]
Fiat Chrysler Wants To Hug GM So Tight They Merge
By 8.31.15
When you’re a multibillion-dollar company that’s been under heavy scrutiny from federal regulators and you’ve been turned down by several potential suitors in the last year, you don’t simply give up on a possible merger. Or at least that seems to be the case for Fiat Chrysler when it comes to the automaker’s unrequited love for General Motors. [More]
Regulators Settle Charges That Reynolds, Lorillard Merger Would Be Anticompetitive
By 7.31.15
A year after the No. 2 and No. 3 cigarette brands in the country first announced they were planning to go all-in on a $27.4 billion merger, regulators have approved an order settling charges that the deal would be anticompetitive for the U.S. cigarette market, paving the way for the merger to move forward. [More]
Verizon Completes $4.4B Acquisition Of AOL
By 6.23.15
It’s not often you hear about a shotgun wedding between two tech companies, but that’s apparently what happened for Verizon and AOL, as the recently betrothed said today that they had officially completed a $4.4 billion acquisition proposed just a month ago. [More]
Reynolds, Lorillard Must Sell Salem, Kool, Maverick & Winston Brands To Gain Approval Of $27.4B Mega-Cigarette Merger
By 5.27.15
You may recall that last July the No. 2 and No. 3 cigarette brands in the country announced they were planning to go all in on a $27.4 billion merger. This week the two companies received the blessing from federal regulators, as long as they divest four cigarette brands to a UK-based company. [More]
Twitter Reportedly Looking To Buy Article-Curating App Flipboard For $1B
By 5.26.15
If you’re one of the largest social media networks in the world and happen to have $1 billion burning a hole in your pocket, what do you do? If you’re Twitter, you apparently start talks to buy article-sharing app Flipboard. [More]
Verizon Buys AOL For $4.4 Billion To Create Video Content, Ad-Sharing Mega-Company
By 5.12.15
Old tech and new tech are coming together in a massive $4.4 billion deal, with mobile service powerhouse Verizon Communications buying the brand of the ’90s AOL — a deal that gives the country’s largest mobile phone operator a stronger foothold in the race to create ad-content that targets customers as they move from desktops to mobile devices. [More]
