AT&T has been on a buying spree in the last two years, first snatching up DirecTV and its more than 20 million customers, and now trying to acquire the massive Time Warner media empire. The company’s nemeses at Verizon apparently have acquisition envy, and are mulling over a purchase of a cable biggie like Comcast or Charter. [More]
After you’ve spent more than $100 billion to acquire your biggest competitor, what’s left? Sure, you can buy up that smaller business here and sell off this subsidiary there, but how does a company regain the adrenaline rush of pulling off a transaction so big people need to stop and count the zeros? [More]
As we sip the last drops of champagne over the failure of the merger of Comcast and Time Warner Cable, an even bigger acquisition appears to be passing through the regulatory process with relative ease — that of AT&T and DirecTV. And with Comcast, TWC, Charter, and other cable operators all now looking for potential corporate spouses, their eyes may also be turning toward the wireless market. [More]
GrubHub and Seamless Web are two of the biggest players in the growing online food-ordering industry, catering to those of us who would rather not deal with looking up menus then going through the ritual of reciting our orders over the phone. Today, the two companies announced their intent to merge and save people the hassle of having to toggle between the two sites when they can’t decide what to order. [More]
Seems like it was just seven months ago that we first wrote about the proposed sale of AirTran to Southwest Airlines for $1.4 billion. Now that deal is all but done after it passed the Justice Department’s antitrust review yesterday.
Overshadowed by last year’s relatively rapid merger of United and Continental was the sale of AirTran to Southwest. That sale is now one big step away from completion after AirTran shareholders approved the deal earlier this week.