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]
mega-merger
AB InBev To Sell SABMiller’s Eastern European Brands For $8B
By 4.29.16
Anheuser-Busch InBev’s pending $107 billion merger with SABMiller will now include fewer brands: the beer behemoth announced today that it will sell several of its betrothed’s eastern European assets in order to appease federal regulators and speed up approval for the mega-merger. [More]
Staples, Office Depot Extend Merger Deadline To Fight Antitrust Lawsuit
By 1.20.16
Just because the Federal Trade Commission went to court in an effort to block the pending merger of Staples and Office Depot, doesn’t mean the companies are putting the mega-deal behind them. In fact, the office-supply chains have extend the contract for their proposed $6.3 billion merger to allow more time to placate antitrust regulators. [More]
Anheuser-Busch CEO Tells Congress That Mega-Beer Merger Is Good For Everyone, Really
By 12.8.15
Executives involved in the billion-dollar beer merger between Anheuser-Busch and SABMiller tried to paint a rosy picture of its impending marriage — despite a wealth of contradictory testimony — assuring lawmakers that there’s really no downside to the deal: everyone will benefit, even consumers. [More]
Big Beer CEOs To Testify In Front Of Congress On The Awesomeness Of Mega-Merger Tuesday
By 12.7.15
There are billions of reasons (or rather dollars) for the executives for Anheuser-Busch InBev, SABMiller and Molson Coors Brewing Co. to prove that a mega-beer merger is a brilliant plan, and now it looks like they’ll have their chance to opine on its greatness by testifying in front of Congress tomorrow. [More]
FTC Says Staples-Office Depot Deal Is A No-Go, Files Antitrust Lawsuit To Stop Mega-Merger
By 12.7.15
The nightmare dream of the formation of the $6.3 billion StaplesMaxDepot Voltron has officially hit a (very big) speed bump: federal regulators unsurprisingly filed a complaint today charging that the proposed mega-merger’s affect on commercial businesses would violate antitrust laws. [More]
