merger

(Agus Sutanto)/(GeorgeM757)

Say Goodbye To Virgin America: Company Name, Logo To Retire In 2019

Now that Alaska Airlines and Virgin America have officially gained approval for their $4 billion marriage, the couple is working out of all the little details of married life, including which airline will be taking the other’s name. To that end: The Virgin America name and logo will disappear, but not right away. [More]

Mike Matney

Ruby Tuesday Seeking Buyer, Merger Partner After Continued Declining Sales

Last summer, Ruby Tuesday revealed plans to close nearly 100 underperforming stores as part of the chain’s “Fresh Start Initiative” that aimed to turn around slumping sales. Those efforts apparently haven’t been as successful as the restaurant brand would have liked, and now it’s looking to sell itself instead. [More]

(БРАТСТВО)

Fiat Chrysler Still Pining Away For A Merger Marriage With GM

Fiat Chrysler’s one-sided love affair with General Motors goes back nearly two years, when CEO Sergio Marchionne declared he wanted to hug the rival carmaker so hard they just became one. Despite this, GM has resisted any notion of a merger deal, and no matter how many times GM swipes left on FCA’s Tinder profile, FCA keeps holding out hope for wedded bliss. [More]

Jeepers Media

Sprint Reportedly Talking To White House About Possible Merger With Comcast Or T-Mobile

In recent weeks, President Trump has repeatedly mentioned promised investments and jobs from Sprint and its parent company Softbank. Now the wireless provider is reportedly hoping to eventually turn that goodwill — and the Trump administration’s light-touch approach to regulation — into a mega merger, possibly with T-Mobile, Comcast, or others. [More]

Open Grid Scheduler / Grid Engine

Airbnb Adds High-End Rentals To Roster With Purchase Of Luxury Lodging Company

Forget about renting someone’s extra bedroom through Airbnb on your next trip, now you can book a luxury villa, thanks in part to Airbnb’s recent acquisition of high-end lodging company Luxury Retreats.  [More]

MarteaDesignCo

Report: Reynolds Rejects British American Tobacco’s $47B Takeover Offer

Last month, British American Tobacco offered $47 billion to purchase the roughly 42% stake of R.J. Reynolds American that it didn’t already own. Now, the London-based company’s dream of creating the world’s largest tobacco company has been dashed. [More]

(MarteaDesignCo)

British American Tobacco Offers $47B For Reynolds American

More than a decade after British American Tobacco bought a roughly 42% stake in tobacco biggie R.J. Reynolds American, the London-based company is back for the rest, offering $47 billion to create the world’s largest tobacco company.  [More]

Google Maps

How A Small Nebraska Town Figures Into The Cabela’s, Bass Pro Shops Deal

Some companies have distinct ties to their geographical roots, whether it’s Walmart and Bentonville, L.L.Bean and Maine, Hershey and, well.. Hershey, or Cabela’s and the small Nebraska city of Sidney. But now that the outdoor goods retailer has been snapped up by Bass Pro Shops for $5.5 billion, what will happen to this town of around 7,000 people?
[More]

Report: Disney Working On Bid For Twitter

Report: Disney Working On Bid For Twitter

The Walt Disney Co., the well-known operator of theme parks, movie production studios, and cable television networks could soon be a huge player in social media — at least according to reports claiming that Big Mouse is working on a bid for Twitter.  [More]

Jeanette E. Spaghetti

Bayer Could Drop Monsanto Name If Mega-Merger Gets Approval

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]

Monsanto, Bayer Seal The Mega-Seed Merger Deal For $66B

Monsanto, Bayer Seal The Mega-Seed Merger Deal For $66B

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]

Tom Simpson

Mondelez Abandons Bid To Create Snack-Candy Behemoth With Hershey Purchase

The residents of Hershey, PA, can breathe a sigh a relief today, as Mondelez — the owner of Nabisco and Cadbury — announced it would ditch its months-long bid to purchase the Hershey’s brand following several rebuffed offers by the chocolate giant. [More]

metavariable

Mega-Beer Merger Could Cost SABMiller, Anheuser-Busch Employees Thousands Of Jobs

It’s not just brands of beer that Anheuser-Busch InBev and SABMiller have had to discard in order to make their $107 billion merger dreams a reality: it could also cost thousands of people their jobs.  [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]

Atwater Village Newbie

Tesla Buys SolarCity For $2.6B

After working together for years to build and test solar-based batteries for homes and businesses, Tesla has agreed to buy SolarCity — which is already chaired by CEO Elon Musk — for $2.6 billion. [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]