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.
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How America’s Two Signature Beer Companies Became Expats

How America’s Two Signature Beer Companies Became Expats

Budweiser and Miller: Even if you don’t like them, you have to admit that they have long been considered the two beers most associated with America. Their ads feature vast fields of wheat, baseball, hard-workin’ and hard-partyin’ men and women — heck, Bud even went so far as to rebrand itself “America” for the summer — even though neither brand has been majority owned by an American company in years. And now that U.S. regulators have signed off on on the marriage of Bud and Miller’s parents, these once-American titans of industry have completed their transition to become worldly expatriates. [More]

Mike Mozart

Why Danone Paid $10.4 Billion For Almond & Organic Milk Company

French food giant Danone already takes up plenty of supermarket dairy shelf space, with everyday brands like Dannon, Activia, and Oikos. So why is the company spending $10.4 billion to purchase WhiteWave, the American company behind organic brands like Silk almond milk, Horizon, and Earthbound?
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Jeanette E. Spaghetti

Monsanto Looking At “Strategic Options” After Rejecting Bayer’s $62B Bid

A month after Monsanto deemed a $62 billion proposed merger bid from Bayer “financially inadequate,” the Missouri seed and pesticide giant is reportedly looking at its options after receiving less-than-stellar earning numbers.  [More]

Morton Fox

Twitter Reportedly Met With Yahoo To Discuss Possible Merger

As Yahoo prepared to dissect a second round of bids for its core internet business — including search, mail, and news sites — the company might have another proposal to ponder: a merger with Twitter.  [More]

Scott Lynch

South African Regulators Give Green Light To $107B Anheuser-Busch, SABMiller Merger

Anheuser-Busch InBev has one more regulatory body to mark off on its “Places To Get Approval For $107 Billion Takeover Of SABMiller” checklist: South Africa’s Competition Commission gave its blessing to the mega-beer merger Tuesday after placing several conditions on the approval. [More]

Paul Kanterman

Anheuser-Busch, SABMiller’s $107B Merger Passes Major Hurdle, Gains European Approval

When you’re trying to combine a Belgian-Brazilian beer giant (that loves to pass itself off as American) with a huge London-based beer company whose roots trace back to South Africa and Wisconsin, you’re going to need to shed some overlapping businesses to get all the approvals you need. It looks like Anheuser-Busch’s plan to sell off some SABMiller brands overseas has helped gain approval from European Union regulators who have given the green light to the $107 billion merger of the two companies.
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Charter-TWC Merger Is Done Deal After California Approval

Charter-TWC Merger Is Done Deal After California Approval

After the FCC gave its blessing to the marriage of Time Warner Cable and Charter, the only thing standing in the way of marital bliss was the possibility that the California Public Utilities Commission might go full drunk-uncle and raise a boatload of objections before the final “I do”s.  However, today the CPUC decided instead to raise a toast to the mega-merger.
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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]

Rob

Mega-Beer Merger Clears Hurdle: SABMiller Officially Sells Peroni, Grolsch Brands For $2.9B

In order to grease the wheels for the mammoth $107 billion merger of beer giants Anheuser-Busch InBev and SABMiller, a number of Miller’s brew brands are being sold off as quickly as possible. Only a week after announcing that Miller might sell a number of premium labels — including Peroni, Grolsch, and Meantime — to Japan’s Asahi Group, the $2.9 billion deal is now official.

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PROMartin Abegglen

Fiat Chrysler Hates Being Single; CEO Talks Mergers, Even Though No One Seems Interested

Four months ago, Fiat Chrysler proclaimed it was quitting the dating scene after being snubbed by General Motors. But ever the hopeless romantic, the carmaker’s CEO is once again pining to be in the arms of another manufacturer. [More]

cookedphotos

Anheuser-Busch InBev To Sell Peroni, Grolsch To Earn European Approval Of Beer Merger

A month after Anheuser-Busch InBev cleared one huge regulatory hurdle in gaining approval for its $107 billion SABMiller merger with the sale of SABMiller’s half of China’s largest brewer, the beer behemoth is looking to appease regulators on other continents. This time it happens to be the European Union and the sale of premium brands Peroni and Grolsch.  [More]

(Jamie)

Pfizer, Allergan Call Off $160B Mega-Merger

Five months after Pfizer and Allergan announced they would combine households to create the world’s largest drug company, the betrothed say the wedding is being called off.  [More]

Mike Mozart and 
frankieleon

Staples & Office Depot Ask Judge To Toss Antitrust Lawsuit Without Defending Merger

Two weeks after the beginning of a federal court hearing on the proposed mega-merger between Office Depot and Staples, the office supply chains’ lawyers have decided not to present a defense against the Federal Trade Commission’s claim that the deal is bad for consumers and businesses.  [More]

(Agus Sutanto)/(GeorgeM757)

Alaska Airlines To Buy Virgin America In $4B Deal

Virgin Alaska? Alaska American? Either of those — and other combinations — could soon be the fifth largest airline operating in the U.S. after Alaska Airlines agreed to acquire Virgin America in a deal valued at $4 billion.  [More]

(Mike Mozart)

Sherwin-Williams Buys Valspar For $11.3B, Will Really Cover The Earth

Simply walking past the paint aisle at your local home improvement store is enough to make many hearts race and palms go sweaty — what with all the choices. But those walls of swatches might belie the fact that many of those paint brands are owned by the same companies — and that industry could consolidate even further now that Sherwin-Williams has agreed to put itself in the mixing stand with Valspar for $11.3 billion. [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]