The plethora of oils, syrup, starches and other products from Archer Daniels Midland Company are getting a bit more natural with the company’s acquisition of Wild Flavors GmbH this week. [More]
merger
Office Depot Shuttering 400 Stores, Because No One Wants To Compete Against Themselves
Are too many office supplies a bad thing? Apparently so for Office Depot and Office Max. As the merger of the two companies gets underway an overlap of stores in the same areas means some stores will be closing their doors. [More]
American Airlines, US Airways Merger Means New Policies, More Baggage Fees
Change is inevitable in a new relationship, and often one partner will give a little more than the other. That appears to be the case with the $17.7 billion American Airlines and US Airways merger. To better align with its new partner, American announced today it’s making more changes; this time to its baggage fees and frequent-flier rule. [More]
Chiquita, Fyffes Merge To Form World’s Largest Banana Supplier
Miss Chiquita is getting hitched to an Irishman. The 144-year-old banana company is set to merge with its European rival, Fyffes, in a deal that would create the world’s biggest banana supplier. [More]
Albertsons Owner Will Pay $9B To Walk Down The Aisle With Safeway
Prepare for the “save the date”, because there’s another marriage on the way. This time between the second- and fifth-largest grocers in the United States. [More]
Going South Of The Border: Southwest Announces First International Routes
Pack your bags for the sunny Caribbean (maybe not for a cruise, though) because bags are flying there for free now, along with passengers of course. Southwest Airlines just announced one of the most anticipated integration aspects of their 2011 merger with AirTran — international travel. [More]
Classy Name Change Doesn’t Change Cramped Space On American Airlines Regional Service
We’ve all been on one of those small regional jets – the tiny seats, cramped leg room and barely enough overhead space for your roller bag. Nothing will make trips on those small planes better. But American Eagle Airlines Inc. is hoping a name change might class things up a bit. [More]
Chrysler Will Enter Bankruptcy, Partner With Fiat, Warranties Backed By US Government
President Obama announced today that Chrysler would seek bankruptcy protection and enter into an alliance with Fiat. The president told reporters that a “small group of speculators” made up of hedge funds and other investors held out in the hopes that the US government would bail them out. That didn’t happen.
Sirius XM Merger Reveals True Face: Fewer Channels And 'Sanitized' Programming
This week, Sirius XM began consolidating its channels. In reality, this mostly meant jettisoning XM channels wherever there was a tenuous overlap with something Sirius already offered, which is bad news for anyone with a favorite station on XM who woke up Wednesday morning to find it missing. Alex wrote in to tell us that the four Spanish music channels have been condensed to one without regard to genre, and that the uncensored “urban music” station Hot Jamz has been cleaned up, rechristened “The Heat,” and now leans toward radio-friendly R&B. The Motley Fool suggests that the new lineup may drive people to downgrade their subscription—it’s “an incentive to downgrade to the cheaper plan that costs $6 less a month and lets users cherry-pick 50 stations.”
Northwest Airlines Breaks The Bad News To Its Frequent Fliers
We hope all you Northwest Airlines frequent fliers secretly had a thing for Delta, because you’ve been merged.
Say Goodbye To Cingular, Starting Monday
- Starting Monday, Jan. 15, AT&T Inc. (NYSE:T) is launching a new multi-media campaign to begin transitioning the Cingular brand to AT&T in advertising and customer communications, throughout Web sites and nationwide retail stores, and on company buildings and vehicles.
Cingular: What The Merger Means To You
With the merger between AT&T and BellSouth, AT&T has total control over Cingular wireless. What does this mean to you?
Telecom Merger-O-Rama: AT&T Concedes
Final approval requires a vote, which can happen at any time via computer. This would be the largest telecom merger in U.S. history. —MEGHANN MARCO