mergers and acquisitions

T-Mobile Exec Gets Romantic, Says Marriage To Sprint Makes Most Sense

T-Mobile Exec Gets Romantic, Says Marriage To Sprint Makes Most Sense

The teen-dream romance between T-Mobile and Sprint is moving on from playful banter in the lunchroom to lingering by the lockers between classes, with a top T-Mo USA executive saying that a merger with Sprint would make the most sense. [More]

Sprint, T-Mobile Reportedly Chatting About Potential Merger Marriage

Sprint, T-Mobile Reportedly Chatting About Potential Merger Marriage

After a week of playing it cool and dropping subtle, flirtatious, hints about the possibility of a merger, it sounds like Sprint and T-Mobile are ready to seriously discuss whether they want to try again to get hitched. [More]

Sprint, T-Mobile Merger Buzz Starts Up Again After CEO Says He’d “Love To Begin Talks”

Sprint, T-Mobile Merger Buzz Starts Up Again After CEO Says He’d “Love To Begin Talks”

If the U.S. wireless market were a John Hughes ’80s movie, Verizon would be Jake from Sixteen Candles — rich, expensive car, gets what he wants; AT&T would be Andrew from The Breakfast Club — dumb but popular, brutish, secretly just wanting to be loved; T-Mobile would be Duckie from Pretty In Pink — pugnacious, a flashy dresser, occasionally adorably profane; while Sprint would be Cameron from Ferris Bueller’s Day Off — always seemingly on the verge of failure, barely tolerated, has parents with a lot of money. And now those rich parents think that teaming up their awkward son with plucky T-Mobile will help them both take on the bigger, more handsome competitors. [More]

Mike Mozart

Should Comcast Merge With Charter Or Verizon? Analyst Says Yes

In much the way that fans of celebrities enjoy chatting about how great two stars would be together, financial analysts daydream about multibillion-dollar corporate weddings. The current pro-business, anti-regulation mindset in D.C. is only fueling those romantic merger fantasies, with one high-profile analyst claiming that now is the perfect time for Comcast to gets its acquisition on. [More]

Verizon Wants To Merge With Comcast, Disney, Or Pretty Much Anyone Really

Verizon Wants To Merge With Comcast, Disney, Or Pretty Much Anyone Really

Verizon’s shopping spree in recent years has mostly focused on snapping up the last vestiges of the 1990s with big purchases of AOL and Yahoo. But now, the company’s CEO says, it’s ready to go bigger and more modern… and it’s not entirely picky about who it wants its new partner to be. [More]

Mike Mozart

Petsmart Adopts Pet Supplies Site Chewy.com

Big-box pet supply store PetSmart is expanding its presence in your pet’s life and in its food dish, acquiring the popular online pet supplies vendor Chewy.com. [More]

1nelly

Bass Pro Shops Is Still Buying Cabela’s, But For Less Money

Since the $5.5 billion deal where Bass Pro Shops agreed to acquire Cabela’s was announced last October, a few things related to the deal have changed. Now the companies have announced that the deal is going forward, but at a price cut of $4 per share of Cabela’s, and the addition of a middleman in the sale of its credit card operations to Capital One. [More]

Mike Mozart

Amazon Reportedly Exploring Purchase Of BJ’s Wholesale

After decades of being the face of online-only retail, Amazon is increasingly inching into the bricks-and-mortar world: pop-up stores; planned supermarkets without checkouts; a reported interest in buying Whole Foods — and now the possible acquisition of BJ’s Wholesale Club. [More]

So Cal Metro and Sarah

Amazon Was Thinking About Buying Whole Foods: No, Really.

What do you get when you combine a flailing health food chain and an e-commerce giant that’s desperate to get into the grocery business? We could have found out, since Amazon was reportedly thinking about buying Whole Foods. [More]

Ryan Finnie

LeEco And Vizio Call Off Acquisition, Blame “Regulatory Headwinds”

Last year, the Chinese electronics company LeEco announced plans to acquire the popular television brand Vizio for around $2 billion. Today, the two companies said they’re calling the merger off, blaming “regulatory headwinds.” [More]

frankieleon

Panera Sold To Owner Of Krispy Kreme, Peet’s & Caribou For $7.5 Billion

The rumors were true: Panera Bread has found a new owner. JAB Holdings — the parent company of Krispy Kreme, Caribou Coffee, Peet’s Coffee & Tea, and Keurig Green Mountain — will buy the sandwich chain for $7.5 billion. [More]

Consumerist

FCC: Charter No Longer Required To Provide Competing Service For 1 Million People

When the FCC approved the three-way merger of Charter, Time Warner Cable, and Bright House, it did so under the condition that Charter would have to bring broadband competition to 1 million people in markets where consumers only have one choice. Today, the FCC voted to scrap that requirement, instead asking Charter to build its network elsewhere. [More]

Nicholas Eckhart

Walgreens & Rite Aid Willing To Unload More Stores On Fred’s To Make Merger Happen

Walgreens and Rite Aid want to merge and become the largest pharmacy chain in the country, and the Federal Trade Commission is the main obstacle in their path. That’s why Walgreens, the much larger partner in this merger, is preparing a new proposal for the regulators, which would include selling off more stores to what’s now a small regional chain. [More]

Volkswagen Not Yet Saying No To Idea Of Chrysler Merger

Volkswagen Not Yet Saying No To Idea Of Chrysler Merger

While poor Fiat Chrysler is busy hopelessly playing the Duckie to General Motors’ Andie Walsh (What — you’re not Pretty In Pink fans? Monsters), there might be another potential prom date in FCA’s future: Volkswagen. [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]

jdong

Yelp Buys Restaurant Waitlist Tech Company Nowait For $40M

Yelp is trying to change the way users visit restaurants — or the way in which they wait for a table with the $40 million purchase of Nowait, a startup that uses technology to streamline the seating process at restaurants around the country. [More]

FCC.gov

FCC Chair Ajit Pai Has No Plans To Review AT&T/Time Warner Merger

In recent years, the FCC played a key part in blocking the mergers of AT&T and T-Mobile, and Comcast and Time Warner Cable, while also using its regulatory leverage to place pro-consumer conditions on the mergers it did approve — like getting Charter to agree to not use data caps for seven years. However, the FCC will apparently give AT&T its wish and not even chime in on the pending merger of AT&T and Time Warner. [More]

AT&T: It’s Fine For Us To Buy Time Warner Because We’re Too Small To Hurt Competition

AT&T: It’s Fine For Us To Buy Time Warner Because We’re Too Small To Hurt Competition

AT&T’s plan to buy Time Warner — the parent company of several cable networks, not the cable company that Charter snapped up last year — was greeted with a surprising amount of skepticism right from the start. Even though AT&T is sidestepping a lot of regulatory scrutiny by not seeking FCC approval of the merger, lawmakers have continued to ask why this merger would benefit anyone other than the shareholders of these companies. AT&T’s response: Competition or prices won’t be affected because we’re such a small-time player in the pay-TV business, and Time Warner’s viewership numbers are low. [More]