Why AT&T Is Buying Time Warner, And Why So Many People Aren’t Happy About It

Why AT&T Is Buying Time Warner, And Why So Many People Aren’t Happy About It

The time from new rumor to signed deal was only about two days, and yet here we are: AT&T is putting the moves on Time Warner, planning to bring the content powerhouse under its roof. This proposal will now, of course, have to grind its way through the gears of government approval. But while this proposal is a giant deal for two giant companies, the name that’s likely to come up more than any other in all the comments back-and-forth is neither Time Warner nor AT&T, but rather a competitor: Comcast. [More]

AT&T Confirms $85 Billion Acquisition Of Time Warner Inc.

After two days of “people close to situation” leaking information about a possible merger between AT&T and Time Warner Inc., the two companies have confirmed the deal which is valued at around $85 billion. [More]

Reports: Possible AT&T/Time Warner Merger Valued At $85 Billion

Reports: Possible AT&T/Time Warner Merger Valued At $85 Billion

This morning, the world woke to find out that AT&T and Time Warner were getting cozy and maybe thinking about moving in together. Now comes news that talks have heated up and that a nearly $90 billion deal could be in the offing. [More]

C x 2

Report: AT&T May Be Trying To Buy Time Warner

With the acquisition of DirecTV complete and in the rear-view mirror behind it, AT&T is reportedly setting its eye on a new target to go out and buy: venerable media brand Time Warner. [More]

Nicholas Eckhart

Report: Kroger Isn’t Interested In Buying A Few Hundred Walgreens Stores

If you know anyone who’s interested in buying around 650 grocery stores, Walgreens and Rite Aid would like to hear about it. The two drugstore chains need to find a buyer for between 500 and 1,000 stores to get their merger approved by the Federal Trade Commission, and no one is interested. [More]

Jeepers Media

Supervalu Selling Off Save-A-Lot Supermarket Chain For $1.4B

Supermarket operator Supervalu will have one fewer chain in its portfolio soon, after announcing that it’s selling off discount grocer Save-A-Lot to a Canadian investment group for $1.37 billion. [More]

Tom Raftery

Salesforce Joins Companies Walking Away From Twitter Purchase

Poor Twitter. Despite an abundance of rumored suitors, it’s starting to look like no one wants to buy the social media company. This time, it’s Salesforce that’s walking away from discussions. [More]

Yahoo

Verizon: Yahoo Has To Prove Impact Of Data Breach Isn’t “Material”

It sounds like Yahoo has some explaining to do if it wants Verizon to go ahead with the $4.8 billion deal to buy its internet business: Verizon says it’s inclined to declare the impact of the massive data breach that affected at least 500 million Yahoo users as a “material” event. [More]

Hilmor

Stanley Black & Decker Buys Tool Brands From Newell, No Word On Craftsman Bids Yet

Stanley Black and Decker is rumored to be one of the bidders on the venerable Craftsman brand of tools from Sears, but the company may have gone out shopping and bought itself a different tool company instead. Newell owns brands that range from Coleman camping equipment to Uni-ball pens to Yankee Candle and Calphalon, and now it owns fewer power tools and saws than it used to. [More]

Nicholas Eckhart/smcgee

Report: Kroger Entertaining Idea Of Buying Whole Foods

The largest grocery store chain in the country could be getting a bit bigger and a lot more organic, as the rumor mill began churning that Kroger is exploring the idea of buying Whole Foods.  [More]

Nicholas Eckhart

Bass Pro Shops Reels In Cabela’s For $5.5 Billion

A year chock-full of mergers, acquisitions, and bankruptcies in consumer-facing businesses is chalking up another deal. This time, it’s the realm of the outdoors: Bass Pro Shops is dropping several billion dollars to snap up competitor Cabela’s. [More]

Yahoo

Yahoo Facing Lawsuits, Senate Inquiry, Possibly Merger Issues After Massive Data Breach

Last week was pretty rough for Yahoo, which confirmed on Thursday that it suffered a major data breach affecting more than half a billion (yes, with a B) users. Now 500 million people with Yahoo accounts are trying to figure out what to do next… but they’re not the only ones. [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]

Seventh Generation

Unilever Buys Seventh Generation. What About Honest Co.?

Days after Unilever was rumored to be discussing a deal to purchase The Honest Company — the line of household and personal care products co-founded by actress Jessica Alba — the company behind everything from Ben & Jerry’s to Vaseline added a different high-profile independent brand to its portfolio: The eco-friendly cleaning supply folks at Seventh Generation. [More]

Unilever Looking To Buy Jessica Alba’s Honest Co. For Around $1 Billion

Unilever Looking To Buy Jessica Alba’s Honest Co. For Around $1 Billion

Unilever  — the company behind everything from Ben & Jerry’s to Vaseline, and who recently spent a billion dollars to buy the Dollar Shave Club — has reportedly gone shopping for yet another high-profile independent brand. This time its Honest Co., the line of household and personal care products co-founded by actress Jessica Alba.
[More]

Me and the Sysop/Mike Mozart

Could AB InBev Try To Buy Coca-Cola To Create Beer & Soda Voltron?

After you’ve spent more than $100 billion to acquire your biggest competitor, what’s left? Sure, you can buy up that smaller business here and sell off this subsidiary there, but how does a company regain the adrenaline rush of pulling off a transaction so big people need to stop and count the zeros? [More]

oracorac

Walgreens Will Sell Off Up To 1,000 Stores To Get Approval For Rite Aid Acquisition

When two companies in the same business want to merge, a common condition placed on the merger by authorities may be that one or both companies sell part of its business so there’s still some competition in the market. It looks likely that the Federal Trade Commission will approve the proposed merger of Walgreens Rite Aid, but Walgreens may have to give up more locations before the deal goes through. [More]

frankieleon

Office Depot CEO Roland Smith Stepping Down After Failed Staples Merger

The failed marriage of Office Depot and Staples has claimed another CEO. Nearly three months after Staples chief Ron Sargent made his sad exit, the Depot’s top exec Roland Smith announced his departure. [More]