If you’ve been to enough weddings, you’ve inevitably sat through some nuptials that you knew would only result in bratty kids and constant bickering. So now that T-Mobile and MetroPCS want to take their brief love affair to the next level, it’s time to start thinking about whether this marriage deserves a blessing or an intervention. [More]
mergers and acquisitions
T-Mobile Moving On From AT&T Affair, Now Wooing MetroPCS
By 10.2.12
Almost a year after the FCC and DOJ came running up the aisle of the AT&T/T-Mobile wedding, offering up numerous reasons why the couple should not be wed, T-Mobile is already updating its OKcupid profile and going out on coffee dates with a younger, less-experienced beau: MetroPCS. [More]
Hertz To Buy Dollar Thrifty… For Real This Time
By 8.27.12
This is like one of those romantic comedies where a couple makes it oh-so-close to the altar only to break up, then spends years realizing that they made a mistake and they should get hitched, have babies and move to Connecticut… Except it’s about two rental car companies, so it’s even sexier. [More]
Ousted Duke Energy CEO Says He Had No Idea He’d Only Have The Job For 20 Minutes
By 7.19.12
Earlier this month, Bill Johnson enjoyed one of the shortest — and most lucrative, in dollars/hour — terms as CEO in U.S. history, as he was ousted from his new position at Duke Energy after only a few minutes on the job. Earlier today, Johnson explained to regulators that his brief time on the job was just as surprising to him as it was to the rest of the world. [More]
Sprint Sets Nextel Execution Date: June 30, 2013
By 5.30.12
Remember 2004-2005? Let’s go back there now… Remember… back when people still thought Revenge of the Sith was going to redeem the prequels… Ok, let’s not remember, it’s too painful. Anyway, in late 2004, Sprint and Nextel announced a “merger of equals.” And now, after billions of dollars in mistakes, they’ve finally announced that Nextel will officially die on June 30, 2013. What does this mean for Nextel customers? Yes, apparently they still exist! [More]
U.S. Airways CEO Really Wants To Get His Merge On With American Airlines
By 4.20.12
To date, the folks at U.S. Airways have been quite coy about their intentions regarding a possible marriage to struggling-but-adorable American Airlines, saying things like “we’re not opposed,” and that they “wouldn’t rule it out,” but all that double talk may have ended with the latest hot-and-heavy chatter from U.S. Airways’ CEO. [More]
Facebook Loves Instagram So Much, It's Buying The Company For $1 Billion
By 4.9.12
Since it seems like most everyone’s Instragram photos end up in their Facebook stream, it just makes sense for the huge website to snap up the company behind the photo-sharing app for the princely sum of $1 billion. [More]
American Airlines CEO Plays Coy On Merger Possibilities
By 3.16.12
Even though U.S. Airways has made it known to struggling American Airlines that it would like to go on a few dates — only coffee, maybe a drink or two; no heavy petting — its bankrupt object of affection may not be rushing to the altar. [More]
Have New Domain Names Outed U.S. Airways & American Airlines' Merger Plans?
By 3.12.12
This is like finding out your friend is getting married because you inadvertently see them browsing for reception halls or wedding DJs. If a slew of recently registered website domain names are to be believed, the much-hinted merger between American Airlines and U.S. Airways might be closer to reality than merely mulling over a dream pre-nup. [More]
U.S. Airways Confirms It's Out To Woo American Airlines
By 1.25.12
Late last week, it was revealed that U.S. Airways was checking out American Airlines’ OKcupid profile in the hope the two could go on a nice coffee date and maybe get married and have a bunch of kids and a huge house in the suburbs. At the time U.S. Airways, who got burned a couple years back after getting hot-and-heavy with United, played coy about its intentions. But today the carrier is being more open about its amorous intentions. [More]
Report: U.S. Airways Once Again Considering A Merger Marriage, This Time With American
By 1.23.12
It hasn’t even been two years since U.S. Airways called off its pre-nuptial pillow talk with United Airlines, opting instead to remain single. And while it hasn’t rebounded as quickly as its spurned beau, who ran off with that Continental cad only a few shot months later, a new report says that U.S. Airlines is considering the possibility of a happily ever after ending with American Airlines. [More]
AT&T Cries "Uncle," Pulls Plug On Plan To Buy T-Mobile
By 12.19.11
Faced with regulatory hurdles too tall for it to leap, AT&T has announced that it has pulled the plug on its proposed plan to purchase T-Mobile USA from Deutsche Telekom for $39 billion. [More]
AT&T Mulling Over Revisions To T-Mobile Deal To Appease Regulators
By 12.12.11
We’re guessing that when AT&T announced it was going to buy T-Mobile USA for $39 billion that it didn’t expect the deal would receive such jeers from the regulators at the Justice Dept. or the FCC. But with the former ready to go to trial to block the merger and the latter saying it will hold its own hearing if the DOJ fails, AT&T now appears to be looking at the Darth in the mirror. [More]
AT&T Pulls FCC Application For T-Mobile Merger
By 11.24.11
Two days after the FCC announced it intends to hold a rare administrative hearing on AT&T’s proposed purchase of T-Mobile USA, the folks at the Death Star have decided to pull their merger application to the regulator, at least until the end of its legal battle with the Dept. of Justice. [More]
FCC To Add Yet Another Speed Bump To AT&T/T-Mobile Deal
By 11.22.11
While we all wait for the legal fireworks that are sure to come from the Justice Department’s lawsuit to stop the AT&T purchase of T-Mobile, the folks at the Federal Communications Commission are reportedly looking to hold an administrative hearing on the deal, which could make things even more difficult for the merger. [More]
Judge: Sprint Can Sue AT&T Over T-Mobile Merger
By 11.3.11
After their meet cute, AT&T and T-Mobile USA are suffering a long sequence of misunderstandings and obstacles in the romantic comedy that is their attempted merger. The latest speed bump in the path to everlasting togetherness comes from a ruling by a federal judge that Sprint and regional cell phone service provider C Spire Wireless are free to sue the Death Star. [More]
AT&T Tries To Boot Sprint Suit From T-Mobile Hearing
By 10.24.11
Today AT&T is going to ask the Federal judge to toss out Sprint’s lawsuit seeking to stop it from buying up T-Mobile. [More]
