mergers and acquisitions

Federal Judge Blocks $37 Billion Merger Of Aetna & Humana

Federal Judge Blocks $37 Billion Merger Of Aetna & Humana

Six months after the U.S. Department of Justice and attorneys general from eight states and the District of Columbia sued to stop the merger of insurance giants Aetna and Humana, the federal judge in the case has blocked the deal from moving forward. [More]

Verizon Reportedly Interested In Buying Comcast Or Other Big Cable Company

Verizon Reportedly Interested In Buying Comcast Or Other Big Cable Company

AT&T has been on a buying spree in the last two years, first snatching up DirecTV and its more than 20 million customers, and now trying to acquire the massive Time Warner media empire. The company’s nemeses at Verizon apparently have acquisition envy, and are mulling over a purchase of a cable biggie like Comcast or Charter. [More]

MarteaDesignCo

British American Tobacco Actually Buying Reynolds For Real This Time, For $49 Billion

It looks like the end of a months-long, will they-won’t they saga is finally drawing to a close: North-Carolina based R.J. Reynolds American has finally agreed to let British American Tobacco buy out the remaining part of the company it doesn’t already own for $49 billion. [More]

AT&T Thinks It Might Be Able To Avoid FCC Review Of Time Warner Merger

AT&T Thinks It Might Be Able To Avoid FCC Review Of Time Warner Merger

A merger of the nation’s largest pay-TV provider (and second-largest wireless service provider) and a major multimedia conglomerate with multiple cable channels might seem like a gimme for review by the Federal Communications Commission, but AT&T now thinks it may be able to avoid or minimize scrutiny from the agency in its efforts to acquire Time Warner. [More]

Jeepers Media

Verizon Executive: Company Still Doesn’t Know If It’ll Go Through With Yahoo Deal

It’s been a few months of “will-they-won’t-they?” with everyone (okay, some people) wondering whether or not Verizon will go through with the $4.8 billion deal to buy Yahoo after not one, but two massive email breaches. Now, a Verizon executive is admitting that the company isn’t sure what’s going to happen. [More]

Comcast

Comcast Snaps Up Watchwith So It Can Tell You What’s Happening Inside Your Show

It doesn’t seem like much of a story, at first: a giant tech conglomerate has quietly acquired a smaller, newer company that does things kind of like what the big company already does. It’s basically the story of the entire 21st century world of tech in a nutshell. But with every new set of players comes a new set of concerns. [More]

Mike Mozart

Will Massive Data Breaches Lead Verizon To Dump Yahoo?

While Yahoo has been grabbing headlines lately for its most recent data breach — one that affected more than one billion users — what about that other big story involving Yahoo, the one where Verizon Communications was preparing to buy the company’s internet business? [More]

Fred's

Rite-Aid Selling 865 Stores To Fred’s For $950 Million

What to do, what to do, when you’re merging and want to be the biggest without being too big? Divest, of course. And that’s where Rite-Aid finds itself today: in order to sell itself to Walgreens and allow their onetime-competitor to become the biggest drugstore chain in the country, it’s ready to shed several hundred stores to build a new third-place competitor. [More]

AT&T CEO: Letting Us Buy Time Warner Will “Disrupt” TV, Be “Good For Consumers”

AT&T CEO: Letting Us Buy Time Warner Will “Disrupt” TV, Be “Good For Consumers”

When AT&T announced in October that it would spend $85 billion to acquire Time Warner, the plan was met with strong headwinds right out of the gate. A surprisingly broad array of lawmakers, from both sides of the political aisle, immediately voiced concerns. Among the concerned parties? The Senate Judiciary Committee, which today held a hearing examining the impact on competition, and potential antitrust concerns, the merger could raise. [More]

Mike Mozart

Report: Albertsons In Talks To Acquire Price Chopper, Expand To More States

According to those ever-mysterious “people familiar with the matter,” the northeastern grocery chain Price Chopper is in “advanced talks” with national chain Albertsons in an acquisition deal. The acquisition could still fall through, but it would mean that the closely held grocer could have a new owner after more than 80 years as a mostly family-run company. [More]

Ben Roffelsen Photography

Giddy Investors Already ‘shipping Comcast, Verizon, Sprint, T-Mobile Mergers Under Trump Administration

This is shocking, we know, but: big businesses really like to make money. And when you’re already as huge as, say Comcast, one of the best ways to make oodles more money is to snap up another company and start raking in its revenues, too. Could Comcast snap up Verizon? Charter grab Sprint? At least one tech stock analyst thinks that deals like this, which might sound outlandish today, could be on the table soon. [More]

PRNewsFoto/PepsiCo

PepsiCo Announces Purchase Of Kombucha Company KeVita

For the second time today, a giant soda company has announced an acquisition of a smaller company that makes drinks that are a lot less sugary. Earlier today, it was Dr Pepper Snapple spending $1.7 billion on flavored water maker Bai Brands. Now comes news that PepsiCo is acquiring KeVita, a brand known for its kombucha offerings. [More]

FanDuel & DraftKings To Merge In Daily Fantasy Wedding

FanDuel & DraftKings To Merge In Daily Fantasy Wedding

After months of speculation and denials about a possible merger, the two biggest names in daily fantasy sports — DraftKings and FanDuel — have finally confirmed that they are indeed getting hitched. [More]

Twitter May Sell Vine For Cheap Instead Of Closing It Down

Twitter May Sell Vine For Cheap Instead Of Closing It Down

A few weeks ago, Twitter upset creators and fans of its six-second looping video service, Vine, by announcing its plans to close down the app. That may not be the case, though: there are reportedly some suitors that want to take Vine off Twitter’s hands for a low price and keep it alive. [More]

Consumerist | Sen. Ron Wyden speaking in March, 2016

Senator Concerned AT&T/Time Warner Merger May Create Net Neutrality Violations

Well, that didn’t take long: Although the formal paperwork to make the AT&T / Time Warner merger happen hasn’t yet been filed anywhere for review and approval, several lawmakers have already been out in front of it voicing their sternest disapproval. Joining the club today? Sen. Ron Wyden (OR), who’s asking the FCC to please think of net neutrality, and consumers, when it comes time for merger review. [More]

Rumors Of DraftKings & FanDuel Merger Heat Up Again

Rumors Of DraftKings & FanDuel Merger Heat Up Again

Nearly four months after DraftKings and FanDuel shot down rumors they were considering a merger, those “people familiar with the situation” are once again whispering about wedding bells between the two largest players in the daily fantasy sports industry. [More]

CenturyLink

CenturyLink Snapping Up Level 3 For $34 Billion To Make Internet Service Voltron

Boo! If you think mergers and acquisitions are scary, than two huge companies have a special Halloween morning treat for you: CenturyLink and Level 3 announced this morning that the former is acquiring the latter for $34 billion. [More]

Yahoo

Verizon Executive: We’re Still Waiting For More Info On Yahoo Breach

Yahoo’s data breach affecting the accounts of half a billion customers will probably have an effect on its pending acquisition by Verizon, and that effect will be a “material” one that will affect how much Verizon pays. A Verizon executive explained at a technology conference today that the company still needs more information about the hack before tying the knot. [More]