If Walgreens And Rite Aid Merge, Thousands Of Stores Might Close

If Walgreens And Rite Aid Merge, Thousands Of Stores Might Close

Last week, Walgreens Boots Alliance, the parent company of this country’s top drugstore chain, announced that pending antitrust approval, it would buy the #3 chain, Rite Aid, for $9.4 billion. That would create two massive national drugstore chains, and also leave a lot of empty stores. One estimate is that 3,000 stores would close… not necessarily for antitrust reasons, but because the stores are simply too close together. [More]

(1nelly)

Report: Bass Pro Shops Considers Acquiring Cabela’s

If you’re not an outdoorsy type, it’s understandable that you might think Cabela’s and Bass Pro Shops are the same store. They’re both big-box stores that are almost more of a tourist destination than a place to shop. Maybe you won’t have to stop and figure out what the difference is: the privately held Bass Pro Shops is considering taking over its publicly traded rival. [More]

(hildeaux)

Expedia To Buy Vacation Rental Site HomeAway For $3.9B

Just two months after Expedia completed its last big purchase, the travel-booking enterprise has hit the market again, offering $3.9 billion to buy vacation rental company HomeAway.  [More]

Charter/Time Warner Cable Merger Plan Great For Everyone, According To Charter

Charter/Time Warner Cable Merger Plan Great For Everyone, According To Charter

A couple of weeks ago, the FCC collected everyone’s comments about why Charter should or should not be allowed to go through with buying Time Warner Cable and Bright House Networks in one massive merger. The next step in the process is for Charter to get to respond as to why they think the yea-sayers are right and the nay-sayers are wrong, and they submitted that response this week.

[More]

Anheuser-Busch InBev Gets More Time To Finalize Mega Beer Merger Offer

Anheuser-Busch InBev Gets More Time To Finalize Mega Beer Merger Offer

Anheuser-Busch InBev — the Belgian-Brazilian maker of “America’s beer” — was supposed to finalize its offer to acquire SABMiller by Oct. 14. That deadline was extended until this afternoon, but just like that really wealthy international student at college who never seemed to get his work done on time, AB InBev has been granted another extension. [More]

What Key Players Are Telling The FCC About The Charter / Time Warner Cable Merger

What Key Players Are Telling The FCC About The Charter / Time Warner Cable Merger

The three-way Charter/Time Warner Cable/Bright House merger hit one of its major milestones this week, as the first deadline for filing comments with the FCC has come and gone. As one might expect, consumer advocates and competing businesses are less than thrilled with the major merger plan.

[More]

Budweiser & Miller Inch Closer To Altar With Agreement On $104.2B Deal

Budweiser & Miller Inch Closer To Altar With Agreement On $104.2B Deal

Last week, leadership at beer giant SABMiller was not thrilled with Anheuser-Busch InBev’s official marriage proposal, saying it “substantially” undervalued the company. But today Miller announced that the boards of both companies had reached an agreement on principle for a merger valued at $104.2 billion. [More]

Broadcasters Ask FCC To Halt Merger Of Time Warner Cable & Charter

Broadcasters Ask FCC To Halt Merger Of Time Warner Cable & Charter

While Time Warner Cable’s current merger à trois with Charter and Bright House is getting significantly less attention than TWC’s recent failed fling with Comcast, but these nuptials aren’t without their detractors. [More]

By acquiring SABMiller, InBev would gain significant market share in Africa, where beer sales are expected to grow in the coming years. To do that, the merged companies would likely have to divest themselves of holdings in the U.S., where the control a combined 70% of the beer market.

Budweiser Maker Officially Offers $104 Billion To Buy Miller

After SABMiller rejected a $100 billion takeover offer from Anheuser-Busch InBev, the world’s biggest beer company has come forward with a sweeter offer of $104 billion. [More]

Miller Reportedly Turns Down $100B Takeover Offer From Anheuser-Busch

Miller Reportedly Turns Down $100B Takeover Offer From Anheuser-Busch

With the deadline of Oct. 14 looming for Anheuser-Busch InBev to make a firm offer to acquire fellow beer biggie SABMiller, a new report says that the company’s early informal suggestion of “Hey, what do you guys think of $100 billion?” was turned away for being too low. [More]

Report: PetSmart Considering Adopting Petco, Buying It A Leash And Collar

(Mike Mozart)

Petco and PetSmart are the two largest pet retailers in the United States: about 50% of all money spent in pet stores nationwide goes to one of the two chains. The two companies have given each other a good sniff and considered merging in the past, but after some changes of ownership are considering it again. [More]

Completion Of $1.6B Orbitz, Expedia Merger Further Whittles Down Online Travel Agency Options

Completion Of $1.6B Orbitz, Expedia Merger Further Whittles Down Online Travel Agency Options

Despite the protests from the leading hotel industry group that a merger between Expedia and Orbitz would concentrate too much of the travel-booking market in one company’s hands – leading to fewer choices for consumers – the two companies have received regulatory approval and completed their $1.6 billion marriage today. [More]

Cablevision Agrees To Sell Itself For $18 Billion To European Telecom Giant Altice

Cablevision Agrees To Sell Itself For $18 Billion To European Telecom Giant Altice

While most U.S. cable/Internet operators have been looking at their fellow Americans as merger partners, New York-based Cablevision has made a $17.7 billion deal to sell itself to Altice, a Netherlands-based telecom titan. [More]

Anheuser-Busch InBev Asks Miller To Consider Taking Its Hand In Merger Marriage

Anheuser-Busch InBev Asks Miller To Consider Taking Its Hand In Merger Marriage

It’s a mega-merger that’s been hinted at for years, but today it moved out of the realm of “people close to the situation” and into an an actual confirmation from Anheuser-Busch InBev that it has talked to the folks at SABMiller about combining the two beer giants into an even larger beer titan. [More]

Comcast CFO Says Failure Of Time Warner Cable Merger Is “Blessing In Disguise”

Comcast CFO Says Failure Of Time Warner Cable Merger Is “Blessing In Disguise”

Comcast spent a year and a half, and untold millions, pushing for regulators to approve its $45 billion acquisition of Time Warner Cable. And then, when regulators said they would try to block the deal, the mega-merger evaporated. You might expect Comcast executives would still be stewing about their failed attempt to take over most of the cable and broadband service for both New York and Los Angeles, but at least one C-level suit at the company is trying to put it behind him. [More]

Hotel Industry Comes Out Against Merger Of Expedia & Orbitz

Hotel Industry Comes Out Against Merger Of Expedia & Orbitz

You might think of Expedia, Hotels.com, Hotwire, Travelocity, and Trivago as competitors in the online travel-booking business, but most people probably don’t know that all of these brands fall under the Expedia Inc. ownership umbrella. And so will Orbitz if the pending $1.6 billion merger of the two companies is approved. The leading hotel industry trade group says that this consolidation has gone too far. [More]

jbjelloid

Adidas Group Pays $240 Million To Download Runtastic Forever

Earlier this year, fitness gear maker Under Armour bought fitness-tracking apps MyFitnessPal and Endomodo for a total of $560 million. Now Adidas has decided to keep up with its competitor by downloading its own set of fitness apps, buying the eighteen apps in the Runtastic family for about $240 million. [More]

Comcast Reportedly Looking To Buy Vice Media, Or Maybe BuzzFeed, Or Maybe Vox…

Comcast Reportedly Looking To Buy Vice Media, Or Maybe BuzzFeed, Or Maybe Vox…

Now that Comcast is done crying itself to sleep every night about its forced breakup with merger partner Time Warner Cable, the company is getting back to doing what it does best: No, not providing adequate cable/Internet service (don’t be silly!), but acquiring other businesses. [More]