Verizon CFO: Sure, We’d Be Interested In Buying Yahoo’s Web Business

Verizon CFO: Sure, We’d Be Interested In Buying Yahoo’s Web Business

After reports swirled last week that Verizon might be in the mood to go shopping in the Internet company aisle, the company’s chief financial officer says it could possibly be interested in buying Yahoo’s web businessif Yahoo is selling and if a deal made sense. [More]

Verizon Tops List Of Potential Buyers For Yahoo’s Internet Business

Verizon Tops List Of Potential Buyers For Yahoo’s Internet Business

While you may not have checked your old Yahoo Mail account since before the recession, the Web 1.0 relic continues to exist. And now that Yahoo’s board may be looking to sell off the portion of the business that most people associate with the company, a number of potential buyers are licking their chops at getting some piece of the meal. [More]

Yahoo Considers Getting Out Of The Internet Business

Yahoo Considers Getting Out Of The Internet Business

Yahoo, one of the few remaining old guard Internet biggies still standing, has been trying to reinvigorate its business in the last few years, even spending oodles of cash in an effort to stake claims in the streaming video and daily fantasy sports markets. But so far, consumers have responded with a shrug and the company’s stock price has continued to fall since the beginning of 2015. That’s why the Yahoo board will reportedly be looking into the possibility of getting out of this whole “Internet” thing. [More]

Pfizer To Buy Allergan For $160B, Create World’s Largest Drug Company

Pfizer To Buy Allergan For $160B, Create World’s Largest Drug Company

If the giant pharmaceutical companies of the world seem quite big enough to you already, well, that just means you probably aren’t a major investor in or CEO of one. But the major investors and CEOs do think bigger is better, and so to that end two of them are merging to create an even bigger drug behemoth and take it overseas.

[More]

Anheuser-Busch InBev, SABMiller Finalize Merger, Agree To Sell MillersCoors Brand To Molson For $12B

Anheuser-Busch InBev, SABMiller Finalize Merger, Agree To Sell MillersCoors Brand To Molson For $12B

After receiving more time to finalize its offer to acquire SABMiller, Anheuser-Busch InBev made a formal $107 billion bid for the company on Wednesday. The deal includes a record $75 billion loan and confirms the anticipated divestiture of SABMiller’s stake in its largest brand: MillerCoors.  [More]

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]