Companies of all shapes and sizes hoping to complete million-dollar mergers often face some tough questions from U.S. regulators. The process is no different for the less-talked about industries, like movie theater ad companies (you know, the companies responsible for making you sit through commercials before a seeing a movie?). And so, the U.S. Justice Department filed a lawsuit to stop the $375 million merger of the industry’s two biggest players, National CineMedia Inc and Screenvision LLC.
mergers and acquistions
While it has looked for months like Sprint and Japanese telecom titan SoftBank only had eyes for each other and were mere months away from wedded bliss, that pesky Charlie Ergen at Dish decided to come on strong, making his own $25.5 billion case yesterday for why Sprint and his company should elope. Not wanting to be the one left jilted at the final rose ceremony, SoftBank is firing back. [More]
While we’ve all been waiting, handkerchiefs at the ready, for the scene in which US Airways gets down on bended knee and asks poor, down-on-its-luck American Airlines for its hand in marriage, comes a report that the whole scene apparently went down — unsuccessfully — back in April 2012. [More]
Reader Matthew writes in to tell us that Delta at Minneapolis/St. Paul airport is “still in Beta.” The employees all wear the same uniform, but they still work for different airlines — sorta.