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]

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]

AT&T, Time Warner Stock Prices Fall Slightly Amid Merger Skepticism

AT&T, Time Warner Stock Prices Fall Slightly Amid Merger Skepticism

Before the $85 billion merger of AT&T and Time Warner was official, it was already being decried by people in both presidential campaigns, consumer advocates, lawmakers, and former regulators. Amid this backlash to the news, both companies’ values have taken a bit of a ding today. [More]

Why AT&T Is Buying Time Warner, And Why So Many People Aren’t Happy About It

Why AT&T Is Buying Time Warner, And Why So Many People Aren’t Happy About It

The time from new rumor to signed deal was only about two days, and yet here we are: AT&T is putting the moves on Time Warner, planning to bring the content powerhouse under its roof. This proposal will now, of course, have to grind its way through the gears of government approval. But while this proposal is a giant deal for two giant companies, the name that’s likely to come up more than any other in all the comments back-and-forth is neither Time Warner nor AT&T, but rather a competitor: Comcast. [More]

AT&T Confirms $85 Billion Acquisition Of Time Warner Inc.

AT&T Confirms $85 Billion Acquisition Of Time Warner Inc.

After two days of “people close to situation” leaking information about a possible merger between AT&T and Time Warner Inc., the two companies have confirmed the deal which is valued at around $85 billion. [More]

Reports: Possible AT&T/Time Warner Merger Valued At $85 Billion

Reports: Possible AT&T/Time Warner Merger Valued At $85 Billion

This morning, the world woke to find out that AT&T and Time Warner were getting cozy and maybe thinking about moving in together. Now comes news that talks have heated up and that a nearly $90 billion deal could be in the offing. [More]

Nicholas Eckhart/smcgee

Report: Kroger Entertaining Idea Of Buying Whole Foods

The largest grocery store chain in the country could be getting a bit bigger and a lot more organic, as the rumor mill began churning that Kroger is exploring the idea of buying Whole Foods.  [More]

Tom Raftery

Report: Twitter Looking To Sell Itself — Maybe To Google

Twitter might be a hugely popular social media platform, but for all its influence and reach, the company is not exactly minting money.  So it may not come as a surprise that Twitter is once again the subject of merger rumors. [More]

Seventh Generation

Unilever Buys Seventh Generation. What About Honest Co.?

Days after Unilever was rumored to be discussing a deal to purchase The Honest Company — the line of household and personal care products co-founded by actress Jessica Alba — the company behind everything from Ben & Jerry’s to Vaseline added a different high-profile independent brand to its portfolio: The eco-friendly cleaning supply folks at Seventh Generation. [More]

Unilever Looking To Buy Jessica Alba’s Honest Co. For Around $1 Billion

Unilever Looking To Buy Jessica Alba’s Honest Co. For Around $1 Billion

Unilever  — the company behind everything from Ben & Jerry’s to Vaseline, and who recently spent a billion dollars to buy the Dollar Shave Club — has reportedly gone shopping for yet another high-profile independent brand. This time its Honest Co., the line of household and personal care products co-founded by actress Jessica Alba.
[More]

Me and the Sysop/Mike Mozart

Could AB InBev Try To Buy Coca-Cola To Create Beer & Soda Voltron?

After you’ve spent more than $100 billion to acquire your biggest competitor, what’s left? Sure, you can buy up that smaller business here and sell off this subsidiary there, but how does a company regain the adrenaline rush of pulling off a transaction so big people need to stop and count the zeros? [More]

Tom Simpson

Mondelez Abandons Bid To Create Snack-Candy Behemoth With Hershey Purchase

The residents of Hershey, PA, can breathe a sigh a relief today, as Mondelez — the owner of Nabisco and Cadbury — announced it would ditch its months-long bid to purchase the Hershey’s brand following several rebuffed offers by the chocolate giant. [More]

frankieleon

Office Depot CEO Roland Smith Stepping Down After Failed Staples Merger

The failed marriage of Office Depot and Staples has claimed another CEO. Nearly three months after Staples chief Ron Sargent made his sad exit, the Depot’s top exec Roland Smith announced his departure. [More]

jayRaz

China Okays Merger Of Former U.S. Beer Giants

The final country that needed to weigh in on the mega-merger of beer giants SABMiller and Anheuser-Busch InBev has given its blessing to the sudsy nuptials. This morning, Chinese regulators approved the deal, effectively clearing the road for the acquisition to move forward. [More]

Ray J./Morton Fox

Verizon Will Spend $4.8 Billion To Acquire Yahoo

Yahoo — home to all those email addresses you use for subscriptions you’d rather not have anyone else know about, and the Flickr account you probably haven’t updated since 2010 — will soon be under the same umbrella as former web 1.0 rival AOL, with Verizon agreeing to acquire the ancient online operation for $4.8 billion. [More]

Anheuser-Busch/SABMiller Mega-Merger Gets Justice Dept. OK, After Miller Agrees To Sell All U.S. Brands

Anheuser-Busch/SABMiller Mega-Merger Gets Justice Dept. OK, After Miller Agrees To Sell All U.S. Brands

The $107 billion (with a b) merger of beer titans Anheuser-Busch InBev and SABMiller has cleared a major hurdle today, with the U.S. Justice Department signing off on the merger — under the condition that Miller divest itself of all its remaining U.S.-based businesses. [More]

Mike Mozart

Why Danone Paid $10.4 Billion For Almond & Organic Milk Company

French food giant Danone already takes up plenty of supermarket dairy shelf space, with everyday brands like Dannon, Activia, and Oikos. So why is the company spending $10.4 billion to purchase WhiteWave, the American company behind organic brands like Silk almond milk, Horizon, and Earthbound?
[More]

Jeanette E. Spaghetti

Monsanto Looking At “Strategic Options” After Rejecting Bayer’s $62B Bid

A month after Monsanto deemed a $62 billion proposed merger bid from Bayer “financially inadequate,” the Missouri seed and pesticide giant is reportedly looking at its options after receiving less-than-stellar earning numbers.  [More]