There are reports coming out of Brazil that JetBlue founder David Neeleman is putting together an investment fund with the purpose of acquiring the company he left five years ago and merging it with his Brazilian startup carrier, but Neeleman says that’s all a lot of hot air. [More]
murders and executions
GrubHub And Seamless To Form Food Delivery Supercompany
By 5.20.13
GrubHub and Seamless Web are two of the biggest players in the growing online food-ordering industry, catering to those of us who would rather not deal with looking up menus then going through the ritual of reciting our orders over the phone. Today, the two companies announced their intent to merge and save people the hassle of having to toggle between the two sites when they can’t decide what to order. [More]
SoftBank Says It, And Not Dish, Deserves The Final Rose From Bachelor Sprint
By 4.16.13
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]
A-B InBev Inches Closer To Dominating Boring Beer Market
By 4.8.13
Though Anheuser-Busch InBev may have failed in its Worst Company In America battle against Electronic Arts, the beer behemoth is getting much closer to owning even more big-name beer brands, saying it has reached an agreement in principle with the Dept. of Justice that would allow it to acquire the rest of Mexico’s Grupo Modelo. [More]
Bankruptcy Court Signs Off On US Airways/American Merger, But Not On $20 Million Payout To Outgoing CEO
By 3.28.13
Yet another hurdle in the race to the altar for American Airlines and US Airways has been cleared, with the bankruptcy court giving its blessing on the matter, but reserving judgment on a proposed $19.9 million payout to outgoing CEO Tom Horton. [More]
American Airlines Trustee Looks At $20 Million Payout To Outgoing CEO, Says There’s Some Explaining To Do
By 3.18.13
Though so much of the news about American Airlines has been about its impending nuptials to more financially stable suitor US Airways, let’s not forget that the airline is still clawing its way out of bankruptcy protection. Which is why the trustee put in charge of this process thinks someone should have to explain why outgoing the American CEO is being rewarded to the tune of $19.9 million. [More]
Looks Like DOJ Is A-OK With T-Mobile/MetroPCS Merger
By 3.6.13
The proposed marriage of underdog T-Mobile and upstart MetroPCS is one step closer to the altar today, as the Justice Dept. was given the chance to speak out against the merger but appears to have decided to forever hold its peace. [More]
DOJ Tells Anheuser-Busch It’s Had Enough To Drink & Should Put Down That Grupo Modelo
By 1.31.13
Last summer, Anheuser-Busch InBev NV continued its attempt to buy every beer in the bar by buying a controlling interest in Grupo Modelo, the folks behind Corona, Modelo, and Pacifico, among others. But today, the Justice Dept. decided that AB InBev might be getting too drunk on beer company acquisitions. [More]
AT&T To Buy Alltel — Wait, Didn’t Verizon Already Buy Alltel?
By 1.22.13
Earlier today, it was announced that AT&T would buy up Alltel’s U.S. wireless service for $780 million, leading many to wonder how AT&T is buying a company that was already purchased by Verizon a few years back. [More]
US Airways Already Asked American To Get Married Back In April
By 1.15.13
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]
Will A T-Mobile/MetroPCS Wedding Be Good Or Bad For Consumers?
By 10.3.12
If you’ve been to enough weddings, you’ve inevitably sat through some nuptials that you knew would only result in bratty kids and constant bickering. So now that T-Mobile and MetroPCS want to take their brief love affair to the next level, it’s time to start thinking about whether this marriage deserves a blessing or an intervention. [More]
T-Mobile Moving On From AT&T Affair, Now Wooing MetroPCS
By 10.2.12
Almost a year after the FCC and DOJ came running up the aisle of the AT&T/T-Mobile wedding, offering up numerous reasons why the couple should not be wed, T-Mobile is already updating its OKcupid profile and going out on coffee dates with a younger, less-experienced beau: MetroPCS. [More]
Hertz To Buy Dollar Thrifty… For Real This Time
By 8.27.12
This is like one of those romantic comedies where a couple makes it oh-so-close to the altar only to break up, then spends years realizing that they made a mistake and they should get hitched, have babies and move to Connecticut… Except it’s about two rental car companies, so it’s even sexier. [More]
Ousted Duke Energy CEO Says He Had No Idea He’d Only Have The Job For 20 Minutes
By 7.19.12
Earlier this month, Bill Johnson enjoyed one of the shortest — and most lucrative, in dollars/hour — terms as CEO in U.S. history, as he was ousted from his new position at Duke Energy after only a few minutes on the job. Earlier today, Johnson explained to regulators that his brief time on the job was just as surprising to him as it was to the rest of the world. [More]
U.S. Airways CEO Really Wants To Get His Merge On With American Airlines
By 4.20.12
To date, the folks at U.S. Airways have been quite coy about their intentions regarding a possible marriage to struggling-but-adorable American Airlines, saying things like “we’re not opposed,” and that they “wouldn’t rule it out,” but all that double talk may have ended with the latest hot-and-heavy chatter from U.S. Airways’ CEO. [More]
Facebook Loves Instagram So Much, It's Buying The Company For $1 Billion
By 4.9.12
Since it seems like most everyone’s Instragram photos end up in their Facebook stream, it just makes sense for the huge website to snap up the company behind the photo-sharing app for the princely sum of $1 billion. [More]
American Airlines CEO Plays Coy On Merger Possibilities
By 3.16.12
Even though U.S. Airways has made it known to struggling American Airlines that it would like to go on a few dates — only coffee, maybe a drink or two; no heavy petting — its bankrupt object of affection may not be rushing to the altar. [More]
Have New Domain Names Outed U.S. Airways & American Airlines' Merger Plans?
By 3.12.12
This is like finding out your friend is getting married because you inadvertently see them browsing for reception halls or wedding DJs. If a slew of recently registered website domain names are to be believed, the much-hinted merger between American Airlines and U.S. Airways might be closer to reality than merely mulling over a dream pre-nup. [More]
