FCC Officially Gives Green Light To Merger Of Time Warner Cable & Charter

FCC Officially Gives Green Light To Merger Of Time Warner Cable & Charter

A couple weeks back, both the FCC and the Justice Department made it clear that they were not going to challenge the massive merger of Time Warner Cable, Charter Communications (and the third wheel of the merger á trois Bright House) after putting some conditions on the deal. Today, the FCC officially confirmed that it has given its blessing to this marriage of inconvenience. [More]

Neff Conner

Owner Of Radisson Hotel Chain Purchased By Chinese Conglomerate

Just weeks after China’a Anbang Insurance Group bowed out of its bid for the Starwood Hotel brand, another Chinese hotel group has gobbled up a different group: Carlson Hotels, the operator of the Radisson chain.  [More]

Comcast Reportedly Looking To Buy DreamWorks Animation For $3B

Comcast Reportedly Looking To Buy DreamWorks Animation For $3B

Comcast already owns a mammoth cable/broadband company, a major TV and cable TV network, amusement parks, and a movie/TV/video production and distribution company responsible for money machines like Jurassic World and the Despicable Me/Minions movies. But that’s not enough, apparently. The boys and girls from Kabletown are also looking to add DreamWorks Animation to their shelf. [More]

5 Things You Should Know About The Approved Merger Of Time Warner Cable & Charter

5 Things You Should Know About The Approved Merger Of Time Warner Cable & Charter

Earlier today — almost exactly a year after rejecting the merger of Time Warner Cable and Comcast — both the FCC and the Justice Department gave their blessing to the marriage of TWC and Charter. But what does that really mean for the millions of consumers who will be affected by the merger? [More]

(Mike Mozart)

Sherwin-Williams Buys Valspar For $11.3B, Will Really Cover The Earth

Simply walking past the paint aisle at your local home improvement store is enough to make many hearts race and palms go sweaty — what with all the choices. But those walls of swatches might belie the fact that many of those paint brands are owned by the same companies — and that industry could consolidate even further now that Sherwin-Williams has agreed to put itself in the mixing stand with Valspar for $11.3 billion. [More]

Alan Rappa

Amazon Officially In the Air Freight Business; Acquires 10% Stake In Cargo Partner

Only weeks after making a deal with cargo company Air Transport Services Group (ATSG) to lease a fleet of 20 planes to use for shipping packages, Amazon is now a part owner of the company. [More]

(arubabeaches)

Marriott Beefs Up Bid, Buys Starwood Hotels For $13.6 Billion

Momentum in the tug-of-war over Starwood Hotels — home to brands like Sheraton, St. Regis, Westin, and W — has shifted once again. Only days after China’s Anbang Insurance appeared destined to win with its “superior proposal,” Marriott managed to dig deep with the help of a few billion additional dollars.

[More]

Freaktography

Starwood Backs Away From Marriott Deal After New Buyer Offers $13.2B

Earlier this week, it looked like the $12 billion acquisition of Starwood Hotels — which includes brands like Sheraton, St. Regis, Westin, and W — by Marriott was in doubt after last-minute interest from China-based Anbang Insurance Group. Today, there is no doubt; that original deal is dead and Starwood is going with the higher offer from Anbang. [More]

(s'kat)

Fresh Market Sold To Private Equity Firm, Apollo Global, For $1.36B

Specialty grocery chain Fresh Market is starting the week with a new owner: Apollo Management Group agreed to acquire the chain for about $1.36 billion in cash over the weekend.  [More]

(Muhammad Sameer)

General Motors Acquires Self-Driving Car Startup

Two months after General Motors unveiled a $500 million investment in Lyft, the mustachioed ride-hailing service, with the hopes of one day providing the masses with rides in a self-driving fleet, the carmaker has taken a step that might help it realize that goal: acquiring self-driving vehicle startup Cruise Automation.  [More]

Facebook Buys Photo Filter App To Compete With Snapchat’s Puking Rainbow

Facebook Buys Photo Filter App To Compete With Snapchat’s Puking Rainbow

Your friends’ posts on Facebook are about to get a bit more cartoon-like now that the social media company has acquired selfie-altering startup Masquerade Technologies.  [More]

Mike Mozart

Sagging Sports Authority May Sell Stores To Dick’s

Last week, it was reported that Sports Authority is preparing to file for Chapter 11 bankruptcy protection in the hope of restructuring its business and shedding hundreds of million in debt. Now comes news that this rebuild may involve selling some of its retail locations to competitors like Dick’s Sporting Goods. [More]

(Allison)/
(The Joy Of The Mundane)

Hasbro, Mattel Reportedly Talking About Making One Big Toy Company To End All Others

Imagine a world where G.I. Joe marries Barbie (or Ken) and then they both drive off in their Hot Wheels car to their My Little Pony ranch — and all these products come from the same company. It’s a possibility, with Mattel and Hasbro reportedly chatting about merging the contents of their respective toy chests.
[More]

CVS Unveils First Store-Within-Store Pharmacies At Target

CVS Unveils First Store-Within-Store Pharmacies At Target

Target customers will soon see what $1.9 billion can buy, as CVS has officially started rebranding the big box store’s pharmacies into its own mini drugstores.  [More]

Univision Reportedly Buys Controlling Slice Of The Onion

Univision Reportedly Buys Controlling Slice Of The Onion

Why should Comcast have all the fun buying up new media products? Univision Communications –parent company of the Univision TV network and dozens of other radio and TV stations — has reportedly snapped up a controlling stake in Onion Inc. [More]

(frankieleon)

Icahn Reportedly Wins Pep Boys Bidding Battle For $1B; Bridgestone Leaves Race

And just like that, it appears the auto parts retailer love triangle has ended: Bridgestone, the one-time preferred suitor of Pep Boy, reportedly bowed out of the months-long bidding war with Icahn Enterprises.  [More]

Auto Parts Retailer Love Triangle Reaches $1B With Icahn Once Again Topping Bridgestone In Bid For Pep Boys

Auto Parts Retailer Love Triangle Reaches $1B With Icahn Once Again Topping Bridgestone In Bid For Pep Boys

The auto parts retailer love triangle continues to take new twists and turns as the year comes to an end, with Icahn Enterprises once again upping the ante – to the tune of $1 billion – in its bid to steal Pep Boys away from suitor Bridgestone.  [More]

Anheuser-Busch Buys Breckenridge Brewery, Third Craft Brewer In One Week

Anheuser-Busch Buys Breckenridge Brewery, Third Craft Brewer In One Week

As if the pending $107 billion merger with SABMiller wasn’t enough of a portfolio boost for Anheuser-Busch InBev, the beer giant has purchased not one, but three craft brewers in the last week. The company’s most recent holiday gift for itself is Breckenridge Brewing of Colorado. [More]