(johannesmarder)

The Bidding War Is Over: China’s Anbang Insurance Drops Pursuit Of Starwood Hotels

Just three weeks after crashing Marriott’s party and throwing billions of dollars in the ring to take over Starwood Hotels — the operator of brands like Sheraton, St. Regis, Westin, and W — China’s Anbang Insurance Group packed up its bids and decided to go home, leaving Marriott and its $13.25 billion to be crowned the merger winner.  [More]

Earth2Kim

Virgin America Reportedly Gets Takeover Bids From JetBlue, Alaska Airlines

Well that was fast. Less than a week after Virgin America realized it was a pretty hot commodity and said it would consider putting itself up for sale, the company has reportedly received not one, but two takeover bids from rival airlines.  [More]

boogie_man

Bidding War Continues: China’s Anbang Insurance Offers $14B For Starwood Hotels

Just when you thought $13.6 billion was enough to put an end to the bidding war for Starwood Hotels — home to brands like Sheraton, St. Regis, Westin, and W — and crown Marriott the victor, the other suitor, China’s Anbang Insurance Group, comes back to sweeten the deal with an offer of $14 billion. [More]

Eric Hauser

Report: Verizon Exploring Acquisition Or Joint Venture With AOL

The first major marriage of two companies in 2015 may be taking shape just five days into the new year after reports surfaced Monday that Verizon Communications has approached AOL about a possible joint venture or acquisition. [More]

(David Buchwald)

Olive Garden Overhaul: Darden Loses Board Seats To Breadstick Police Investors

There might be fewer breadsticks in the basket next time you visit Olive Garden. Okay, fine we don’t really know if that’s true, but we do know that Darden Restaurant Inc., the parent company of the Italian restaurant, lost all of its board seats to investors turned breadstick police Starboard Value LP today. [More]

Tyson Foods Makes A Play For Hillshire Brands With $6.8B Offer

Tyson Foods Makes A Play For Hillshire Brands With $6.8B Offer

There’s a meaty war brewin: just two days after Pilgrim’s Pride made a bid to take over Hillshire Brands, Tyson Foods crashed the party and upped the stakes with a bid of its own. [More]

Pilgrim’s Pride Makes Move To Purchase Hillshire Brands For $6.4B

Pilgrim’s Pride Makes Move To Purchase Hillshire Brands For $6.4B

What do you get when you combine the second-largest chicken producer in the United States and one of the top packaged meat and frozen food companies in the world? The country’s largest producer of meat for breakfast, lunch and dinner. Or to be more accurate, the possible take over of Hillshire Brands Co., by Pilgrim’s Pride. [More]

FCC Chair Wants Comcast To Guarantee Access To NBC Programs

FCC Chair Wants Comcast To Guarantee Access To NBC Programs

In a memo to be circulated today, Federal Communications Chairman Julius Genachowski is expected to tell his fellow commissioners that he wants Comcast to agree to certain conditions before approving the cable giant’s takeover of NBC. Among them: a guarantee that competitors will be able to get access to NBC programs at fair rates, and an assurance that the company won’t throttle streaming services such as Netflix. [More]