Mergers and acquisitions

May 15, 2017 - 6:45 am
MADRID (AP) — Spain's Abertis transport infrastructure group says it is the target of a friendly takeover bid by Italian company Atlantia that values the Spanish firm at 16.4 billion euros ($18 billion). The Rome-based company says the takeover aims to create a world leader in transport...
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May 12, 2017 - 8:05 pm
SANTA ANA, Calif. (AP) — The Latest on the insider trading conviction of ex-baseball star Doug DeCinces (all times local): 5 p.m. Former baseball star Doug DeCinces has been convicted of federal insider trading in California. The U.S. attorney's office says the ex-Angels and Orioles third baseman...
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FILE - This Monday, July 25, 2016, file photo, shows signage at a Verizon store, in North Andover, Mass. Verizon Communications is buying Straight Path Communications for about $3.1 billion, ending a bidding war with AT&T over the wireless licenses company, announced Thursday, May 11, 2017. (AP Photo/Elise Amendola, File)
May 11, 2017 - 7:47 am
NEW YORK (AP) — Verizon Communications is buying Straight Path Communications for about $3.1 billion, ending a bidding war with AT&T over the wireless licenses company. The all-stock deal was announced Thursday, one month after AT&T said that it would buy Straight Path for $1.6 billion. AT...
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FILE - In this Friday, Nov. 27, 2015, file photo, shoppers wait in line outside a Coach factory outlet store at the Cincinnati Premium Outlets, in Monroe, Ohio. Coach is buying rival luxury handbag, clothing and accessories company Kate Spade in a deal valued at $2.4 billion as it looks grab more millennial shoppers, announced Monday, May 8, 2017. (AP Photo/John Minchillo, File)
May 08, 2017 - 11:00 am
NEW YORK (AP) — Coach will spend $2.4 billion for Kate Spade, tying together two premier brands in the luxury goods sector that have fought to snare younger shoppers. Noting that crucial demographic, Coach Inc. CEO Victor Luis said in a statement Monday that Kate Spade has a "strong awareness among...
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May 07, 2017 - 8:20 pm
Telecommunications company Sinclair Broadcast Group is close to an agreement to buy rival TV station operator Tribune Media. The New York Times reports ( http://nyti.ms/2pW08TO ) talks were continuing Sunday and a deal may be announced Monday. The newspaper is citing unnamed officials who they say...
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May 07, 2017 - 7:53 pm
Telecommunications company Sinclair Broadcast Group is close to an agreement to buy rival TV station operator Tribune Media. The New York Times reports ( http://nyti.ms/2pW08TO ) talks were continuing Sunday and a deal may be announced Monday. The newspaper is citing unnamed officials who they say...
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FILE - This Thursday, May 19, 2016, file photo shows the Apple logo on the side of the Apple Union Square store, in San Francisco. Apple reports earnings Tuesday, May 2, 2017. (AP Photo/Eric Risberg)
May 02, 2017 - 4:40 pm
SAN FRANCISCO (AP) — As Apple's stash of cash grows, so does the possibility that the company will use some of the money for a huge acquisition that would expand its empire beyond iPhones and other gadgets. The guessing game primarily has focused on potential acquisitions of video streaming service...
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FILE - This combo of file photos shows signage for health insurers Cigna Corp., and Anthem Inc. Anthem is finally ending its soured, $48 billion bid to buy rival Cigna, but the nation's second-largest health insurer isn't giving up a fight over whether Cigna deserves a termination fee for the scrapped deal. Anthem says Cigna sabotaged the merger agreement and caused "massive damages" for Anthem, which provides Blue Cross-Blue Shield coverage in several states. (AP Photo/File)
April 28, 2017 - 1:56 pm
WASHINGTON (AP) — A federal appeals court on Friday left in place a decision blocking Blue Cross-Blue Shield insurer Anthem's bid to buy rival Cigna, saying that a bigger company is not better for consumers. The 2-1 decision upholds a federal judge's ruling in February that said the proposed $48...
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April 12, 2017 - 11:28 am
ASPEN, Colo. (AP) — Aspen Skiing Co.'s ski resort acquisition spree is expanding with a deal to buy Mammoth Mountain and three other southern California ski areas. Mammoth Resorts said Wednesday that it will be purchased by the new joint venture of Aspen Skiing and Denver-based KSL Capital Partners...
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April 10, 2017 - 5:19 pm
DENVER (AP) — A ski resort company that stretches from Quebec to Colorado was purchased Monday by the Aspen Skiing Co., setting up seismic changes in a sector with few multistate ski operators. Aspen Skiing Co. is partnering with Denver-based KSL Capital Partners to acquire Intrawest Resorts...
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