Mergers and acquisitions

March 11, 2019 - 8:22 am
FRANKFURT, Germany (AP) — Shares in Deutsche Bank and Commerzbank have risen after news reports that Deutsche Bank's top management has agreed to hold preliminary talks about a possible merger. Shares in Deutsche Bank traded up 2.2 percent in midday trading Monday while Commerzbank was up 3.9...
Read More
The Toronto Blue Jays and New York Yankees stand for their national anthems before a spring training baseball game, Monday, Feb. 25, 2019, in Tampa, Fla. (AP Photo/Lynne Sladky)
March 08, 2019 - 3:30 pm
NEW YORK (AP) — The New York Yankees are buying back the YES Network, partnering with Amazon in a deal that will give the company the right to stream games in the team's broadcast territory. The deal for the team's parent company to purchase 80 percent of the network from The Walt Disney Co. values...
Read More
FILE - In this Oct. 16, 2017 file photo, Robert Greenblatt poses in the press room at the Broadcasting & Cable Hall of Fame Awards 27th Anniversary Gala in New York. WarnerMedia is hiring former NBC Entertainment chairman Robert Greenblatt as chairman of its entertainment and direct-to-consumer divisions in a reorganization (Photo by Andy Kropa/Invision/AP, File)
March 04, 2019 - 2:01 pm
NEW YORK (AP) — Now that AT&T's $81 billion takeover of Time Warner is a done deal , the company is reorganizing its TV and movie businesses to emphasize streaming rather than cable TV networks. AT&T is bringing in a new executive as longtime HBO and Turner chiefs leave. It's also...
Read More
March 02, 2019 - 7:42 am
TEHRAN, Iran (AP) — Iran's official IRNA news agency says the Central Bank has merged four banks and a credit union to reform the country's banking system and financial markets. The Saturday report announced the merger of Ansar, Mehr-e Eghtesad, affiliated with powerful Revolutionary Guard,...
Read More
February 28, 2019 - 8:59 pm
LOS ANGELES (AP) — HBO's longtime chief executive is leaving the cable channel, less than a year after AT&T acquired HBO's parent company. In a memo to HBO staffers Thursday, Richard Plepler said it was the right time for him to leave. The memo was obtained by The Associated Press. During...
Read More
FILE - In this June 13, 2018, file photo, the logos for Time Warner and AT&T appear above alternate trading posts on the floor of the New York Stock Exchange. A federal appeals court has blessed AT&T's takeover of Time Warner, Tuesday, Feb. 26, 2019, defeating the Trump administration by affirming that the $81 billion merger won't harm consumers or competition in the booming pay TV market. (AP Photo/Richard Drew, File)
February 26, 2019 - 4:12 pm
WASHINGTON (AP) — A federal appeals court on Tuesday cleared AT&T's takeover of Time Warner, rejecting the Trump administration's claims that the $81 billion deal will harm consumers and reduce competition in the TV industry. The ruling by the U.S. Court of Appeals in Washington came in the...
Read More
February 25, 2019 - 8:39 am
NEW YORK (AP) — Barrick Gold will try to acquire Newmont Mining Corp. in an approximately $18 billion all-stock deal that would create a mining behemoth worth about $42 billion. Newmont, based in Colorado, has shunned the Canadian miner so far, and the latest brush between the fierce rivals is...
Read More
February 23, 2019 - 3:30 pm
OMAHA, Neb. (AP) — Billionaire Warren Buffett says the company he built through decades of acquisitions continues to perform well even though he hasn't found any major deals at attractive prices recently. Buffett released his annual letter to Berkshire Hathaway Inc. shareholders on Saturday. He...
Read More
FILE - This April 30, 2018, file photo shows signage a T-Mobile store in New York. The top executives of T-Mobile and Sprint are making the case to Congress that their proposed $26.5 billion merger wouldn't hurt competition and jack up the prices consumers pay for wireless service. (AP Photo/Bebeto Matthews, File)
February 13, 2019 - 1:36 am
WASHINGTON (AP) — Top executives of T-Mobile and Sprint are taking the case for their 26.5 billion merger to Congress, arguing that joining their companies won't hurt competition or jack up prices for wireless service. They could face skepticism at a hearing Wednesday. The deal, which must win...
Read More
FILE - This Aug. 22, 2003 file photo shows the corporate headquarters of BB&T in Winston-Salem, N.C. Southern regional banks BB&T and SunTrust are combining in an all-stock deal valued at about $66 billion. The banks said Thursday, Feb. 7, 2019 that the combined company will be the sixth-largest U.S. bank based on assets and deposits. It will have approximately $442 billion in assets, $301 billion in loans and $324 billion in deposits serving more than 10 million households (David Rolfe/The Winston-Salem Journal via AP)
February 07, 2019 - 12:39 pm
NEW YORK (AP) — Southern banking giants BB&T and SunTrust announced they would merge in a $66 billion deal, the first big bank merger since the chaos of the 2008 financial crisis. The deal would create yet another financial titan in the U.S. The combined company will be the sixth-largest retail...
Read More

Pages