Mergers and acquisitions

European Competition Commissioner Margrethe Vestager, left, talks to Trade Commissioner Cecilia Malmstrom prior the weekly College of Commissioners meeting at EU headquarters in Brussels, Wednesday, Feb. 6, 2019. European Union authorities on Wednesday rejected a massive rail merger deal between France's Alstom and Germany's Siemens in what the two nations had hoped would have created a global competitor to stand up to China. (AP Photo/Francisco Seco)
February 06, 2019 - 11:30 am
BRUSSELS (AP) — European Union authorities on Wednesday blocked a deal to create a rail giant that could compete with China, angering France and Germany so much that they vowed to change the way the EU oversees such mergers. The decision raised thorny questions of how to stand up to the growing...
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January 28, 2019 - 2:32 am
BERLIN (AP) — France's Alstom says that it and Germany's Siemens have offered new concessions in an effort to overcome European authorities' concerns about the planned merger of their train-building operations. A European Union decision on whether to allow the deal to go ahead is expected soon. The...
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FILE - This April 4, 2012, file photo shows the Newmont Gold Quarry pit in Battle Mountain, Nev. Newmont Mining will buy Canada’s Goldcorp in a deal valued at about $10 billion that would create the world’s biggest gold miner. (David B. Parker/The Reno Gazette-Journal via AP, File)
January 14, 2019 - 7:29 am
DENVER (AP) — Newmont Mining will buy Canada's Goldcorp for $10 billion, creating the world's biggest gold miner. The combined company could log gold production of 6 million to 7 million ounces over a decade and recognize $100 million in annual pre-tax savings. Miners are consolidating as gold...
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January 12, 2019 - 4:16 am
BUCHAREST, Romania (AP) — Romania's defense ministry has suspended the 1.6 billion euro ($1.83 billion) acquisition of four warships following a political dispute over which offer best serves the NATO member. The ministry said it had informed military prosecutors there were "reasonable suspicions"...
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January 08, 2019 - 12:13 pm
NORTH KINGSTOWN, R.I. (AP) — Discount retailer Ocean State Job Lot has purchased six former Toys R Us locations and agreed to a long-term lease at a seventh in New York, New Hampshire, Massachusetts, and Pennsylvania. The three Pennsylvania locations in Montgomeryville, Scranton and Wilkes-Barre,...
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FILE - This April 20, 2009 file photo, shows the British pharmaceuticals firm GlaxoSmithKline in London. Drugmakers GlaxoSmithKline and Pfizer are merging their healthcare divisions, creating a business with combined sales of 9.8 billion pounds ($12.7 billion). British-based Glaxo will own 68 percent of the joint venture, while U.S.-based Pfizer will own the remaining 32 percent stake. (AP Photo/Sang Tan, File)
December 19, 2018 - 1:18 pm
Drugmakers GlaxoSmithKline and Pfizer plan to merge their consumer health businesses into what will be the world leader in sales of nonprescription medicines such as pain relievers, vitamins and cold remedies. The new joint venture would have with combined annual sales of $12.7 billion (9.8 billion...
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FILE - In this Dec. 3, 2014, file photo, AOL CEO Tim Armstrong is interviewed during "Opening Bell with Maria Bartiromo," on the Fox Business Network, in New York. Shares of Verizon are falling before the opening bell after the company said it would take a $4.6 billion hit for what’s become an expensive internet foray with Yahoo and AOL. The two companies, which came to be called Oath under Verizon, has yet to pan out. In September, Verizon announced that Oath CEO Armstrong was leaving. (AP Photo/Richard Drew, File)
December 12, 2018 - 12:27 pm
Verizon's big bet on digital advertising isn't panning out. The wireless company spent more than $4 billion to buy AOL and nearly $5 billion to buy Yahoo as part of an effort to compete with Facebook and Google in a growing market for digital advertising. Now, Verizon is slicing the value of those...
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December 03, 2018 - 8:43 am
Shares of Tesaro soared early Monday after GlaxoSmithKline said it would pay about $5.1 billion in cash to buy the cancer drugmaker. Glaxo plans to pay $75 per share for Tesaro, which makes the ovarian cancer treatment Zejula. That represents a premium of more than 60 percent to the stock's $46.38...
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FILE - This Dec. 6, 2016, file photo shows the United Technologies Electronic Controls factory in Huntington, Ind. United Technologies is planning to break itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company has scheduled a call with investors for Tuesday, Nov. 27, 2018, that it says is to announce its intention to separate into three companies. (AP Photo/Michael Conroy, File)
November 26, 2018 - 8:00 pm
NEW YORK (AP) — United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company's announcement Monday was the latest by a sprawling industrial conglomerate deciding it will be more...
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A Black Friday shopper walks through Dolphin Mall on Friday, Nov. 23, 2018, in Miami. Retailers are offering much of their Black Friday deals online, but shoppers still showed up at malls and stores around the country looking for discounts, and to take in the scene. (AP Photo/Lynne Sladky)
November 24, 2018 - 3:36 pm
PROVIDENCE, R.I. (AP) — The physical rush of Black Friday and the armchair browsing of Cyber Monday are increasingly blending into one big holiday shopping event as more customers buy items online and pick them up at brick-and-mortar stores. Adobe Analytics reported Saturday that more customers are...
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