Mergers and acquisitions

FILe - In this June 13, 2018 file photo, Channing Dungey arrives at the Women In Film Crystal and Lucy Awards in Beverly Hills, Calif. Disney-owned ABC said Friday that Dungey has decided to exit as ABC Entertainment president. She will be replaced by Karey Burke, a programming development executive at Freeform. (Photo by Chris Pizzello/Invision/AP, File)
November 16, 2018 - 6:15 pm
LOS ANGELES (AP) — Channing Dungey, the first African-American executive to lead a major broadcast network, is stepping down. Disney-owned ABC said Friday that Dungey has decided to exit as ABC Entertainment president. She will be replaced by Karey Burke, a programming development executive at ABC...
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FILE - In this July 7, 2017, file photo, Flipkart Group Chief Executive Officer and co-founder Binny Bansal poses during a photo call at the company's headquarters in Bangalore, India. Bansal, the co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, is stepping down following an allegation of serious personal misconduct. Walmart, which purchased a $16 billion controlling stake in Flipkart Group in May, said Tuesday, Nov. 13, 2018, that an independent investigation done on behalf of both companies did not find evidence corroborating the allegation against Bansal, but it did reveal lapses in judgment on his part. (AP Photo/Aijaz Rahi, File)
November 13, 2018 - 7:54 am
NEW YORK (AP) — The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, has stepped down as CEO following an allegation of serious personal misconduct. Walmart, which purchased a $16 billion controlling stake in Flipkart Group in May, the largest...
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November 12, 2018 - 9:51 am
NEW YORK (AP) — MTV is expanding its live events business in the U.S. by acquiring the SnowGlobe Music Festival. The three-day New Year's Eve festival takes place in South Lake Tahoe, California. This year's lineup includes Above & Beyond, Diplo, Eric Prydz, Rezz and RL Grime headlining among...
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November 09, 2018 - 5:12 am
BERLIN (AP) — Germany's antitrust authority has cleared the planned merger of the country's two main department store chains, ruling that it doesn't threaten competition at a time when online retail is rising. The Federal Cartel Office said Friday that the two companies exceed a combined 25 percent...
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FILE- In this Sept. 26, 2018, file photo visitors stand near a 5G logo at a display the PT Expo in Beijing. Telecommunications equipment maker CommScope Holding Co. is paying about $5.7 billion for Arris International Plc. as it prepares for the entrance of faster 5G service to the wireless market. (AP Photo/Mark Schiefelbein, File)
November 08, 2018 - 9:43 am
NEW YORK (AP) — Telecommunications equipment maker CommScope is paying $5.7 billion for Arris International as it prepares for the entrance of faster 5G service to the wireless market. Arris makes modems and boxes for the wireless industry, including cable operators. Equipment makers and...
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FILE - In this May 3, 2017, file photo, people leave the Farifax offices in Sydney, Australia. Australia's competition watchdog on Thursday, Nov. 8, 2018 approved the proposed merger of television network Nine Entertainment and newspaper publisher Fairfax Media into a media giant to be known only as Nine. (AP Photo/Rick Rycroft, File)
November 07, 2018 - 8:41 pm
CANBERRA, Australia (AP) — Australia's competition watchdog on Thursday approved the proposed merger of television network Nine Entertainment and newspaper publisher Fairfax Media into a media giant to be known only as Nine. Australian Competition and Consumer Commission chair Rod Sims said the...
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October 08, 2018 - 4:22 am
LONDON (AP) — A leading adviser on international corporate deals says executives are cooling to the idea of mergers and acquisitions in the face of rising trade tensions. In its half-yearly assessment of the mergers and acquisitions scene published Monday, EY says only 46 percent of executives...
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FILE - In this June 5, 2018, file photo, Education Secretary Betsy DeVos testifies during hearing on the FY19 budget on Capitol Hill in Washington. A little-known venture capitalist is on the verge of acquiring one of the country’s biggest for-profit colleges, a transaction that would put him in control of a troubled national chain vastly larger than the tiny California school he currently owns.(AP Photo/Carolyn Kaster, File)
October 01, 2018 - 1:40 pm
WASHINGTON (AP) — A little-known venture capitalist is on the verge of acquiring one of the biggest for-profit colleges in the country, a transaction that would put him in control of a troubled national chain that's more than 60 times the size of the tiny California school he currently owns. The...
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FILE - In this Feb. 10, 2017, file photo, a man walks by a Rite Aid pharmacy in the Oakland section of Pittsburgh. After two failed buyouts, Rite Aid will shuffle its board of directors and spread out leadership at the top of the drugstore chain. Rite Aid said Thursday, Sept. 27, 2018, that three new, independent directors will be nominated to its board, and CEO John Standley will no longer hold the title of chairman. That will go to current board member Bruce Bodaken. (AP Photo/Gene J. Puskar, File)
September 27, 2018 - 10:26 am
After two failed buyout attempts that could have put it in a better position to compete against larger rivals, Rite Aid is shuffling its board of directors and dividing power at the top of the drugstore chain. Rite Aid said Thursday that three new, independent directors will be nominated to its...
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September 25, 2018 - 10:00 am
ATLANTA (AP) — Arby's owner Inspire Brands is buying the Sonic drive-in hamburger chain. Inspire is paying $43.50 per share cash, or $2.3 billion, for Sonic, which has 3,600 restaurants in the U.S. Inspire expects the deal to close by the end of this year. Sonic will operate as a separate business...
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