Mergers and acquisitions

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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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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