Mergers and acquisitions

September 24, 2018 - 5:55 am
LONDON (AP) — Shares in Sky plc are up 8.8 percent after Comcast won a bidding war for the British pay TV giant in a weekend auction that pushed the value of the company to almost 30 billion pounds ($39 billion). The rare auction was organized by Britain's Takeover Panel after months of offers and...
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FILE - This Friday, July 25, 2014, file photo shows a view of the headquarters of the Italian Sky television broadcaster in Milan, Italy. British regulators say that the corporate battle between 21st Century Fox and Comcast to take over broadcaster Sky will be settled by auction, commencing at 5 p.m. on Sept. 21 and ending on the evening of Sept. 22, 2018. (AP Photo/Luca Bruno, File)
September 20, 2018 - 2:39 pm
LONDON (AP) — Comcast and 21st Century Fox will settle their battle for control of broadcaster Sky through a rare auction designed to put an end to months of offers and counteroffers from the American media empires seeking a foothold in the European pay TV market. The auction will begin after the...
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In this May 27, 2005 file photo, bottles of the soft drink Moxie are pictured in West Bath, Maine. Soft drink giant Coca-Cola said Tuesday, Aug. 28, 2018, it is acquiring Moxie, a beloved New England soda brand that is the official state beverage of Maine. (AP Photo/Pat Wellenbach, File)
August 28, 2018 - 1:58 pm
PORTLAND, Maine (AP) — Soft drink giant Coca-Cola announced on Tuesday it is acquiring Moxie, a long-lived and beloved New England soda brand that is the official state beverage of Maine. Moxie has been around since the 19th century and it's famous in New England for its unique flavor, which is the...
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FILE - In this Feb. 26, 1997 file photo, Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. Saudi Arabia said on Thursday, Aug. 23, 2018 that it "remains committed" to an initial public offering of the state-run oil behemoth Saudi Aramco despite delays and growing speculation it may never be listed. (AP Photo/John Moore, File)
August 23, 2018 - 2:59 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia said on Thursday it "remains committed" to an initial public offering of the state-run oil behemoth Saudi Aramco, despite delays and growing speculation it may never be listed. The IPO of the Saudi Arabian Oil Co. remains a major plank of 32-year-old...
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August 10, 2018 - 7:16 pm
PHILADELPHIA (AP) — The NL East-leading Philadelphia Phillies have acquired first baseman Justin Bour and cash from the Miami Marlins for a minor league pitcher. Bour is batting .227 with 19 homers and 54 RBIs. He's expected to be a pinch-hitter in Philadelphia, where Carlos Santana is the starting...
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The logo for Rite Aid is displayed above a trading post on the floor of the New York Stock Exchange, Thursday, Aug. 9, 2018. Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote.(AP Photo/Richard Drew)
August 09, 2018 - 10:56 am
Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote. Shares of the drugstore chain plunged after markets opened Thursday. The owner of Safeway and other grocery brands had announced in February plans to buy...
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In this April 27, 2017, photo, a staff member talks with a visitor at a display booth for Qualcomm at the Global Mobile Internet Conference (GMIC) in Beijing. China's government said Friday, July 27, 2018, that tech giant Qualcomm Inc. failed to resolve anti-monopoly regulators' concerns about its proposed takeover of NXP Semiconductors in a case seen as a possible victim of U.S.-Chinese trade tensions. (AP Photo/Mark Schiefelbein)
July 27, 2018 - 12:40 am
BEIJING (AP) — Qualcomm Inc. failed to resolve China's anti-monopoly concerns about its proposed acquisition of NXP Semiconductors, the government said Friday, in a case analysts warned would worsen escalating U.S.-Chinese tensions over technology. The State Administration for Market Regulation's...
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FILE - In this May 3, 2017, file photo, people leave the Farifax offices in Sydney. Australian media companies Nine Entertainment and Fairfax Media have announced plans to merge on Thursday, July 26, 2018, with the new media giant to be known only as Nine. (AP Photo/Rick Rycroft, File)
July 26, 2018 - 2:41 am
SYDNEY (AP) — Australian media companies Nine Entertainment and Fairfax Media have announced plans to merge, with the new media giant to be known only as Nine. Nine shareholders will own 51.1 per cent of the combined entity and Nine CEO Hugh Marks will lead the new company, the companies said...
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July 24, 2018 - 6:37 am
LONDON (AP) — Filmmaker James Cameron and Titanic discoverer Robert Ballard are backing a bid by a group of British museums to acquire a collection of 5,500 artifacts from the Titanic. The campaign announced Tuesday aims to raise $20 million (15 million pounds) to buy the items from the private...
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FILE - In this file photo dated Monday, Jan. 15, 2018, Mike Manley, head of Jeep brand, addresses the media during the North American International Auto Show, in Detroit, USA. The Fiat Chrysler's board on Saturday July 20, 2018, has recommended Jeep executive Mike Manley to replace seriously ill CEO Sergio Marchionne. (AP Photo/Carlos Osorio)
July 21, 2018 - 2:45 pm
ROME (AP) — Fiat Chrysler Automobile announced Saturday that CEO Sergio Marchionne's health had suddenly deteriorated following surgery and that its board of directors had chosen Jeep executive Mike Manley to replace him. Marchionne, a 66-year-old Italian-Canadian, joined Fiat in 2004 and led the...
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