Skip to: Content
Skip to: Site Navigation
Skip to: Search
WEDNESDAY, NOVEMBER 25, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: merger

merger stories: 96 news summaries

61 - 80 of 96 Stories | << Prev 1 2 3 4 5 Next >>

Switch to grid view »

Commodities Markets in
Merger Talks

Chicago Mercantile Exchange targets New York counterpart in $11B bid

Jan 29, 08 8:12 AM CST
(Newser) - Owners of the Chicago and New York commodities exchanges are in preliminary talks that could end in an $11 billion merger of the two largest commodities markets in the US, reports the New York Times. NYMEX Holdings shareholders would receive $36 and 0.1323 of a share of CME's common... More »

MORE ABOUT:
merger • Chicago Board of Trade • Chicago Mercantile Exchange • New York Mercantile Exchange • commodities • CME Group • NYMEX Holdings • commodities exchange

Northwest's Merger Plans Still 'Evolving'

Airline 'very, very actively looking,' but uncertain on when, with whom

Dec 5, 07 12:39 PM CST
(Newser) - Northwest Airlines is "very, very actively looking" for a merger partner, a company executive told Wall Street analysts yesterday, but it is uncertain whether such consolidation is more likely to be approved by the Bush administration or its successor, the Minneapolis Star Tribune reports. Analysts say Delta—known to... More »

MORE ABOUT:
merger • Northwest Airlines • United Airlines • Delta Airlines

Struggling Sprint
Rejects $5B Offer

Former CEO's Nextel legacy remains divisive

Nov 30, 07 4:57 AM CST
(Newser) - A bid by SK Telecom and Providence Equity to invest $5B in Sprint Nextel and install former Sprint chairman Tim Donahue as the company CEO has met with swift rejection from the Sprint board. The move comes as Sprint, which has seen its stock plumet 36% since June, searches for... More »

MORE ABOUT:
CEO • telecom industry • merger • Providence Equity • Sprint Nextel • Tim Donahue • SK Telecom

Sprint Nextel:
A House Divided

Two years into merger, partners remain wary
of each other

Nov 25, 07 1:27 PM CST
(Newser) - The $35 billion merger of long-distance carrier Sprint and wireless innovator Nextel sought to create a company capable of competing with the nation’s largest wireless carriers, Verizon and AT&T. Instead, distinct cultures have warred over everything from ad strategies to executive teams, leaving the company with poor morale,... More »

MORE ABOUT:
merger • corporate • Sprint Nextel • telecommunications • Gary Forsee

Sirius, XM Union May Have Listeners Singing the Blues

Deal would lower options, raise prices, Post writer says

Nov 10, 07 1:32 PM CST
(Newser) - For anyone doubting that a merger between Sirius and XM would harm the satellite radio industry by forcing listeners to go through a single provider, the Washington Post’s Marc Fisher has two words: cable TV. Fisher argues that for all of the advantages any union may produce,... More »

MORE ABOUT:
Mel Karmazin • Department of Justice • satellite radio • Sirius • FCC • cable TV • merger • XM Satellite Radio • Howard Stern

US Steel Buys Canadian Rival

$1.1B deal for Stelco consolidates market, makes Pittsburgh giant fifth largest

Aug 28, 07 6:02 AM CDT
(Newser) - US Steel's agreement to buy Canadian competitor Stelco for $1.1 billion, making it the world's fifth-largest steelmaker, is the company's second major acquisition this year, but not necessarily the last, CEO John Surma said yesterday. In the face of breakneck growth by Indian and Russian steel producers, the Pittsburgh... More »

MORE ABOUT:
merger • steel • US Steel • Stelco • John Surma

Online Brokers Play 'Let's Make a Deal'

E*Trade, Ameritrade renew talks
on merger that could jolt industry

Aug 22, 07 3:34 PM CDT
(Newser) - Though past merger talks were never consummated, online stockbrokers E*Trade and TD Ameritrade are again in "serious discussions" over a union, the Wall Street Journal reports. A consolidation would create a dominant player in online trading, reducing competition and perhaps ratcheting up costs for consumers. One source estimates the... More »

MORE ABOUT:
Wall Street • Bank of America • online trading • merger • stocks • E Trade • Ameritrade • online brokers • Toronto Dominion Bank

New Delta CEO Raises Questions

Appointment revives rumors that merger with Northwest is preparing for takeoff

Aug 22, 07 8:48 AM CDT
(Newser) - Delta's choice for its new CEO—an outsider who won the job over two internal candidates—is raising questions, the Journal reports. Newly emerged from 19 months of wrangling in bankruptcy court, the airline appointed former Northwest CEO Richard Anderson yesterday, sparking speculation about a future merger with Northwest and... More »

MORE ABOUT:
airline industry • merger • Northwest Airlines • Delta • Richard Anderson • Gerald Grinstein • Jim Whitehurst • Ed Bastian

Chrysler Plunges Into China Trade

US auto giant plans to use tiny imports to battle Japanese manufacturers

Jul 4, 07 12:29 PM CDT
(Newser) - In a cost-cutting move, Chrysler will introduce cars produced by China's biggest automaker to the US market by late 2009. Chrysler and Chery staged a signing ceremony today in Beijing to allay fears about the American auto giant's new ownership not backing the deal, MarketWatch reports. The first vehicles will... More »

MORE ABOUT:
Chrysler • merger • Chery • automaker • auto industry • cars

Murdoch Says $5B Is Final Offer for Dow Jones

Mogul won't raise offer to push stalling Bancroft family

Jun 27, 07 4:09 PM CDT
(Newser) - Rupert Murdoch won't raise his $5B bid for Dow Jones, the media mogul said today. Murdoch deflected speculation that he would up the ante to move along negotiations with the openly skeptical Bancroft family, which owns a majority stake in the Journal publisher. Instead, Reuters reports, Murdoch is suggesting he... More »

MORE ABOUT:
Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • merger • business • acquisition • News Corp

Hot LBO Market
Takes Hit

As big-time deals struggle to manage debt, beware the Trojan piggy bank

Jun 8, 07 9:40 AM CDT
(Newser) - The red-hot market for LBOs may be hitting a long-awaited rough patch. Several big deals—including Apollo's $1.3 billion Linens 'n Things buy and the multigroup $17.6 billion acquisition of Freescale Semiconductor Holdings—have turned sour, with the companies struggling to generate enough cash to pay down debt... More »

MORE ABOUT:
takeovers • leveraged buyouts • merger • business • LBOs • Apollo Management LP • Avista Capital Partners • debt • privatization • acquisition • US economy

Whole Foods Cannot
Sow Wild Oats

FTC accuses crunchy granola types of monopoly grab

Jun 6, 07 8:30 PM CDT
(Newser) - Even crunchy granola types may be monopolists at heart—at least according to the Federal Trade Commission.The FTC said yesterday it wants to block Whole Foods’ $670 million purchase of Wild Oats Markets, claiming that the sale will result in even higher-than-usual prices at the natural foods stores. More »

MORE ABOUT:
food • Costco • merger • Whole Foods • Wild Oats • FTC • Wal-Mart

Dow Closes Down 80.86 on Inflation Scare

Bernanke comment, retail profit warnings contribute to slump

Jun 5, 07 2:55 PM CDT
(Newser) - The Dow fell 80.86 points today, closing at 13,595.46 after companies in the retail sector issued warnings of reduced profits and Fed chairman Ben Bernanke commented that inflation risks are still high. "There are a lot of little things out there that are scaring the market,... More »

MORE ABOUT:
Ben Bernanke • stock market • retail • Federal Reserve • Dow Jones • merger • stocks • corporate • profits • US economy

Murdoch Says He's Flexible, Up to a Point

Jousting over editorial independence may derail Dow Jones deal

Jun 4, 07 8:29 AM CDT
(Newser) - Rupert Murdoch has renewed his vow to maintain the Wall Street Journal's editorial independence should his bid for Dow Jones succeed, but it's unlikely he'll allow the controlling Bancroft family to run an editorial oversight board. That sticking point could be a deal-breaker, the Journal reported hours before today's scheduled... More »

MORE ABOUT:
Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • merger • business • acquisition • News Corp

What Made
the Bancrofts Buckle?

Key Dow Jones director switched sides, eyeing Reuters-Thomson merger

Jun 2, 07 8:21 AM CDT
(Newser) - In a surprising about-face Dow Jones director and Bancroft family trustee Michael Elefante shifted from the cons to the pros, advocating putting the company in play at a recent family meeting. His change of position was behind the family's decision that it would meet with Rupert Murdoch and consider other... More »

MORE ABOUT:
Rupert Murdoch • Bancroft family • merger • Richard Zannino • big deals • acquisition • Thomson Reuters • Michael Elefante • News Corp

Wachovia Nabs A.G. Edwards

Deal takes aim at
small investors,
creates country's
No. 2 retail brokerage

May 31, 07 12:58 PM CDT
(Newser) - Wachovia will buy A.G. Edwards for $6.8 billion, forming the nation's number two retail brokerage. Wachovia's $89.50 per share offer for the historic Midwest brokerage—it survived the crash of '29—helps the bank further expand its growing securities arm. The combined company will manage over $1... More »

MORE ABOUT:
investors • merger • Wachovia • A.G. Edwards • bank • acquisition

Cantor Cuts Ties to eSpeed, BGC

Bond trading firm moves to settle conflict-of-interest complaints of investors

May 30, 07 11:41 AM CDT
(Newser) - Cantor Fitzgerald, following conflict-of-interest complaints from investors, is planning to distance itself from the brokerage and online trading firms it controls. The deal will create a new company, a merger of eSpeed and BGC Partners.  More »

MORE ABOUT:
investors • Cantor Fitzgerald • online trading • merger • bond trading • eSpeed • BGC Partners

Tishman, Lehman Close REIT Deal

$13.5B offer for apartment giant marks major privatization

May 29, 07 11:50 AM CDT
(Newser) - In a penthouse-level play, real estate developer Tishman Speyer Properties and investment bank Lehman Brothers will spend $13.5 billion to buy the nation's second-largest apartment owner. The $60.75 per share offer for real estate trust Archstone-Smith, confirmed this morning, will take the company private in a deal worth... More »

MORE ABOUT:
real estate • merger • business • privatization • acquisition • Tishman Speyer Properties • Lehman Brothers • Archstone Smith • investment banks

RBS Consortium Renews Bid
for ABN Amro

$96B offer dwarfs Barclays proposal,
but legal woes persist

May 29, 07 9:02 AM CDT
(Newser) - Refusing to take no for an answer, a coalition led by Royal Bank of Scotland today submitted a renewed $95.6 billion bid for ABN Amro. The offer overshadows a competing $86 billion offer from Barclays, but legal wrangling over the sale of LaSalle Bank continues to bog down the... More »

MORE ABOUT:
Barclays • ABN AMRO • Royal Bank of Scotland • LaSalle Bank • merger • bank • acquisition

Coke Takes Swig of Glacéau

Soft drink giant tries to boost its offerings with $4.1B VitaminWater buy

May 25, 07 9:12 AM CDT
(Newser) - Coca-Cola is adding some fizz to its line of non-soda offerings, acquiring the maker of Glacéau VitaminWater today in its biggest purchase ever. The $4.1 billion purchase of Energy Brands will give Coke a strong foothold in the market for non-carbonated products and help it close the gap... More »

MORE ABOUT:
Coca Cola • Pepsi • Energy Brands, Inc. • VitaminWater • Glaceau • merger • acquisition

61 - 80 of 96 Stories | << Prev 1 2 3 4 5 Next >>


from our news partners