| Dec 27, 2013
| 11:26 AM
Tribune Co. on Friday completed its acquisition of the independent Local TV Holdings group, transforming the Chicago company into one of the largest broadcasters in the nation with 39 television stations.
The move, announced by Tribune Chief Executive...
| Jan 2, 2014
| 11:56 AM
Gov.-elect Terry McAuliffe is making calls in an effort to restore flight service from New York to the Peninsula, he said Thursday afternoon.
The new governor said it's a priority for businesses, so it's a priority for him. He didn't want to talk...
| Jan 3, 2014
| 1:02 PM
Regional accounting and consulting firm BlumShapiro announced Friday it has merged with a firm in Newton, Mass., expanding the company's footprint in Massachusetts, particularly the Boston area.
The merger of BlumShapiro with Friedman, Suvalle &...
| Jan 10, 2014
| 8:43 PM
Sanford I. "Sandy" Weill, who orchestrated the merger of Travelers and Citicorp in the 1990s, has been named chairman of a Bermuda-based reinsurer.
Weill, 80, will lead the board of directors of Hamilton Insurance Group Ltd., holding company for Hamilton...
| Dec 23, 2013
| 2:32 PM
Just as its offer to buy its rival was rejected, Jos A. Bank Clothiers Inc. spurned a $1.2 billion turn-table acquisition bid by Men's Wearhouse Inc. on Monday, but most observers still believe a merger is inevitable.
Responding to Men's Wearhouse's...
| Jan 11, 2014
| 12:18 PM
Consumers know Jos. A. Bank Clothiers for deals such as buy-one-get-two men's suits, but to residents of Hampstead, it's the good corporate citizen that spared the town as Black & Decker withered.
Now the northern Carroll County town faces the prospect...
| Jan 13, 2014
| 4:23 PM
A New York hedge fund's push to force Hampstead-based Jos. A. Bank Clothiers Inc. to negotiate with suitor Men's Wearhouse could make it more difficult for Bank to fight off the rival chain's $1.61 billion hostile takeover attempt.
Eminence Capital LLC,...
| Dec 16, 2013
| 1:39 PM
Gannett Co.'s $2.2-billion acquisition of Belo TV stations can move forward -- but the Department of Justice is demanding the sale of KMOV-TV Channel 4 in St. Louis as a condition for the agency's approval of the deal.
The proposed deal would give the...
| Dec 9, 2013
| 10:24 AM
Food distributor giant Sysco announced Monday it will buy rival US Foods for $3.5 billion in cash and stock, creating the largest food and restaurant supplier in the country.
The deal, if approved by regulators, would value the transaction at $8.2...
| Dec 9, 2013
| 6:29 PM
A merger of the top two U.S. food distributors, Sysco and US Foods, could mean cutbacks at facilities in Severn and Jessup that employ hundreds of workers and sit fewer than 10 miles apart as a combined company consolidates operations across the United...
| Dec 11, 2013
| 5:48 PM
The chief executive who led American Airlines through bankruptcy and a major merger will get a severance package valued at about $17 million.
That was among the first decisions made by the new American Airlines after it emerged from bankruptcy Monday...