| Feb 20, 2015
| 3:47 PM
Editor's note: This story was originally published May 21, 2012. Andrew Berlin confirmed Friday he is purchasing a small stake in the Chicago Cubs. Berlin owns the Cubs' Class A affiliate in South Bend, Ind., a team formerly known as the Silver Hawks....
| Feb 19, 2015
| 4:11 PM
Sysco's lengthy attempt to buy US Foods was dealt a blow Thursday, as the Federal Trade Commission and 11 attorneys general sought to block the deal.
The FTC said it filed an administrative complaint, charging that the potential takeover would violate...
| Feb 18, 2015
| 2:39 PM
Shares of Sinclair Broadcast Group leapt nearly 5 percent after the company announced Wednesday that TV station acquisitions and strong political advertising boosted its sales and earnings in the fourth quarter.
The Hunt Valley-based TV station owner's...
| Feb 16, 2015
| 6:49 PM
PPL Corp. plans to transfer 88 employees in Allentown to the company's Luzerne County nuclear power plant amid market speculation that PPL spinoff Talen Energy could soon expand through the acquisition of power plants.
PPL spokesman George Lewis said...
| Feb 13, 2015
| 4:21 PM
Exelon Corp. overcame one hurdle in its proposed merger with Pepco Holdings Inc., announcing Friday that it had reached a settlement with advocacy groups and other parties in Delaware in the merger case before state regulators there.
| Feb 13, 2015
| 11:18 AM
Last August, Citrix Systems snapped up a Delray Beach start-up called Virtual, which had been in existence only since early 2014.
The Virtual developers are "four rock-star engineers who have world-class programming skills," explained Andy Cohen, vice...
| Feb 5, 2015
| 7:48 AM
Pharmaceutical giant Pfizer has agreed to buy Lake Forest-based Hospira for about $15.23 billion, saying the Illinois drugmaker will enhance the company's product portfolio in emerging markets.
Pfizer said in a joint release with Hospira that it will pay...
| Feb 12, 2015
| 12:00 PM
has joined BMI Mergers & Acquisitions, a mergers and acquisitions advisory and business brokerage firm in Reading. Shannon has 25 years of experience in corporate development, financial and strategic planning and business and...
| Feb 11, 2015
| 11:49 AM
Last week's "Super Bitch" billing incident, the latest in a string of customer service horror stories for Comcast, could cost the cable giant a lot more than one unhappy subscriber.
The company's proposed $45 billion merger with Time Warner Cable, which...
| Feb 11, 2015
| 1:51 PM
Rite Aid's $2-billion acquisition of a pharmacy benefits manager steers the drugstore chain toward a potentially lucrative focus for healthcare companies: finding ways to tame customer costs.
The nation's third-largest drugstore chain is buying...
| Feb 10, 2015
| 2:51 PM
After less than two years on the job, Office Depot CEO Roland Smith could receive $39 million if the Staples-Office Depot merger is finalized, executive pay experts say.
Smith, 60, would leave with a $7 million severance, roughly twice his salary and...