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Mergers, Acquisitions and Takeovers

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Top Mergers, Acquisitions and Takeovers Articles

Displaying items 177-187
  • Time Warner Cable CEO: Comcast Deal Is a 'Dream Combination'

    Time Warner Cable CEO Rob Marcus, a lame duck with Comcast's pending $42 billion takeover of the No. 2 cable operator, called the proposed merger a "dream combination" that will accelerate innovation and efficiency of the combined company. Marcus, who...
  • Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion

    Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion
    Jos. A. Bank Clothiers finally liked the look of Men's Wearhouse's takeover offer as the Hampstead-based retailer accepted a $1.8 billion buyout Tuesday. The deal would pay Bank's stockholders $65 a share cash, $10 more than Men's Wearhouse initially...
  • Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse

    Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse
    The chairman of Jos. A. Bank Clothiers Inc. will receive a payout of up to $5.8 million as part of the chain's acquisition by Men's Wearhouse in a $1.8 billion deal. Bank Chairman Robert N. Wildrick will be paid $3.5 million under a two-year noncompete...
  • Wall Street Sees More Shakeups Ahead After Comcast-TW Cable Deal

    Wall Street has been generally high on Comcast Corp. in recent months, but the immediate reaction to its mega-merger with Time Warner Cable was more focused on questions than applause. Comcast shares were down $2.28 at the close of trading Thursday to...
  • Comcast Preps Charm Offensive To Sell TW Cable Merger In Skeptical D.C.

    After a morning media blitz by Comcast to announce its plans to buy Time Warner Cable, the companies now face the arduous task of selling it to D.C. regulators over the howls of protest from media watchdog orgs. While Comcast's policy chief David L....
  • Trade Commission gives go-ahead to Office Depot, OfficeMax merger

    Trade Commission gives go-ahead to Office Depot, OfficeMax merger
    The U.S. Federal Trade Commission on Friday gave approval to a proposed $1.2-billion merger of Office Depot Inc. and OfficeMax, concluding that the move won't harm competition. The Trade Commission, which in 1997 blocked the merger of Office Depot Inc....
  • U.S. antitrust suit sheds light on US Airways business practices

    U.S. antitrust suit sheds light on US Airways business practices
    The Justice Department on Tuesday filed an antitrust suit seeking to block the merger of US Airways and American Airlines, but buried inside the complaint is some internal correspondence by US Airways executives, including Chief Executive Doug Parker,...
  • Sale of Riverside Press-Enterprise not closed; Belo threatens suit

    A planned sale of the Riverside Press-Enterprise to the owner of the Orange County Register has not yet closed three days after the deadline, according to the newspaper’s current owner. In a statement published after the close of the stock market,...
  • Food distributor Sysco to buy US Foods for $3.5 billion

    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...
  • It's tuneup time for Proposition 13

    It's tuneup time for Proposition 13
    Has anyone started a pool on how long Proposition 13 will remain standing, the way it now stands? The process that made Proposition 13 possible is 100 years old, but the revolutionary tax makeover is 35. And it could be argued that its effect on the...
  • DOJ clears Gannett-Belo deal but demands sale of St. Louis TV station

    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...