| 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...
| Apr 29, 2014
| 5:00 AM
Cable companies Comcast Corp. and Charter Communications have agreed to a complex $19.5-billion deal to divvy up subscribers — including parts of Los Angeles, Riverside and Ventura counties.
Comcast is already attempting to take over Time Warner...
| Mar 12, 2014
| 8:30 AM
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.
| Mar 14, 2014
| 5:51 PM
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...
| Feb 23, 2014
| 9:17 PM
Netflix has agreed to pay Comcast to ensure the subscription service's movies and TV shows stream seamlessly in a deal that underscores the power of distribution in the digital era — and could mean higher rates for consumers.
| Feb 24, 2014
| 4:33 PM
Men's Wearhouse sweetened its hostile bid for Hampstead-based Jos. A. Bank Clothiers Inc. on Monday, raising its price more than 10 percent in a deal that hinges on Bank dropping its plans to buy Eddie Bauer.
Houston-based Men's Wearhouse boosted its...
| Apr 29, 2014
| 7:58 PM
With protracted federal budget cuts at the Pentagon and NASA on the horizon, aerospace companies across the nation are choosing to combine forces as they vie for fewer dollars and brace for the tough times ahead.
In the first quarter of this year, there...
| Apr 30, 2014
| 4:45 PM
Baltimore Gas and Electric Co.'s parent struck a $6.9 billion deal Wednesday to acquire Pepco Holdings Inc., 16 years after BGE walked away from a protracted effort to buy its southern neighbor.
Chicago-based Exelon Corp.'s purchase of Pepco Holdings...
| May 1, 2014
| 8:10 PM
The Baltimore Sun Media Group announced Thursday it has purchased The Capital in Annapolis, the Carroll County Times and other area publications and websites, a move that expands its journalistic footprint in Maryland.
The financial terms of the...