| 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 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 26, 2015
| 1:57 PM
Iberdrola SA, a Spanish utility and wind power company, said Thursday it plans to acquire Connecticut's UIL Holdings for $3 billion.
The acquisition will combine Iberdrola's U.S. energy companies with UIL Holdings to create a new, $18 billion...
| Feb 4, 2015
| 6:31 PM
Under Armour Inc. is acquiring two companies that make fitness apps for $560 million as it works to build what it calls the world's largest online health and fitness community.
After making significant moves in the digital fitness arena last year, the...
| Mar 19, 2015
| 12:42 PM
When Richard Daley shopped his big data company Pentaho to investors, some venture capitalists wanted him to move the firm to Silicon Valley.
But Daley, a 53-year-old lifelong Floridian, rejected those calls.
"They were very specific saying, 'We won't...
| Mar 19, 2015
| 4:25 AM
Orlando-based HR software firm PlanSource, which now occupies almost the entire second floor of the downtown Exchange Building, is expanding again.
Having grown organically for the past several years, PlanSource announced that it bought software company...
| Mar 5, 2015
| 6:02 PM
A leading public advocacy group that had opposed the sale of Pasadena's OneWest Bank asked federal regulators for a formal investigation into what it called the bank's efforts to "buy community support" for the deal.
The Greenlining Institute, in a...