Mergers and acquisitions

August 20, 2019 - 5:17 pm
WASHINGTON (AP) — The Justice Department is suing to block Sabre Corp. from buying Farelogix, a rival provider of technology services to airlines. In a civil lawsuit filed Tuesday, the government says Sabre pursued the $360 million deal to eliminate a competitor that has disrupted the market with...
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In this Monday, Aug. 5, 2019 photo a Taunton Daily Gazette sign is attached to the exterior of the newspaper's offices, in Taunton, Mass. The newspaper is published by GateHouse Media New England, a division of GateHouse Media Inc. On Monday, GateHouse Media, a chain backed by an investment firm, announced that it is buying USA Today owner Gannett Co. (AP Photo/Steven Senne)
August 05, 2019 - 5:22 pm
NEW YORK (AP) — Two of the largest U.S. newspaper companies have agreed to combine for roughly $1.4 billion, creating a new industry giant that hopes to manage the crisis of print's decline through sheer size. GateHouse Media, a fast-growing chain backed by an investment firm, is buying USA Today...
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FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. Texas is joining more than a dozen states suing to stop T-Mobile’s $26.5 billion takeover of rival cellphone company Sprint, arguing that the deal is bad for consumers because it would reduce competition. (AP Photo/Bebeto Matthews, File)
August 01, 2019 - 6:34 pm
NEW YORK (AP) — Texas has joined more than a dozen states that are suing to stop T-Mobile's $26.5 billion takeover of rival cellphone company Sprint, arguing that the deal is bad for consumers because it would reduce competition. It's the first Republican attorney general of the group, which now...
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FILE - This Thursday, Sept. 22, 2011 file photo shows a sign outside the Stock Exchange in the City of London. The London Stock Exchange Group says it has agreed to acquire financial data and analytics company Refinitiv for $27 billion in stock and assumed debt in a deal that will help the exchange compete with the likes of Bloomberg as demand for real-time market information expands. (AP Photo/Matt Dunham, File)
August 01, 2019 - 8:03 am
LONDON (AP) — The London Stock Exchange Group says it has agreed to acquire financial data and analytics company Refinitiv for $27 billion in stock and assumed debt in a deal that will help the exchange compete with the likes of Bloomberg as demand for real-time market information expands. LSE says...
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FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. Texas is joining more than a dozen states suing to stop T-Mobile’s $26.5 billion takeover of rival cellphone company Sprint, arguing that the deal is bad for consumers because it would reduce competition. (AP Photo/Bebeto Matthews, File)
July 26, 2019 - 5:09 pm
WASHINGTON (AP) — U.S. regulators have approved T-Mobile's $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts, in a deal that would leave just three major cellphone companies in the country. Friday's approval from the Justice Department and five state attorneys...
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July 19, 2019 - 6:25 am
BEIJING (AP) — China urged Washington on Friday to "correct" sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program. U.S. pressure on Iran and its "long-arm jurisdiction" against companies in third countries is the "root cause" of tension with...
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Kansas City Royals' Martin Maldonado hits a solo home run during the seventh inning of a baseball game against the Detroit Tigers at Kauffman Stadium in Kansas City, Mo., Friday, July 12, 2019. (AP Photo/Orlin Wagner)
July 16, 2019 - 2:30 am
CHICAGO (AP) — With their All-Star catcher sidelined, the Chicago Cubs quickly found some experienced help behind the plate. The NL Central leaders acquired Martín Maldonado in a trade with Kansas City on Monday night that sent left-hander Mike Montgomery to the Royals. Cubs president of baseball...
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A man walks past the Deutsche Bank sign in London, Monday, July, 8, 2019. Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022, saying it is going “back to our roots” with a radical restructuring plan meant to focus the company on traditional strengths.(AP Photo/Natasha Livingstone)
July 08, 2019 - 12:25 pm
BERLIN (AP) — The radical and painful restructuring of Germany's Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended. The bank plan unveiled Sunday aims to go "back to our roots" by...
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June 14, 2019 - 2:20 pm
SAN ANTONIO (AP) — An investment firm has purchased a majority stake in Whataburger as the Texas-based fast-food company seeks to expand in an increasingly competitive market. Whataburger announced Friday that the purchase by Chicago-based BDT Capital Partners should be finalized by the end of the...
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June 10, 2019 - 5:19 pm
SAN FRANCISCO (AP) — Private equity firm Apollo Global Management Photo is buying online photo publishing company Shutterfly for $51 per share. Apollo will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and photobooks of their favorite shots. But...
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