Mergers and acquisitions

FILE - Top, in a Feb. 17, 2019, file photo, William Byron (24) and Alex Bowman (88) lead the field to start a NASCAR Daytona 500 auto race at Daytona International Speedway, in Daytona Beach, Fla. Bottom, in an April 28, 2019, file photo, Brad Keselowski (2) leads a pack of cars through the oval during the NASCAR Cup Series auto race at Talladega Superspeedway, in Talladega, Ala. NASCAR is buying International Speedway in a deal worth about $2 billion. The International Speedway Corp. owns some of the most well known car racing facilities in the United States, including the Daytona International Speedway in Florida, where it’s based, and the Talladega Superspeedway in Alabama. The companies said Wednesday, May 22, that deal is expected to close this year.(AP Photo/File)
May 22, 2019 - 1:44 pm
NASCAR announced a $2 billion merger agreement with International Speedway Corp. on Wednesday, an aggressive move to gain control of key racetracks and set itself up for sweeping changes that could save America's most popular racing series. The deal is expected to close by the end of the year. ISC...
Read More
FILE - In this April 12, 2019 file photo, Federal Communications Commission Chairman Ajit Pai speaks during an event with President Donald Trump on the deployment of 5G technology in the United States, in the Roosevelt Room of the White House, in Washington. Pai says he plans to recommend the agency approve the $26.5 billion merger of wireless carriers T-Mobile and Sprint, saying it’ll speed up 5G deployment in the U.S. Pai also said Monday, May 20 that the combination will help bring faster mobile broadband to rural Americans. (AP Photo/Evan Vucci, File)
May 20, 2019 - 5:01 pm
NEW YORK (AP) — A key federal regulator says he backs T-Mobile's $26.5 billion takeover of rival wireless carrier Sprint, a crucial step for the deal's approval. Federal Communications Commission Chairman Ajit Pai said Monday he supported the deal because the two companies promised to expand mobile...
Read More
Dogfish Head Brewery
Marta Zielinska/WCBS 880
May 10, 2019 - 8:55 am
MILTON, Del. (AP) — Delaware-based craft beer company Dogfish Head Brewery is being acquired by the Boston-based brewer of Sam Adams beer in a $300 million cash and stock deal. The Boston Beer Company announced Thursday that it had entered into definitive agreements to acquire all of the equity...
Read More
FILE - In this June 15, 2018, file photo, the Winston razor and Harry's face lotion are on display at the headquarters of Harry's Inc., in New York. Harry's, the upstart shaving company, is being acquired by the owner of Schick razors for $1.37 billion, which was announced Thursday, May 9, 2019. (AP Photo/Mary Altaffer, File)
May 09, 2019 - 2:27 pm
NEW YORK (AP) — If you can't beat them, join them. The owner of Schick razors is acquiring upstart shaving company Harry's for $1.37 billion, continuing a trend of consolidation in the shaving industry, where established brands have struggled with the rise of digital-savvy newcomers. About 79% of...
Read More
Shareholders in overflow rooms watch on a big screen as Berkshire Hathaway Chairman and CEO Warren Buffett, left, and Vice Chairman Charlie Munger preside over the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Saturday, May 4, 2019. An estimated 40,000 people are thought to be in town for the event, where Buffett and Munger spend hours answering questions. (AP Photo/Nati Harnik)
May 04, 2019 - 2:45 pm
OMAHA, Neb. (AP) — Tens of thousands of Berkshire Hathaway shareholders return to Omaha every year to learn from Warren Buffett and celebrate the company he built through acquisitions and investments. But with the 88-year-old Buffett and 95-year-old Charlie Munger leading the company, it's hard for...
Read More
CEO Werner Baumann, right, and Chairman of the Supervisory Board Werner Wenning, left, shake hands during the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. Following the record acquisition of U.S. biotech and seed company Monsanto, Bayer's agricultural business has become a risk for the German chemical company. Bayer is facing enormous cost if the U.S. court will find Monsanto's glyphosate to be causing cancer. Since the take-over of Monsanto in June 2018, Bayer lost around half of its value in market capitalization. (AP Photo/Martin Meissner)
April 26, 2019 - 7:08 am
BERLIN (AP) — Bayer's top managers are facing shareholders amid discontent over the fallout from the German company's acquisition of Monsanto, the maker of Roundup weed killer. Chairman Werner Wenning told the annual general meeting in Bonn on Friday that company leaders "very much regret" falls in...
Read More
FILE-In this March 18, 2019 file photo headquarters of Deutsche Bank, left, and Commerzbank are seen in Frankfurt, Germany. Deutsche Bank and Commerzbank are halting talks on a possible merger that would have created Germany's biggest financial institution. (AP Photo/Michael Probst)
April 25, 2019 - 8:38 am
FRANKFURT, Germany (AP) — Germany's Deutsche Bank and Commerzbank said Thursday they were halting talks on a possible merger that aimed to create a stronger global banking player, saying it would be too risky and costly. Deutsche Bank CEO Christian Sewing said in a statement that that the...
Read More
A British Union flag is flown behind a European Union flag during demonstrations near Parliament in London, Wednesday, April 10, 2019. Just days away from a no-deal Brexit, European Union leaders meet Wednesday to discuss granting the United Kingdom a new delay to its departure from the bloc. (AP Photo/Kirsty Wigglesworth)
April 15, 2019 - 7:02 am
LONDON (AP) — Brexit may be causing all sorts of uncertainty in Britain but it doesn't seem to be putting off foreign investors. In a survey on corporate deal-making published Monday, consulting and accounting firm EY says Britain is the top investment destination in the world for the first time in...
Read More
In this June 24, 2018 photo, Ammal Farahat, who has signed up to be a driver for Careem, a regional ride-hailing service that is a competitor to Uber, opens the Careem app on her mobile phone before she starts driving, in Riyadh, Saudi Arabia. Ride-hailing service Uber announced on Tuesday, March 26, 2019 it has acquired Mideast competitor Careem for $3.1 billion, giving the San Francisco-based firm the commanding edge in a region with a large young, tech-savvy population. (AP Photo/Nariman El-Mofty)
March 26, 2019 - 6:50 am
DUBAI, United Arab Emirates (AP) — Ride-hailing service Uber announced on Tuesday it has acquired Mideast competitor Careem for $3.1 billion, giving the San Francisco-based firm the commanding edge in a region with a large young, tech-savvy population. Uber said the purchase consists of $1.7...
Read More
March 22, 2019 - 4:22 pm
ALBUQUERQUE, N.M. (AP) — One of the largest coal-fired power plants in the West will close this year as planned after a Navajo Nation company ended its long-shot bid Friday to acquire it. The Navajo Generating Station has operated for decades in northeastern Arizona near the Utah border, providing...
Read More

Pages