Mergers and Acquisitions
Dec 3, 2012
America’s biggest airline, Delta, is reported to be bidding for a big stake in Sir Richard Branson’s Virgin Atlantic. The deal could lead to Branson giving up control of the carrier he founded.
Nov 23, 2012
Glencore, the Swiss commodities trading firm, is trying to takeover a mining company called Xstrata. And the deal just got a stamp of approval from European regulators.
Oct 30, 2012
Hollywood insider Sharon Waxman, of The Wrap, breaks down Disney's $4.05 billion deal to buy filmmaker George Lucas' production company, Lucasfilm.
Oct 15, 2012
Softbank, Japan’s No. 3 mobile phone network, agrees to buy a majority stake in Sprint, in a bold bid to take on giants AT&T and Verizon.
Aug 29, 2012
United’s technical team is scrambling to solve the computer problems that caused long lines of angry people. United has struggled with this since acquiring Continental in 2010.
Aug 27, 2012
The separate brands are expected to survive a merger of their parent companies.
Aug 20, 2012
The $5.7 billion deal with let Aetna double its number of Medicaid members.
Aug 13, 2012
Mergers and acquisitions news today as Google adds guidebook company Frommer's to its travel and entertainment quiver. What does the search company want to do with the old-school guidebook?
Jul 20, 2012
After the close on Wall Street yesterday, Microsoft announced its first quarterly loss ever. And Google announced a $2.8 billion profit for the quarter. Two very different situations -- but they might just share a theme.
Jul 3, 2012
Cable's The Weather Channel seeks to bolster its forecasting credentials by acquiring Weather Underground, weather buffs' favorite source for learning which way the wind blows.