Oil has risen to roughly $40 a barrel after plummeting in April. With prices holding steady, big oil companies are likely to pounce on smaller ones.
Companies date, some break up, others marry and try their odds.
U.S. Foods Holding Corp, already among the largest food service distributors in the country, announced today that it is buying five businesses from Service Group of America. It’s a $1.8 billion cash deal that adds up to $3.2 billion in annual sales and 3,400 employees in a push West across the U.S. But what does that mean for your […]
Why the company is focused on Europe for growth.
A federal court’s historic decision to let AT&T and Time Warner merge has unleashed other deal talks among giant companies. Just a day after the decision, Comcast renewed its bid for 21st Century Fox assets — a $65 billion offer. Compare that to Disney’s bid of $52.4 billion. Fox now has two eager suitors – both […]
Yesterday … a judge cleared AT&T’s $85 billion acquisition of Time Warner. Today… Comcast bid $65 billion in cash for 21st Century Fox assets, which Disney is already trying to buy. Coincidence? I think not. The AT&T decision was closely watched for the implications it could have on other deals. So, more to come? Click […]
General Mills is set to pay $8 billion for pet food maker Blue Buffalo. That’s the company that markets, among other products, “farm-to-table canine cuisine.” Here’s what’s behind this deal — and why this market is so red hot. Click the audio player above to hear the full story.
Keurig Green Mountain, the single-serve coffee pod maker, announced today that it will be merging with Dr Pepper Snapple Group in a deal worth an estimated $20 billion. Merging the hot and cold beverage brands will give a big boost to Keurig’s distribution network here in the U.S. Click the audio player above to hear […]
The Walt Disney Company is buying 21st Century Fox assets in a deal worth more than $52 billion.