Mergers

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 […]

Practically before the ink was dry on its merger with Time Warner, AT&T announced a new streaming service called WatchTV. At $15 a month, it’s a lower-cost alternative to AT&T’s other streaming service, DirecTV Now. WatchTV is a pared-down bundle of channels that you typically see on cable TV, including Time Warner’s CNN and Cartoon […]

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 […]