AT&T’s acquisition of DirecTV is almost a done deal with The US Department of Justice (DoJ) today giving it its blessing. The proposed $48.5 billion merger has also been given the thumbs up by the […]
Tag: M&A
Defense Giant Lockheed Acquires Helicopter Maker Sikorsky In $9 Billion Deal
In a big move for Lockheed Martin, the largest U.S. weapons maker will acquire Sikorsky Aircraft, a division of United Technologies. The sale price: $9 billion. The deal is expected to close later this year […]
Google Expanding Into Local Services Business With HomeJoy Acquisition
Google is getting into the local services game after it announced it will be releasing technology to match local professionals to customers for services in all aspects of home maintenance. Customers will have access to […]
Proposed Chinese Acquisition Of Chipmaker Micron Will Face Tough National Security Review
A bid by China’s largest computer chip maker to take over Micron, one of the largest American computer chip companies, has raised a large number of eyebrows in Washington. China’s offer to buy out the […]
Big Health Keeps Getting Bigger: Aetna To Buy Rival Health Insurer Humana
Consolidation continues to occur in the already consolidated health insurance market as hot on the heals of Anthem’s $54 billion bid for rival Cigna, Aetna announced it will acquire all outstanding shares of Humana at […]
Judge Sides With FTC, Rules Merger Of Food Giants Sysco, US Foods Would Be Anticompetitive
American consumers can look forward to more competition in restaurant food prices as Sysco Corp, the nation’s largest food distributor to restaurants, lost its battle with the U.S. government over its proposed merger with the […]
Big Healthcare Keeps Getting Bigger As Anthem Ups Its Bid for Cigna
A $54-billion bid by Anthem Inc. to purchase chief rival Cigna Corp. will result in more consolidation of the health insurance market and potentially higher premiums and less choice for Americans looking for health insurance. […]
Martha Stewart Sells Her Namesake Company For Discount Price
Former media tycoon and do-it-yourself maven Martha Stewart sold her unprofitable lifestyle business Martha Stewart Living Omnimedia, for a near clearance price. Once valued at $2 billion after it went public at the height of […]
T-Mobile And Dish Network In Talks To Merge
Ahead of the FCC’s tough new network neutrality rules everyone in the tv and mobile phone space seems desperate to merge. The latest to just the party is T-Mobile and the Dish Network, whose merger […]
Intel Flexes Muscle As World’s Largest Chipmaker By Buying Altera In $16 Billion Deal
After months of dancing around, Intel has purchased chipmaker Altera for $16.7 billion, ending months of takeover speculation. The acquisition will mean Intel will get Altera’s coveted, super high margin, field-programmable gate array (FPGA) tech, […]
Microsoft Looking For More Acquisitions, Eyes Struggling Blackberry
Struggling smartphone maker Blackberry may be on the auction block again, as software giant Microsoft eyes a bid for the Canadian company. Microsoft recently lost a bid for rival software giant Salesforce and the latest […]
Salesforce Snubs Microsoft’s $55 Billion Bid
The mystery bidder for Salesforce has been confirmed as Microsoft, according to sources close to the deal. The software giant wanted to buy the cloud giant for $55 billion but the bid was rejected by […]
Haven’t Heard Of Uber? You Will. It’s Raising $2 Billion To Fundamentally Change America
Uber has big, ambitious plans. Don’t be tricked into thinking its just a taxi-hailing app, it’s plans are much larger than that. It’s heavily investing in self driving cars. It’s working on a nation-wide same […]
Software Giant Salesforce Defending Itself From Hostile Takeover
In a sign of just how hot things are in the cloud software space Salesforce, a company worth $44 billion, has hired financial advisers to field takeover offers Bloomberg has reported. It’s unknown who the […]
Higher Cable Prices Likely As FCC Set To Approve AT&T DirectTV Merger
Despite rejecting the proposed Comcast and Time Warner Cable merger on the grounds of reduced competition the FCC appears set to allow mergers of Internet and TV providers. AT&T’s proposed $48.5 billion acquisition of DirecTV […]
Uber’s War With Google Heats Up Over Maps
Nokia is selling its mapping business and there are some interesting bidders in the mix. At least four potential buyers including Facebook and a consortium of German carmakers representing BMW, Audi and Daimler, are interested […]