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Mobile carrier T-Mobile has completed the takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size.
A federal judge has cleared a major path for T-Mobile to buy Sprint for $26.5 billion, citing T-Mobile’s track record in promoting competition, even as legal scholars and consumer advocates warn about higher phone bills.
Fiat Chrysler Automobiles said Wednesday it is in talks with French rival PSA Peugeot in its second bid this year to reshape the global auto industry at a time of heightened uncertainty for the sector.
Renault has delayed a decision on whether to merge with Fiat Chrysler, a deal that could reshape the global auto industry as carmakers race to make electric and autonomous vehicles for the masses.
Federal Communications Commission Chairman Ajit Pai said Monday he supported the deal because the two companies promised to expand mobile internet access in rural areas and roll out 5G , the next generation of mobile networks.
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.
Scott Morris is the CEO of Avista as it heads directly into one of the biggest and more important moments in the iconic Spokane company’s 128-year history: its pending $5.3 billion sale to Canada’s Hydro One.
After two failed buyout attempts that could have put it in a better position to compete against larger rivals, Rite Aid is shuffling its board of directors and dividing power at the top of the drugstore chain.
Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world’s largest gold miner, worth a combined $18 billion.
Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote.
A federal judge approved the $85 billion mega-merger of AT&T and Time Warner on Tuesday, a move that could usher in a wave of media consolidation while shaping how much consumers pay for streaming TV and movies.
To gain approval for their $26.5 billion merger agreement, T-Mobile and Sprint aim to convince antitrust regulators that there is plenty of competition for wireless service beyond Verizon and AT&T.
T-Mobile and Sprint announced Sunday that they reached an agreement to combine into a new company that would reshape the U.S. wireless landscape by reducing it to three major cellphone providers.
Washington-based Providence St. Joseph Health has stopped merger talks with St. Louis, Mo.-based Ascension health network, according to a report in the Wall Street Journal.
Two unions representing Montana public employees decided to merge, a decision that organizers said will create the largest union in the state.
Stockholders of a San Jose, California-based smart utility company have approved its merger with Itron Inc., of Liberty Lake.
Hydro One may be the partner Avista has sought for more than 20 years. With its assurances of continued local control, and oversight by utility commissions, the deal may at last provide the stability that has been so elusive for so many years.
Time Inc. is considering a sale to fellow publisher Meredith Corp., according to media reports.
Wireless carriers Sprint and T-Mobile called off a potential merger, saying the companies couldn’t come to an agreement that would benefit customers and shareholders.
Potlatch Corp. plans to merge with a smaller rival, Deltic Timber Corp., in an all-stock deal that will create a company with 2 million acres of private timberland holdings.