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Saturday, March 28, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: merger

UPDATED: Tue., Feb. 11, 2020

Price worries remain after judge OKs T-Mobile’s Sprint deal

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 …

Fiat Chrysler eyes Peugeot merger, seeking strength in size

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 …

UPDATED: Tue., June 4, 2019

Renault delays decision on Fiat Chrysler marriage proposal

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 …

UPDATED: Mon., May 20, 2019

FCC chairman backs T-Mobile-Sprint deal in key endorsement

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 , …

Sam Adams’ Boston Beer buys Dogfish Head for $300 million

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.

Rob Curley: How one defining moment in Avista CEO Scott Morris’ life helped him work through another – the proposed sale to Hydro One

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 …

Board reshuffle at Rite Aid after 2 failed merger attempts

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 …

UPDATED: Mon., Sept. 24, 2018

Barrick buys Randgold to create world’s largest gold miner

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.

UPDATED: Thu., Aug. 9, 2018

Merger cancellation pushes Rite Aid into uncertain future

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.

UPDATED: Tue., June 12, 2018

Federal judge approves AT&T-Time Warner merger

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 …

Sprint, T-Mobile have to sell $26.5B deal to antitrust cops

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.

UPDATED: Sun., April 29, 2018

Sprint and T-Mobile agree to combine in all-stock deal

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 …

UPDATED: Fri., March 30, 2018

Health care providers Providence, Ascension end merger talks

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.

UPDATED: Sun., Jan. 21, 2018

Montana public unions merge to form state’s largest group

Two unions representing Montana public employees decided to merge, a decision that organizers said will create the largest union in the state.

Silver Spring Networks stockholders approve merger with Itron

Stockholders of a San Jose, California-based smart utility company have approved its merger with Itron Inc., of Liberty Lake.

UPDATED: Tue., Nov. 21, 2017

Avista shareholders’ expected approval today of a merger with Hydro One of Canada is a long time coming

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 …

UPDATED: Thu., Nov. 16, 2017

Report: Time Inc. in merger talks with Meredith

Time Inc. is considering a sale to fellow publisher Meredith Corp., according to media reports.

Sprint, T-Mobile end merger talks

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.

UPDATED: Mon., Oct. 23, 2017

Spokane-based Potlatch moves to acquire rival Arkansas timber company

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.

UPDATED: Tue., Sept. 19, 2017

Walgreens, Rite Aid revise store purchase deal to $4.38B

Walgreens and Rite Aid have finally devised a combination of the nation’s largest and third-largest drugstore chains that will get past antitrust regulators.

Nestle buys vegetarian meals maker Sweet Earth

The maker of Hot Pockets wants to go vegetarian, California-style.

UPDATED: Fri., Aug. 25, 2017

Accounting firm Moss Adams expands with merger

Seattle-based accounting firm Moss Adams LLP has announced plans to merge with Hein & Associates LLP of Denver. About 98 people work in Moss Adams Spokane office.

Whole Foods shareholders say yes to Amazon deal

Whole Foods shareholders voted Wednesday to bless a $13.7 billion union with Amazon that the organic grocery chain’s CEO had called “love at first sight.”

EU probes Bayer’s planned buyout of Monsanto

The European Union’s anti-trust watchdog said Tuesday that it has launched a probe into German chemical maker Bayer’s planned acquisition of U.S. seed and weed-killer company Monsanto.

Total chases growth with $5 billion purchase of Maersk Oil

Total agreed to buy the oil and gas unit of A.P. Moller-Maersk, the French company’s biggest acquisition since 1999 and another sign of the accelerating pace of energy deals after …

Sempra bests Berkshire with $9.45 billion offer for Oncor

U.S. utility owner Sempra Energy has agreed to buy control of Texas power distributor Oncor Electric Delivery for $9.45 billion, topping a bid by Warren Buffett’s Berkshire Hathaway just last …

Herbalife held unsuccessful sale talks

Herbalife says that it was in talks to be acquired and taken private, but that those negotiations ended last week.

UPDATED: Mon., July 31, 2017

Discovery buys Scripps for $11.9 billion, creating cable giant

Discovery Communications agreed to buy Scripps Networks Interactive for $11.9 billion in a bet that uniting ownership of cable channels like Animal Planet and HGTV will help the company adapt …

Michael Kors takes over shoemaker Jimmy Choo

American fashion brand Michael Kors has bought luxury shoemaker Jimmy Choo in a deal worth $1.35 billion.

WebMD agrees to be bought by buyout firm KKR for $2.8 billion

WebMD Health Corp. agreed to sell itself to buyout firm KKR & Co. in a deal valued at about $2.8 billion.