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Saturday, July 11, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: merger


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.


UPDATED: Thu., July 13, 2017

Uber cedes control in Russian market with Yandex merger

Uber is ceding control of the Russian market by agreeing to merge its ride-sharing business in the country with Yandex, the Russian search-engine leader that also runs a popular taxi-booking …


Antitrust regulators sign off on Cabela’s sale to Bass Pro

U.S. antitrust regulators have ended their investigation into Bass Pro Shops’ $4 billion deal to buy Cabela’s, Cabela’s said Wednesday.


UPDATED: Thu., June 29, 2017

Walgreens scraps Rite Aid takeover, will buy stores instead

Walgreens Boots Alliance is scrapping its deal to buy all of rival Rite Aid and instead will buy a smaller piece of the drugstore chain, after the original takeover effort …


UPDATED: Thu., June 8, 2017

Yahoo shareholders approve sale of web businesses to Verizon

Yahoo Inc. shareholders approved the $4.48 billion sale of the company’s main web properties to Verizon Communications, clearing the last major hurdle for a deal announced almost a year ago.


Clariant to buy Huntsman for $6.4 billion as M&A surges

Clariant agreed to buy Huntsman in an all-stock deal valuing the U.S. company at about $6.4 billion, extending a record run in transactions in the global chemicals industry.


Moody’s buying Bureau van Dijk for about $3.27 billion

Credit ratings agency Moody’s Corp. is buying financial data company Bureau van Dijk for about $3.27 billion.


Anthem’s latest court loss means Cigna deal is all but dead

Anthem Inc. is pretty much out of chances to hang on to Cigna Corp.


Coach’s bling fling, will spend $2.4B on Kate Spade

Coach will spend $2.4 billion for Kate Spade, tying together two premier brands in the luxury goods sector that have fought to snare younger shoppers.


Coffee giant JAB to buy Panera Bread chain for $7.5 billion

JAB Holding Co. agreed to buy Panera Bread Co. for about $7.5 billion, adding a fast-growing U.S. bakery chain to a food empire that spans coffee, bagels and doughnuts.


Amazon buys Mideast’s Souq.com after $800 million counteroffer

Amazon purchased the Middle East’s biggest online retailer Souq.com on Tuesday for an undisclosed amount, a day after a state-backed firm disclosed an $800 million counteroffer.


UPDATED: Mon., March 20, 2017

Albertsons said to weigh merger with organic grocer Sprouts

Albertsons Cos., the grocery-chain operator backed by Cerberus Capital Management, has held preliminary talks to merge with Sprouts Farmers Market Inc., people with knowledge of the matter said.


Clock runs down on Walgreens-Rite Aid deal; no extension set

Walgreens Boots Alliance Chief Executive Officer Stefano Pessina says he still believes in his company’s purchase of Rite Aid but can’t say whether the companies will extend the deal just …


Aetna’s Humana takeover blocked by judge as anticompetitive

Aetna Inc.’s $37 billion deal to buy rival insurer Humana Inc. was blocked by a federal judge, thwarting one of two large mergers that would reshape the U.S. health-care landscape. …


Coca-Cola buys AB InBev Africa unit for $3.2 billion

Coca-Cola Co. will pay $3.15 billion to buy Anheuser-Busch InBev out of an African bottling joint venture after the Budweiser brewer’s takeover of the U.S. beverage company’s partner in the …


Alaska-Virgin America merger joins very different airlines: Like ‘bacon on a donut’?

Alaska Air Group on Wednesday is completing its $4 billion acquisition of San Francisco-based Virgin America to become the fifth-largest U.S. airline.


Monsanto shareholders approve Bayer’s $57 billion takeover

Monsanto Co. shareholders on Tuesday overwhelmingly approved a $57 billion merger with Bayer AG, a deal that would combine two of the world’s biggest agricultural companies.


Alaska Airlines settles lawsuit against Virgin America deal

Alaska Airlines has removed its last major hurdle to buying Virgin America.


Fitbit buys software assets from smartwatch startup Pebble

Fitbit Inc., the fitness band maker, has acquired software assets from struggling smartwatch startup Pebble Technology Corp., a move that will help it better compete with Apple.


Johnson & Johnson in early talks to buy drugmaker Actelion

Johnson & Johnson said Friday that is in early talks to buy the Swiss drugmaker Actelion Pharmaceuticals.


Estee Lauder to buy makeup brand Too Faced for $1.45 billion

Estee Lauder Cos., making the biggest acquisition in its history, agreed to buy cosmetics company Too Faced for about $1.45 billion, scooping up a makeup brand that’s popular with millennials


Novartis said to hold talks to buy generics maker Amneal

Novartis is in talks to acquire U.S. generic-drugs maker Amneal Pharmaceuticals as the Swiss health-care company seeks to bolster its Sandoz business amid consolidation in the industry, according to people …


Samsung to buy Harman for $8 billion in bold autos gambit

Samsung Electronics is spending $8 billion to buy its way into a burgeoning market for automotive technology alongside Apple and Google as the smartphone business wanes.


AT&T rivals make wish lists as review of Time Warner deal begins

As AT&T Inc. and Time Warner Inc. seek government approval for their $85 billion megadeal, some of their most important negotiations may take place in private conversations with rival executives …


Blue Nile selling to private firms for $500 million

Online jeweler Blue Nile is being sold to a group of investors for $500 million in an all-cash deal.


Windstream to buy EarthLink for about $673 million

Windstream is buying rival EarthLink for about $673 million in stock as internet service providers try to bulk up and cut costs with revenue under pressure.


EU Commission holds up DuPont-Dow merger review

The EU Commission reviewing the proposed merger of agriculture and chemicals companies DuPont Co. and Dow Chemical has put its work on hold as it waits for more information from …


Rockwell Collins to buy B/E Aerospace for $6.4 billion

The move by Rockwell Collins Inc. to buy B/E Aerospace Inc. will combine two of the biggest suppliers to airplane makers and airlines.


A merged AT&T-Time Warner may not do consumers much good

AT&T and Time Warner are playing up how their $85.4 billion merger will lead to innovative new experiences for customers. But analysts, public-interest groups and some politicians are far from …


AT&T’s Time Warner deal looks like bad news for Verizon

AT&T’s $85.4 billion megadeal to acquire Time Warner is an unprecedented bid to diversify the telecom giant as network operators nationwide scramble to marry their communications pipes with exclusive content.