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Sunday, January 19, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: merger


Enron Agrees To Buy Portland General

Energy powerhouse Enron Corp. has agreed to buy electricity wholesaler and utility Portland General Corp. for $2.1 billion in stock. The deal will create the nation’s largest combined electric and …


Largest Insurer Created

Aetna Life and Casualty Co. is buying U.S. Healthcare Inc. in an $8.9 billion deal that will create the nation’s biggest provider of health benefits, reaching one in every 12 …


Boeing-Mcdonnell Talks Break Down

Talks aimed at The Boeing Co.’s purchase of the McDonnell Douglas Corp. apparently have broken down with the two aerospace giants unable to agree on price or who would lead …


Warner-Lambert, Glaxo Strike Deal

Warner-Lambert Co. accelerated its drive to become the world’s top over-the-counter drug seller Tuesday with an agreement to pay Glaxo Wellcome $1.05 billion for its interest in their non-prescription drug …


Time Warner, Turner Close To Striking Deal

Time Warner Inc. and Turner Broadcasting System Inc. appeared to be closer to a deal Tuesday despite signs that the proposed terms may have upset a Time Warner partner, the …


Suitor May Buy Troubles With Turner Time Warner Taking Big Risk In Bid For Entertainment Giant

As Time Warner Inc. woos Turner Broadcasting System Inc., it may also be courting trouble. Time Warner is hoping the Atlanta-based cable network and entertainment company will provide programming and …


Time Warner, Turner Talk About Merging

Time Warner Inc. is negotiating with Turner Broadcasting System to create what could be the latest in a string of megamergers this summer, the New York Post reported today. The …


Disney, Abc Coupling Creates Media Family A Parent Can Love Companies Wedded To Mainstream Image In Ever-Changing Media World

Talk all you want about 500 channels and narrowcasting to niches of viewers, Monday’s announcement that Walt Disney Co. would buy Capital Cities/ABC Inc. was a $19 billion vote of …


Industrial Workers To Form 1 Big Union Auto Workers, Steelworkers And Aerospace Workers To Announce Merger Today

Three of the county’s biggest industrial unions, including two that represent 33,500 production workers at The Boeing Co., are expected to announce plans today to merge and become the nation’s …


S. Koreans To Buy Last U.S. TV Maker

Zenith Electronics Corp., the last television maker based in the United States, will be acquired by South Korea’s LG Electronics for $350 million, the companies said Monday. The 77-year-old Zenith’s …


Valley, City Fire Dispatch Centers Would Merge Under Plan

Spokane Valley Fire District is considering a plan to join the city fire department in a consolidated dispatch center. Under the proposal, the dispatch centers would merge by Jan. 1, …


First Union Plans Biggest Bank Deal

Edward E. Crutchfield, First Union chairman and chief executive officer, talks about the merger with First Fidelity. Photo by Associated Press


Two Local Insurers Combined Corkery & Jones Merges With Moloney & O’Neill

Two Spokane insurance companies with almost a century of experience between them have merged. Moloney & O’Neill Inc. and Corkery & Jones Insurance Inc. became Moloney, O’Neill, Corkery & Jones …


Drug Deal Goes Down Hoechst, Marion Merrell Dow Reach Agreement On $7.1 Billion Buyout

Kansas City, Mo.-based Marion Merrell Dow will merge with Hoechst AG of Germany in a deal struck Thursday. Photo by Associated Press


Two Local High-Tech Companies Merge

Two Spokane Valley high-technology companies have merged, cutting their costs and possibly some jobs. Consolidated Electronics Inc. and Adept Engineering Inc. completed the merger Friday. The companies already are located …


Accounting Giants To Merger Firms

The real estate accounting specialist Kenneth Leventhal & Co. will merge June 1 with the giant accounting and consulting firm Ernst & Young LLP, the firms announced Monday. Terms of …


Local Miles Plant Joins Bayer Chain

Miles Inc. becomes Bayer Corp. April 3 in a nationwide changeover that will include the company’s facility on North Regal. The Spokane plant, which produces anti-allergy products, will unveil a …


Sheriff’s Letter Asks 911 Merger Post Falls Center Duplicates Newer County Operation, Clegg Tells State

The state should shut down Post Falls’ 911 center now that the county’s version is running smoothly, sheriff’s officials said Monday. Kootenai County Sheriff Pierce Clegg contends the city’s emergency …


Sheraton Changing To Red Lion

The Sheraton-Spokane, one of the best known hotels in the Inland Northwest, will get interior and exterior redesigns when it becomes a Red Lion Inn this summer. According to the …


Black, Tomlinson Agencies To Merge

James S. Black & Co. and the Tomlinson Real Estate group - two of the oldest and largest real estate companies in Spokane - will merge March 1, the companies …