Latest Mergers and acquisitions News

UK investigates Takeaway.com-Just Eat food delivery merger

Jan. 24, 2020 6:25 AM EST

LONDON (AP) — British regulators have opened an initial investigation into a merger between U.K.-based food delivery company Just Eat and its Dutch rival Takeaway.com over worries that it might stifle competition. The Competition and Markets Authority said Friday it's looking into whether the 6...

FILE - In this April 3, 2019, file photo, Alan Horn, chairman of The Walt Disney Studios, speaks underneath poster images for 20th Century Fox films during the Walt Disney Studios Motion Pictures presentation at CinemaCon 2019, the official convention of the National Association of Theatre Owners (NATO) at Caesars Palace in Las Vegas. Disney is dropping the word “Fox” from the movie studios it acquired as part of last year's $71 billion purchase of Fox's entertainment business, according to published reports. According to trade publication Variety, 20th Century Fox will become 20th Century Studios, while Fox Searchlight Pictures will be Searchlight Pictures. Disney will still run them as separate studios within the company. (Photo by Chris Pizzello/Invision/AP, File)

Report: Disney dropping the 'Fox' from movie studio names

Jan. 17, 2020 5:03 PM EST

NEW YORK (AP) — Disney is dropping the word “Fox” from the movie studios it acquired as part of last year's $71 billion purchase of Fox's entertainment business, according to published reports. Disney will still run them as separate studios within the company. But trade publication Variety...

FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday, Dec. 18, 2019, that their boards signed a binding deal to merge the two automakers, creating the world’s fourth-largest auto company. (AP Photo/Bob Edme, File)

Fiat Chrysler in talks with Foxconn to develop electric cars

Jan. 17, 2020 2:35 PM EST

MILAN (AP) — Fiat Chrysler is in talks with the Taiwanese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat Chrysler is in the process of merging with France's PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both Fiat...

Judge won't stop Idaho tribe lawsuit against mining company

Jan. 10, 2020 3:33 PM EST

LEWISTON, Idaho (AP) — A Clean Water Act lawsuit filed by the Nez Perce Tribe that seeks to force a Canadian gold mining company to acquire permits for pollution discharged from its central Idaho facility will be allowed to continue, a federal judge decided. Judge B. Lynn Winmill at Boise forwarded the...

New Hampshire Gov. Chris Sununu places the first legal sports wagering bet on his mobile phone for the New England Patriots to win the Super Bowl at a sports bar in Manchester, N.H., Monday, Dec. 30, 2019. New Hampshire, who partnered with DraftKings, is the second New England state to approve sports wagering. (AP Photo/Charles Krupa)

New Hampshire becomes latest state to offer sports betting

Dec. 30, 2019 6:05 PM EST

New Hampshire became the second New England state to offer sports betting on Monday, with Republican Gov. Chris Sununu placing the first bet on the New England Patriots to win the Super Bowl. The $82 bet on his phone at a sports bar in Manchester kicks off sports betting online and on mobile devices after the...

Company: Iconic paper mill destroyed by fire to soon reopen

Dec. 30, 2019 5:08 PM EST

ELMWOOD PARK, N.J. (AP) — An iconic paper plant in northern New Jersey that was destroyed in a massive fire earlier this year will soon reopen, according to a top company official. Rob Baron, president and chief executive officer of Marcal Paper, told The Record that the plant in Elmwood Park will be "back...

CSX-Virginia rail deal also means good news for N Carolina

Dec. 24, 2019 5:12 AM EST

RALEIGH, N.C. (AP) — A multi-billion-dollar deal between CSX Corp. and Virginia to improve passenger rail service to and from Washington, D.C., also includes good news for efforts to run high-speed trains between Virginia and North Carolina. The freight railroad has agreed to let the North Carolina...

FILE - In this May 2, 2019, file photo, the DraftKings logo is displayed at the sports betting company headquarters in Boston. DraftKings announced Monday, Dec. 23 it is merging with two companies and taking its stock public. It will retain the DraftKings moniker and complete its merger with gambling tech firm SBTech sometime in the first half of 2020. (AP Photo/Charles Krupa, File)

Sports betting giant DraftKings plans merger, to go public

Dec. 23, 2019 2:11 PM EST

BOSTON (AP) — Sports betting giant DraftKings plans to merge with two other firms and go public, the Boston-based company announced Monday. DraftKings said it will complete its merger with gambling tech firm SBTech and acquisition company Diamond Eagle Acquisition sometime in the first half of 2020....

Democratic presidential candidate South Bend Mayor Pete Buttigieg speaks during a Democratic presidential primary debate Thursday, Dec. 19, 2019, in Los Angeles. (AP Photo/Chris Carlson)

Buttigieg leads 2020 rivals in Wall Street contributions

Dec. 21, 2019 1:02 PM EST

WASHINGTON (AP) — The financial sector, blamed by progressives for spawning the 2008 economic collapse, is lining up behind Pete Buttigieg’s presidential campaign. The mayor of South Bend, Indiana, has collected more campaign cash from donors and political action committees tied to the financial,...

Jean-Michel Aulas, center, owner and president of the French soccer team Olympique Lyonnais, speaks as Bill Predmore, right, former owner of the National Women's Soccer League Reign FC team, and OL Groupe's Gerard Houllier, left, look on, Thursday, Dec. 19, 2019, at a news conference in Tacoma, Wash. OL Groupe, the parent company of Olympique Lyonnais, is buying Reign FC, of the in a transaction expected to close in January 2020. Reign FC will continue to play its home games at Cheney Stadium, the venue it shares with the Triple-A minor league baseball team the Tacoma Rainiers. (AP Photo/Ted S. Warren)

NWSL's Reign FC acquired by French powerhouse OL Groupe

Dec. 19, 2019 7:01 PM EST

TACOMA, Wash. (AP) — Reign FC of the National Women's Soccer League has been acquired by the OL Groupe, the parent company of French powerhouse Olympique Lyonnais. The French group will hold an 89.5% operating stake in the club when the sale closes, which is expected in January. Current Reign FC majority...