Latest Mergers and acquisitions News

FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal regulators are amping up their investigation of the market dominance of five giant tech companies, demanding detailed information on their acquisitions back to 2010.  The Federal Trade Commission announced the move Tuesday, issuing orders to Facebook, Amazon, Apple, Microsoft and Google's parent Alphabet Inc. (AP Photo/Alex Brandon, File)

US regulators probing 5 tech companies' acquisitions to 2010

Feb. 11, 2020 7:32 PM EST

WASHINGTON (AP) — Federal regulators are ramping up their investigation of the market dominance of giant tech companies, demanding detailed information on five companies' acquisitions of smaller firms back to 2010. The Federal Trade Commission announced the move Tuesday, issuing orders to Facebook,...

FILE - In this Jan. 15, 2020, file photo T-Mobile chief executive John Legere speaks to reporters as he leaves the courthouse in New York. A federal judge has removed a major obstacle to T-Mobile's $26.5 billion takeover of Sprint, as he rejected claims by a group of states that the deal would mean less competition and higher phone bills. (AP Photo/Seth Wenig, File)

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

Feb. 11, 2020 4:28 PM EST

NEW YORK (AP) — 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. Judge Victor Marrero in New York said he believed the new T-Mobile...

FILE - In this June 15, 2018, file photo, the Winston razor and Harry's face lotion are on display at the headquarters of Harry's Inc., in New York. Federal antitrust regulators say a proposed merger that would combine old-school shaving company Schick with upstart Harry's would end up costing consumers some skin. (AP Photo/Mary Altaffer, File)

Schick owner retreats from $1.37B buyout of Harry's

Feb. 10, 2020 10:35 AM EST

SHELTON, Conn. (AP) — The company that owns Schick has terminated its attempt to buy the upstart shaving company Harry’s for $1.37 billion, just days after the U.S. sued to block the acquisition. Edgewell Personal Care Co. said Monday that it will move forward as a standalone company. It also said...

Federal officials OK drilling in Beartooth Mountains

Feb. 9, 2020 5:21 PM EST

BILLINGS, Mont. (AP) — U.S. Forest Service officials have given conditional approval to a Canadian company to conduct exploratory drilling at 35 sites in Montana's Beartooth Mountains. Vancouver-based Group Ten received authorization for the work over the next seven summers, pending acquisition of a...

FILE - In this Thursday, Feb. 6, 2020 file photo, Attorney General William Barr gives the keynote address to the Center for Strategic and International Studies, CSIS China Initiative Conference  in Washington. Attorney General William Barr said the U.S. government should consider taking a “controlling stake” in the European companies Nokia and Ericsson to thwart the global ambitions of China-based Huawei, which holds a leading share of the market for 5G wireless equipment, Thursday, Feb. 6, 2020. (AP Photo/Cliff Owen, File)

Barr's call for U.S. control of 5G providers quickly rebuked

Feb. 7, 2020 5:36 PM EST

NEW YORK (AP) — Trump administration officials, increasingly intent on preventing Chinese global technological domination, keep floating the idea that the U.S. government should take a more direct hand in running next-generation 5G wireless networks. But the notion isn't terribly popular — not even...

2 Idaho-based trout farms combine in acquisition deal

Feb. 5, 2020 4:22 PM EST

FILER, Idaho (AP) — Idaho trout farm Riverence Holdings has announced the acquisition of its larger competitor Clear Springs Foods and now controls the majority of the market share in the state. Riverence founder and television writer David Kelley made the announcement Saturday. Riverence grows steelhead...

Wisconsin court: Bid to recover smuggled car can continue

Feb. 4, 2020 5:06 PM EST

MADISON, Wis. (AP) — An attempt to recover a rare car that thieves smuggled from Milwaukee to Europe more than a decade ago can continue, the Wisconsin Supreme Court ruled Tuesday. According to court documents and Milwaukee Journal Sentinel newspaper reports, millionaire Roy Leiske's 1938 Talbot Lago, a...

FILE - In this June 15, 2018, file photo, the Winston razor and Harry's face lotion are on display at the headquarters of Harry's Inc., in New York. Federal antitrust regulators say a proposed merger that would combine old-school shaving company Schick with upstart Harry's would end up costing consumers some skin. (AP Photo/Mary Altaffer, File)

FTC sues to block Harry's sale to Schick owner Edgewell

Feb. 4, 2020 11:38 AM EST

NEW YORK (AP) — Federal antitrust regulators say a proposed merger that would combine old-school shaving company Schick with upstart Harry's would end up costing consumers some skin. The Federal Trade Commission on Monday sued to block Edgewell Personal Care Co.'s $1.37 billion acquisition of Harry's,...

California state Sen. Scott Wiener announces he will introduce legislation to take over Pacific Gas & Electric at a rally in San Francisco Monday, Feb. 3, 2020. The legislation is aimed at transforming the nation's largest electric utility into a publicly-owned company. Wiener said the bill would involve a public takeover of Pacific Gas & Electric and its sprawling network of power lines that have been blamed for starting catastrophic wildfires that have killed dozens of people and caused billions of dollars in damage. (AP Photo/Janie Har)

California bill seeks takeover of nation's largest utility

Feb. 3, 2020 5:22 PM EST

SAN FRANCISCO (AP) — Frustrated by repeated safety lapses at the nation's largest electric company, a California lawmaker on Monday introduced legislation that would force taxpayers to buy the struggling utility and turn it into a public entity with a safety-first mission ahead of shareholder profits. The...

Attorney general's office won't oppose hospital acquisition

Feb. 3, 2020 4:20 PM EST

CONCORD, N.H. (AP) — The New Hampshire attorney general's office said Monday it is not opposing the proposed acquisition of Frisbie Memorial Hospital in Rochester by a subsidiary of the Hospital Corporation of America. The 88-bed Frisbie Hospital provides inpatient and outpatient services to over 100,000...