Latest Mergers and acquisitions News

FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York.  Mobile carrier T-Mobile has completed its takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The deal was announced two years ago and has taken a long time to close because of pushback from state and federal regulators.(AP Photo/Bebeto Matthews, File)

Sprint and T-Mobile merge, creating new wireless giant

Apr. 1, 2020 4:21 PM EDT

NEW YORK (AP) — Mobile carrier T-Mobile has completed the takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The companies announced the deal, valued at $31.6 billion based on T-Mobile's closing stock price Tuesday, two years ago. It has taken a long...

Regulators approve sale of Emera Maine to Canadian company

Mar. 17, 2020 6:59 PM EDT

BANGOR, Maine (AP) — Regulators approved the $1.3 billion sale of a Maine electric utility Tuesday to a Canadian company. The Maine Public Utilities Commission voted unanimously to approve the acquisition of Emera Maine by ENMAX Corp. after rejecting a proposal to finalize an earlier version on March 5. ...

European Commission President Ursula von der Leyen speaks during a media conference at EU headquarters in Brussels, Friday, March 13, 2020. The European Union on Friday urged member countries to put in place health screening measures at their borders to slow the spread of the novel coronavirus, but warned them to coordinate their actions to ensure that people affected can still quickly get the health care they need. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Thierry Monasse)

EU funds firm developing virus vaccine amid US interest

Mar. 16, 2020 4:48 PM EDT

BERLIN (AP) — The European Union on Monday announced a multimillion-dollar investment in a German company that is working on a potential vaccine for the new coronavirus amid reports that the U.S. government was interested in acquiring the firm. The funding is part of a coordinated EU response to COVID-19,...

Wisconsin joins multistate cellphone merger settlement

Mar. 12, 2020 11:08 AM EDT

MADISON, Wis. (AP) — Wisconsin and 10 other states have reached a deal with communications companies T-Mobile and Sprint to settle litigation challenging the companies' merger, Attorney General Josh Kaul said Thursday. The states — Wisconsin, Connecticut, Hawaii, Illinois, Maryland, Massachusetts,...

This photo shows signage a T-Mobile store in New York, Monday, April 30, 2018. On Wednesday, March 11, 2020, California’s Attorney General Xavier Becerra said that the state will not appeal a judge’s decision approving the merger of T-Mobile and Sprint. (AP Photo/Bebeto Matthews)

California AG drops challenge to T-Mobile-Sprint merger

Mar. 11, 2020 5:54 PM EDT

NEW YORK (AP) — California’s attorney general said Wednesday that the state will not appeal a judge’s decision approving T-Mobile's $26.5 billion purchase of Sprint, bringing the companies closer to creating a new wireless giant on par with AT&T and Verizon in size. Attorney General...

FILE - In this May 22, 2018 file photo, PEN literary service award recipient Stephen King poses with Simon & Schuster president Carolyn Reidy at the 2018 PEN Literary Gala at the American Museum of Natural History on in New York.  ViacomCBS, fresh off a merger, is looking to sell its Simon & Schuster book publishing business as it tries to raise cash to pay down debt and please shareholders with dividends and stock buybacks. ViacomCBS CEO Bob Bakish said the book publisher is not a “core asset” of the company since it isn't video. But he said it's a “marquee asset” that is “highly valuable.” (Photo by Evan Agostini/Invision/AP, File)

Publisher Simon & Schuster for sale, not 'core' to ViacomCBS

Mar. 4, 2020 2:27 PM EST

NEW YORK (AP) — Simon & Schuster, the publisher of such authors as Stephen King and Bob Woodward, is up for sale. ViacomCBS, fresh off a merger, is looking to sell its book publishing business as it tries to raise cash to pay down debt and please shareholders with dividends and stock buybacks. Simon...

FILE - This April 26, 2007, file photo, shows the exterior of Thermo Fisher Scientific Inc., of Waltham, Mass.  Thermo Fisher Scientific Inc., a maker of scientific instrument and laboratory supplies, is buying Qiagen in a deal valued at about $10.1 billion, reported Tuesday, March 3, 2020. Qiagen NV is a provider of molecular diagnostics and sample preparation technologies. The Netherlands-based company has approximately 5,100 workers at 35 locations in more than 25 countries.  The deal is expected to close in the first half of 2021.  (AP Photo/Stephan Savoia, File)

Thermo Fisher buying Qiagen in deal worth about $10.1B

Mar. 3, 2020 8:54 AM EST

Thermo Fisher Scientific Inc., a maker of scientific instrument and laboratory supplies, is buying Qiagen in a deal valued at about $10.1 billion. Qiagen NV is a provider of molecular diagnostics and sample preparation technologies. The Netherlands-based company has approximately 5,100 workers at 35 locations in...

FILE - This Thursday, March 12, 2009, file photo shows Gilead Sciences Inc. headquarters in Foster City, Calif. Scientists in the city at the center of China’s virus outbreak have applied to patent a drug made by U.S. company Gilead Science Inc. to treat the disease, possibly fueling more of the conflict over technology policy that helped trigger Washington’s tariff war with Beijing. (AP Photo/Paul Sakuma, File)

Gilead Sciences buying Forty Seven for $4.9 billion

Mar. 2, 2020 8:09 AM EST

Gilead Sciences is buying the cancer treatment company Forty Seven in a deal valued at approximately $4.9 billion. Gilead, based in Foster City, California, will pay $95.50 for each Forty Seven Inc. share. Gilead said Monday that the transaction will strengthen its immuno-oncology research and development...

In this Tuesday, Feb. 25, 2020 photo, Ted Simmons, left, shows the survey stakes marking the location of the proposed easement across his property during a meeting with a Tribune reporter and other affected property owners at Ken and Sue Jesse Kerchenfaut's home in unincorporated Weld County, Colo. near the Larimer county line. The city of Thornton is seeking a permanent easement across the Kerchenfaut's and Simmons's properties, among others, to build a pipeline to carry water from an irrigation ditch branching off the Cache la Poudre River to Thornton. (Alex McIntyre/The Greeley Tribune via AP)

Northern Colorado residents worried about water pipeline

Feb. 29, 2020 11:45 AM EST

GREELEY, Colo. (AP) — A one-sided battle is brewing along the county line. Ted Simmons dreams of one day turning his land in unincorporated northwest Weld County over to his kids and his grandkids. Looking across his property, marked by lightly rolling hills and sparsely tree-lined gullies and punctuated...

Regulators challenge merger of Philadelphia health networks

Feb. 27, 2020 6:42 PM EST

PHILADELPHIA (AP) — The Federal Trade Commission said Thursday it is taking action to block the planned merger of two major Philadelphia-area health systems, saying it would reduce competition and harm patients. The commission issued an administrative complaint and said it is also filing a complaint in...