Latest Mergers and acquisitions News

Bridgestone to buy fleet management software firm for $391M

Aug. 03, 2021 04:06 AM EDT

NASHVILLE, Tenn. (AP) — Bridgestone Americas has announced plans to buy a company that provides fleet management software for $391 million. On Monday, Bridgestone announced the agreement to buy Azuga Holdings Inc. and the company’s fleet management platform, which...

Foot Locker buying atmos, Eurostar in pair of deals

Aug. 02, 2021 10:30 AM EDT

Foot Locker is acquiring a pair of companies in deals worth over $1 billion. The New York footwear and clothing company said Monday that it's buying Text Trading Co., which owns and licenses Japanese retailer atmos, for $360 million. The transaction accelerates Foot...

Square to buy installment payment firm Afterpay in $29B deal

Aug. 01, 2021 22:35 PM EDT

Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later’’ option for merchants, in an all-stock deal valued at about $29 billion. Square allows retailers to process credit card transactions using devices that...

Brewers add relievers Norris and Curtiss in trades

Jul. 30, 2021 18:35 PM EDT

MILWAUKEE (AP) — The NL Central-leading Milwaukee Brewers made two more moves Friday to boost their roster for a playoff push, acquiring relievers John Curtiss from the Miami Marlins and Daniel Norris from the Detroit Tigers. Milwaukee sent minor league catcher Payton...

PerkinElmer to pay $5.25B for antibody maker BioLegend

Jul. 26, 2021 11:17 AM EDT

PerkinElmer will spend about $5.25 billion to acquire BioLegend, which makes antibodies used in gene therapy and reagents for drug discovery. The Waltham, Massachusetts, company said Monday that it will pay a combination of cash and stock for the privately held BioLegend...

700 workers to lose jobs in sale of People's United Bank

Jul. 24, 2021 19:23 PM EDT

BRIDGEPORT, Conn. (AP) — More than 700 employees of People's United Bank will lose their jobs when the Connecticut lender is acquired by a New York bank, according to a filing with the state. Buffalo, New York-based M&T Bank Corp. reported that 747 positions in...

Mets acquire left-hander Rich Hill from Rays

Jul. 23, 2021 20:16 PM EDT

NEW YORK (AP) — The pitching-thin New York Mets on Friday acquired left-hander Rich Hill from the Tampa Bay Rays. The Rays got right-hander Tommy Hunter and minor league catcher Matt Dyer in return. The 41-year-old Hill is 6-4 with a 3.89 ERA in 19...

Lawmaker questions New Mexico AG's handling of solar case

Jul. 23, 2021 18:33 PM EDT

ALBUQUERQUE, N.M. (AP) — New Mexico Attorney General Hector Balderas’ handling of a now-settled case involving a large solar installation company has spurred a request from a state lawmaker for an investigation. Rep. Daymon Ely is asking State Auditor Brian Colón,...

Vikings-owning Wilfs finalize MLS purchase of Orlando City

Jul. 21, 2021 18:27 PM EDT

ORLANDO, Fla. (AP) — The owners of the Minnesota Vikings have finalized the acquisition of Orlando City, giving the Wilf family control of the MLS franchise. The Lions announced Wednesday that brothers Mark Wilf and Zygi Wilf and their cousin, Lenny Wilf, will be...

SC county to combine 7 rescue squads into ambulance service

Jul. 21, 2021 11:30 AM EDT

ANDERSON, S.C. (AP) — A South Carolina county is combining its seven rescue squads into one countywide ambulance service. The Anderson County Council voted 4-3 on Tuesday to hire Medshore Ambulance Services to run ambulances and rescue services in the county, WYFF-TV...