Latest Mergers and acquisitions News

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Berkshire Hathaway Inc. reports earnings on Saturday, Feb. 22, 2020. (AP Photo/Nati Harnik, File)

Buffett says Wall Street advice usually favors more deals

Feb. 22, 2020 1:35 PM EST

OMAHA, Neb. (AP) — Taking advice from Wall Street on deals is a bit like asking “the barber whether you need a haircut,” according to billionaire Warren Buffett. Buffett said in his annual letter to Berkshire Hathaway shareholders Saturday that the current system of reviewing deals doesn't...

FILE - In this Jan. 24, 2020 file photo, Cory Doctorow, right, walks in front of other protestors in Los Angeles outside the headquarters of the regulatory body for domain names, the Internet Corporation for Assigned Names and Numbers. A private equity firm announced Friday, Feb. 21,  what it calls legally binding commitments designed to ease concerns that its proposed $1.1 billion private takeover of the dot-org domain-setting registry would lead to price gouging and censorship.  (AP Photo/Mark J. Terrill)

For-profit firm seeking to run .org names makes concessions

Feb. 21, 2020 8:06 PM EST

LOS ANGELES (AP) — A private equity firm seeking to buy rights to operate the internet's .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community. Ethos Capital has offered $1.1 billion to buy the Public Interest Registry,...

Italian bank Intesa SanPaolo offers to buy smaller rival

Feb. 18, 2020 5:27 AM EST

MILAN (AP) — Italian bank Intesa SanPaolo announced Tuesday a 4.9 billion-euro ($5.3 billion) takeover offer for smaller rival UBI Banca - an unexpected move, even if experts have long called for consolidation in the sector. The Intesa SanPaolo share-swap offer values UBI Banca shares at a 28% premium....

FILE - In this Monday, May 14, 2018 file photo, a TGV high-speed train at the Saint-Charles train station, in Marseille, southern France. French train maker Alstom said Monday Feb. 17, 2020, that it is in talks to possibly take over the train business of Bombardier, the Canadian aerospace and engineering company. (AP Photo/Claude Paris, file)

French TGV maker Alstom in talks to buy Bombardier rail unit

Feb. 17, 2020 1:33 PM EST

PARIS (AP) — French train maker Alstom has announced an multibillion-euro offer to buy the rail business of Canadian engineering firm Bombardier, as it tries to bulk up to compete with big rivals, particularly from China. Alstom, which makes the French TGV high-speed trains, said in a statement Monday it...

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...