Economy Jul 24 FCC approves Paramount’s $8 billion deal with Skydance, capping months of turmoil By Wyatte Grantham-Philips, Associated Press
Economy Mar 06 Walgreens agrees to acquisition by private equity firm for almost $10 billion Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money. By Associated Press
Economy Sep 25 Steelworkers union loses its arbitration case attempting to stop U.S. Steel’s sale to Nippon An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce. By Michelle Chapman, Associated Press
Economy Dec 03 Alaska Airlines announces plan to acquire Hawaiian Airlines for $1.9 billion Alaska Airlines said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal, including debt, putting it on track for a potential clash with a Biden administration that has shown wariness about higher fares in the industry. By Associated Press
Economy Mar 19 Banking giant UBS announces acquisition of Credit Suisse amid financial turmoil Banking giant UBS is buying its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday night. By Jamey Keaten, Ken Sweet, Associated Press
Jul 31 Watch 5:18 Amazon’s acquisition deal with One Medical raises patient privacy concerns By Geoff Bennett, Andrew Corkery, Harry Zahn, Juliet Fuisz In a nearly $4 billion deal, Amazon plans to buy One Medical, a primary care group with nearly 200 locations across the country. Privacy advocates are voicing concerns about Amazon controlling people's online purchase data as well as their health… Continue watching
Dec 01 Salesforce to buy work chat service Slack for $27.7 billion By Michael Liedtke, Matt O'Brien, Associated Press Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. Continue reading
Jul 06 Uber buys Postmates in $2.65 billion deal By Matt Ott, Cathy Bussewitz, Associated Press The acquisition enables the ride-hailing giant to increase its delivery offerings at a time when the global pandemic has suppressed customers' desire for rides while boosting home delivery needs. Continue reading
Feb 20 Morgan Stanley to buy E-Trade for $13 billion By Ken Sweet, Michelle Chapman, Associated Press The deal is the latest chapter in Morgan Stanley's transformation from the scrappy, deal-doing, stock-trading investment bank to a more well-rounded financial firm. Continue reading
Feb 12 How the T-Mobile-Sprint merger could increase inequality By Amitrajeet A. Batabyal, The Conversation Research suggests the U.S. could begin to rein in its yawning wealth gap by vigorously cracking down on anti-competitive behavior in the marketplace. Continue reading