Mergers and acquisitions

FILE - In this Wednesday, July 17, 2019 file image from video, Chinese Foreign Ministry spokesman Geng Shuang speaks during a media briefing. China is calling on Washington to “correct” sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program. The foreign ministry spokesman on Friday, July 19, said U.S. pressure on Iran and its “long-arm jurisdiction” against companies in third countries is the “root cause” of tension with Tehran.(AP Photo/File)
July 19, 2019 - 6:16 am
BEIJING (AP) — China urged Washington on Friday to "correct" sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program. U.S. pressure on Iran and its "long-arm jurisdiction" against companies in third countries is the "root cause" of tension with...
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Kansas City Royals' Martin Maldonado hits a solo home run during the seventh inning of a baseball game against the Detroit Tigers at Kauffman Stadium in Kansas City, Mo., Friday, July 12, 2019. (AP Photo/Orlin Wagner)
July 16, 2019 - 1:30 am
CHICAGO (AP) — With their All-Star catcher sidelined, the Chicago Cubs quickly found some experienced help behind the plate. The NL Central leaders acquired Martín Maldonado in a trade with Kansas City on Monday night that sent left-hander Mike Montgomery to the Royals. Cubs president of baseball...
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A man walks past the Deutsche Bank sign in London, Monday, July, 8, 2019. Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022, saying it is going “back to our roots” with a radical restructuring plan meant to focus the company on traditional strengths.(AP Photo/Natasha Livingstone)
July 08, 2019 - 2:01 pm
BERLIN (AP) — The radical and painful restructuring of Germany's Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended. The bank plan unveiled Sunday aims to go "back to our roots" by...
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June 14, 2019 - 1:20 pm
SAN ANTONIO (AP) — An investment firm has purchased a majority stake in Whataburger as the Texas-based fast-food company seeks to expand in an increasingly competitive market. Whataburger announced Friday that the purchase by Chicago-based BDT Capital Partners should be finalized by the end of the...
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June 12, 2019 - 4:33 pm
Immortals Gaming Company has acquired Infinite Esports in what is believed to be the competitive video gaming industry's first $100 million deal. IGC announced the agreement Wednesday, expanding its stable of esports teams by purchasing the parent company for OpTic Gaming. OpTic's franchises...
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June 10, 2019 - 4:19 pm
SAN FRANCISCO (AP) — Private equity firm Apollo Global Management Photo is buying online photo publishing company Shutterfly for $51 per share. Apollo will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and photobooks of their favorite shots. But...
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FILE - In this Nov. 1, 2018, file photo U.S. Air Force F-35 A-fighter jets from 31st Test Evaluation Squadron at Edwards AFB fly over Levi's Stadium before an NFL football game between the San Francisco 49ers and the Oakland Raiders in Santa Clara, Calif. Raytheon Co. and United Technologies Corp. are merging in a deal that creates one of the world's largest defense companies. The merger was announced Sunday, June 9, 2019. United Technologies makes engines for Lockheed Marti Corp.'s F-35 stealth fighter. (AP Photo/Ben Margot, File)
June 10, 2019 - 10:25 am
WALTHAM, Mass. (AP) — Raytheon and United Technologies will join to create a massive aerospace and defense company in a sector that is already rapidly consolidating. The combined company, which will count among its portfolio of weaponry the F-35 fighter jet engines, Patriot and Tomahawk missile...
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FILE - This Aug. 31, 2017 file photo, shows a Barnes and Noble Booksellers store in Pittsburgh. The beleaguered bookseller is being sold to Elliott Management Corp. in a $476 million deal. Elliott will pay $6.50 per share. That’s an approximately 9% percent premium to the company’s Thursday closing price of $5.96. The transaction is valued at about $683 million, including debt. (AP Photo/Gene J. Puskar, File)
June 07, 2019 - 1:09 pm
Barnes & Noble is being acquired by a hedge fund for $476 million and will be taken private. The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon.com and other online sellers, but remains a critical outlet for publishers. On Friday, it was...
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FILE - In this Nov. 19, 2018, file photo, Nissan Motor Co. President and Chief Executive Officer Hiroto Saikawa speaks during a press conference at Nissan Motor Co. Global Headquarter in Yokohama, near Tokyo. Nissan wasn’t consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker’s reluctance to go along may have helped bring about the surprise collapse of the talks. Saikawa told reporters late Thursday, June 6, 2019 he wanted time to learn what the Fiat Chrylser-Renault merger might mean for Nissan. (AP Photo/Shuji Kajiyama, File)
June 07, 2019 - 2:07 am
TOKYO (AP) — Nissan wasn't consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker's reluctance to go along may have helped bring about the surprise collapse of the talks. While Nissan Motor Co. had a weaker bargaining position from the...
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FILE - In this March 12, 2019, photo, Renault Chairman Jean-Dominique Senard, left, and Nissan CEO Hiroto Saikawa speak at the start of a joint press conference following a board meeting at the Nissan headquarters in Yokohama, near Tokyo. Japanese automaker Nissan wasn’t consulted about a proposed merger between its French alliance partner Renault and Fiat Chrysler and has little say over the issue. Partnering with a colossal Renault-Fiat Chrysler could help Nissan slash costs on shared components and research. (AP Photo/Eugene Hoshiko, File)
June 06, 2019 - 10:57 am
MILAN (AP) — Fiat Chrysler's surprise decision to withdraw a merger offer with French carmaker Renault stunned the industry, collapsing Thursday on fundamental differences over when Renault's long-time alliance partner, Nissan, would be brought in. The merger plan, which had sought to create the...
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