Mergers and acquisitions

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)
April 01, 2020 - 1:52 pm
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...
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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)
February 22, 2020 - 10:45 am
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 always...
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WWL AP Feed General
February 18, 2020 - 4:26 am
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%...
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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)
February 17, 2020 - 5:05 am
PARIS (AP) — French train maker Alstom said Monday it is in talks 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 brief statement that the...
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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)
AP News
February 11, 2020 - 10:40 am
NEW YORK (AP) — A federal judge has cleared a major path to T-Mobile's $26.5 billion takeover of Sprint, as he rejected claims by more than a dozen states that the deal would mean less competition and higher phone bills. Though the deal still needs a few more approvals, T-Mobile expects to close it...
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WWL AP Feed General
February 10, 2020 - 7:52 am
SHELTON, Conn. (AP) — Schick owner Edgewell is ending its $1.37 billion acquisition deal for upstart shaving company Harry’s shortly after the Federal Trade Commission sued to block the sale. Edgewell Personal Care Co. said Monday that Harry's Inc. has said it will pursue litigation, but Edgewell...
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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)
February 03, 2020 - 5:33 pm
NEW YORK (AP) — 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. The Federal Trade Commission on Monday sued to block Edgewell Personal Care Co.'s $1.37 billion acquisition of Harry...
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California state Sen. Scott Wiener announces he will introduce legislation to take over Pacific Gas & Electric at a rally in San Francisco Monday, Feb. 3, 2020. The legislation is aimed at transforming the nation's largest electric utility into a publicly-owned company. Wiener said the bill would involve a public takeover of Pacific Gas & Electric and its sprawling network of power lines that have been blamed for starting catastrophic wildfires that have killed dozens of people and caused billions of dollars in damage. (AP Photo/Janie Har)
February 03, 2020 - 4:21 pm
SAN FRANCISCO (AP) — Frustrated by repeated safety lapses at the nation's largest electric company, a California lawmaker on Monday introduced legislation that would force taxpayers to buy the struggling utility and turn it into a public entity with a safety-first mission ahead of shareholder...
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FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday, Dec. 18, 2019, that their boards signed a binding deal to merge the two automakers, creating the world’s fourth-largest auto company. (AP Photo/Bob Edme, File)
January 17, 2020 - 1:34 pm
MILAN (AP) — Fiat Chrysler is in talks with the Taiwanese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat Chrysler is in the process of merging with France's PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both...
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Democratic presidential candidate South Bend Mayor Pete Buttigieg speaks during a Democratic presidential primary debate Thursday, Dec. 19, 2019, in Los Angeles. (AP Photo/Chris Carlson)
December 21, 2019 - 12:01 pm
WASHINGTON (AP) — The financial sector, blamed by progressives for spawning the 2008 economic collapse, is lining up behind Pete Buttigieg’s presidential campaign. The mayor of South Bend, Indiana, has collected more campaign cash from donors and political action committees tied to the financial,...
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