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Youtube Red & Google Play Music combined, is it Destined for Success?

  • Crystal Ng
  • 1 month ago
  • 0
While there is already a significant amount of advertisement on Youtube that frustrates users, it seems like the situation will be worsening. Gradually, the commercials that interrupt music videos will be boosted. Rumor has it that Youtube has come up with a single new invention that encompasses the Google Play Music as well as Youtube […]

Sprint and T-Mobile nearing merger agreement

  • William Van-Lear Black
  • 7 Months ago
  • 0
T-Mobile and Sprint, respectively the third and fourth largest wireless carriers in the U.S., are nearing a merger agreement, undisclosed sources told Reuters Friday. A due diligence period would follow the finalization of the agreement’s terms, but the companies expect a deal by October, according to Reuters’ source. In August, Reuters says, Sprint CEO Marcelo Claure […]

Walgreens to revise proposal to buy over 2,000 Rite Aid stores

  • William Van-Lear Black
  • 7 Months ago
  • 0
In yet another effort to appease the Federal Trade Commission (FTC), U.S. pharmacy chain Walgreens will likely revise its June proposal to acquire 2,186 individual Rite Aid stores for $5.18 billion, sources told Bloomberg Monday. Walgreens’ announcement could come early this week, the sources said. The two chains have been pursuing a deal for almost […]

Amazon will take control of Whole Foods Monday, slash prices

  • William Van-Lear Black
  • 8 Months ago
  • 0
Amazon announced in a press release Thursday that it will take control of Whole Foods beginning Monday, The New York Times reports. When Whole Foods stores open Monday, shoppers will see lower prices on a number of products, including bananas, eggs, salmon, tilapia, Fuji and Gala apples, and almond butter. “We’re determined to make healthy […]

Discovery to Acquire Scripps Networks in $14.6 Billion Deal

  • William Van-Lear Black
  • 9 Months ago
  • 0
Scripps Networks, the media conglomerate that operates HGTV, the Travel Channel, Food Network, and other channels; and Discovery, which runs The Discovery Channel, Animal Planet, TLC, etc., have arrived at a $14.6 billion merger deal, Georg Szalai of The Hollywood Reporter reports. The companies believe the merger, which is expected to solidify in early 2018, […]

Sears to Sell Kenmore Appliances On Amazon

  • William Van-Lear Black
  • 9 Months ago
  • 0
Sears announced Thursday that it would begin selling Kenmore appliances on Amazon, Phil Wahba of Fortune reports. By partnering with Amazon, Sears will bring its Kenmore products to a wider market than ever before. “The launch of Kenmore products on Amazon.com will significantly expand the distribution and availability of the Kenmore brand in the U.S.,” […]

Uber-Yandex Ride-Sharing Merger in Russia

  • Cedric Brenninkmeijer
  • 10 Months ago
  • 0
Uber and Yandex have agreed to a merger of their ride-sharing businesses in Russia and five eastern European markets with Yandex. This is the second withdrawal on Uber’s global presence since their exit from China a year ago. Yandex, which is essentially the “Google of Russia,” will be the leading partner in this newly established […]

Westar-Great Plains Energy Merger Awaits Approval by Shareholders, KCC

  • William Van-Lear Black
  • 10 Months ago
  • 0
Monday, Midwest electric companies Westar Energy and Great Plains Energy announced plans for a merger. According to Morgan Chilson of The Topeka Capital-Journal, no cash would be exchanged, and neither company would take on any debt as a result of the agreement, which has a “combined equity value” of $14 billion. Westar CEO Mark Ruelle […]

Dow-DuPont Merger Delayed Due to FMC Deal

  • Sharnita Sanders
  • 1 year ago
  • 0
Dow Chemical and DuPont have delayed their merger. The cause would be due to the fact that both are making at attempt at an asset swap, totaling $1.6 billion, with FMC Corp. a known pesticide maker. The merger between Dow Chemical and DuPont runs at an estimated $78.7 billion and is expected to be finalized […]

Walgreens Hits Wall With Rite Aid Merger

  • Sharnita Sanders
  • 1 year ago
  • 0
Walgreens’ acquisition of Rite Aid doesn’t seem to be going according to plan. Walgreens has yet to gain U.S. antitrust clearance from Federal Trade Commission (FTC) officials. The FTC’s lawyers don’t seem too convinced of the Walgreens’ idea to sell 865 of its stores to Fred’s then take over Rite Aid. The hesitation on the […]

AT&T to Continue with Time Warner Merger Despite Opposition

  • Anahit Moumjian
  • 1 year ago
  • 0
AT&T faces opposition to its merger with Time Warner from multiple sides—including the executive branch of government. The telecommunications company has also encountered suspicions concerning licenses granted by the Federal Communications Commission. In regulatory filings dated January 6, AT&T asserts that its $85 billion merger will go on according to plan. AT&T adds that it […]

Groupon Acquires OrderUp

  • Taylor Brown
  • 3 Years ago
  • 1
Groupon has acquired OrderUp, a food delivery service that caters to over 40 cities and 25 states in the United States. The price of the deal was disclosed, but the six-year-old food service company, which claims to have served over 10 million people, couldn’t have come with a cheap price tag. Groupon saw a slow […]

Sysco Drops Plans to Purchase US Foods After FTC Ruling

  • Taylor Brown
  • 3 Years ago
  • 0
After two years of negotiation, Sysco has removed their proposal for the purchasing of US Foods. US Foods is a national food distributor, who works for brands like Cattleman’s Selection, Glenview Farms, Hilltop Hearth and many more. Sysco helps foodservice operators that works with 425,000 customers who sells, markets and distributes food to places like […]

Hot Topic in Bidding War for ThinkGeek

  • Taylor Brown
  • 3 Years ago
  • 0
Hot Topic is in talks with purchasing Geeknet, as long as the company doesn’t take the higher bid. Hot Topic, which was bought by Sycamore Partners in 2013 for $600 million, is in talks of acquiring Geeknet. As of May 26, Hot Topic was in talks of buying Geeknet, one of ThinkGeek’s companies, for $122 […]

Dollar Tree Buys Family Dollar for $8.5B

  • Megan Harrison
  • 4 Years ago
  • 0
Dollar Tree has bought out Family Dollar for $8.5 billion, according to an announcement Monday, July 28.  This cash-and-stock deal is valued at $74.50 a share, and Family Dollar stockholders will obtain $59.60 in cash and $14.90 equivalent in Dollar Tree shares, according to USA Today. “This acquisition will extend our reach to lower-income customers and […]

Did Priceline Offer Too Much for OpenTable?

  • Ben Feinstein
  • 4 Years ago
  • 0
Recently the travel discount provider Priceline agreed to purchase OpenTable for $2.6 billion. OpenTable, for those who are unaware, is a service that allows users to make reservations conveniently on their smart phone. And while the company is unarguably a success, Forbes has recently called into question the multi-billion cash offer that Priceline made. Priceline […]

Pfizer offer of $117 Billion Rejected By AstraZeneca Again!

  • Nat Alia
  • 4 Years ago
  • 0
Pfizer who is currently trying to buy AstraZeneca got rejected again. Sort of like a teenage boy asking a girl out type of rejection. Pfizer who has been trying for some time now to buy the British pharmaceutical brand in an effort to better itself by having their headquarters in New York, and a tax […]

Volkswagen to Buy Out Scania for an Estimated $9.2 Billion

  • Ben Feinstein
  • 4 Years ago
  • 0
Volkswagen, one of Germany’s largest automobile manufacturers, looks to be set to acquire yet another auto company. They already own Audi, Bentley, Bugatti, Lamborghini, and Porsche, but it seems that the five companies are not enough. VW posses two-thirds of Scania stock and have just recently received the support of shareholders, equating to an estimated […]

AT&T MAY BUY DIRECTV FOR $50 BILLION?

  • Ben Feinstein
  • 4 Years ago
  • 0
Earlier this year Comcast acquired Time warner cable, now it looks like AT&T is looking to get in on the action. It is rumored that the company is interested in offering DirecTV $50 billion for the acquisition. Nothing has been made public yet and so nothing can be confirmed as the selling price may be […]