Broadcom purchases CA Technologies

Broadcom not blowing away investors Semiconductor manufacturer Broadcom announced its acquisition of software firm CA Technologies for $19 billion. The deal will expand the horizons of a company that focuses solely on semiconductors – now, Broadcom will have access to software for computers. Broadcom plans on financing the hefty deal through cash and refinanced debt. […]
  • 7 Days ago

Lyft acquires Motivate

Lyft expands portfolio with bikes Lyft announced on Monday that it will acquire bike-sharing giant Motivate for an undisclosed amount. Motivate is the parent company of popular bike-sharing networks like Citi Bike in New York and the Bay Area, and Capital Bikeshare in Washington, D.C. The acquisition comes at a time when Lyft it trying […]
  • 9 Days ago

Food manufacturers ConAgra and Pinnacle Foods merge

More food manufacturers merge Two frozen food companies, ConAgra and Pinnacle Foods, merged on Wednesday, creating a massive frozen food giant. ConAgra purchased PF for $10.9 billion. ConAgra owns popular food brands like Orville Redenbacher’s and Chef Boyardee, and Pinnacle Foods owns Hungry-Man and Birds Eye, among others. The companies are the two major leaders […]
  • 21 Days ago

Fujifilm seeking lawsuit against Xerox

Fuji Xerox breakup could get messy Fujifilm will sue Xerox for $1 billion after the company pulled out of the agreed upon Fuji Xerox merger. The Japanese company’s lawsuit is based around the “punitive damages for Xerox’s intentional and egregious conduct” after canceling the deal, according to their district court’s filing. The deal would have […]
  • 28 Days ago

AT&T-Warner acquisition approved

AT&T-Warner trumps lawsuit On Tuesday, Judge Richard Leon approved AT&T’s acquisition of Time Warner Cable – a deal worth $85 billion, one of the biggest acquisitions in the 2000s. The acquisition created a massive six-week antitrust trial, as AT&T’s massive satellite and phone networks will now have access to brands like Warner Bros., CNN, and […]
  • 1 month ago

Italy’s UniCredit hopes to merge with France’s Societe Generale

Will there be a new super-bank in town? The Financial Times reported on Tuesday that two of Europe’s largest commercial banks could potentially merge soon. Italy’s UniCredit hopes to acquire Societe Generale in one of the biggest bank acquisitions of all time. However, a deal is far from definitive. UniCredit did not comment on the […]
  • 1 month ago

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

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 […]
  • 4 Months ago

Sprint and T-Mobile nearing merger agreement

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 […]
  • 10 Months ago

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

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 […]
  • 10 Months ago
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