merger

The deal with Risant is subject to regulatory approval. Neither party disclosed the financial terms of the agreement. 

The Federal Trade Commission and 9 states want to stop the deal that would combine the country's two largest grocery store chains. The companies say they have to merge to compete with Walmart.

"Shoppers will have fewer choices and less competition, and, without a competitive marketplace, they will pay higher prices at the grocery store," Washington state attorney general Bob Ferguson said.

America's two largest supermarket chains have struck a $25 billion deal to combine. Now the FTC is about to decide whether it will block or allow it, and under what conditions.

The new business will focus on growing media rights and sponsorship revenue, and will be lead by Endeavor CEO Ari Emanuel. Vince McMahon, executive chairman at WWE, will serve in the same role.

Cone Health is planning to merge with Sentara, a larger health care system based in Norfolk, Virginia.

As hospital chains and insurers across the U.S squeeze one another, hoping to increase their market share, many patients are suddenly finding their preferred doctors and hospitals are out of network.

After 130 years as a nonprofit hospital with deep roots in North Carolina, Mission Health is seeking to be bought by HCA Healthcare, the nation's largest for-profit hospital chain.

The two healthcare giants said they were no longer pursuing the deal. A federal judge blocked the merger in January, citing its likely adverse effect on competition in the health insurance market.