mergers

AT&T CEO Randall Stephenson (left) and Time Warner CEO Jeff Bewkes are sworn Wednesday before testifying at a Senate committee hearing on the proposed merger of their companies.

Consumer Cost Emerges As Key Issue In Grilling Of AT&T-Time Warner Merger

3:40pm December 07, 2016

by Alina Selyukh

A congressional hearing on the proposed $85.4 billion merger focused heavily on questions about the impact on consumer prices and how the companies might use their competitive advantage.

AT&T unveiled an $85.4 billion offer for Time Warner last month that would transform the telecom giant into a media-entertainment powerhouse.

Wave Of Mergers Washing Over The Economy: Sinking Or Buoying Consumers?

3:32pm November 02, 2016

by Marilyn Geewax

In recent weeks, U.S. corporations have announced multibillion-dollar deals in a huge wave of mergers. Economists say that can hurt consumers, workers and savers — but also strengthen the economy.

AT&T wants to buy Time Warner for $85.4 billion, highlighting that the two giants don't compete. But the scope of the deal is already drawing criticism from lawmakers and presidential candidates.

The AT&T-Time Warner Merger: What Are The Pros And Cons For Consumers?

1:03pm October 25, 2016

by Alina Selyukh

AT&T positions itself as the future competitor to cable, promising an era of experimentation and innovation. But consumer advocates raise a raft of concerns. Regulators will weigh both sides.

Time Warner is heading for another merger — this time with AT&T, in a deal that was announced Saturday. Here, the company's headquarters at New York City's Columbus Circle.

National

AT&T Buys Time Warner For More Than $85 Billion

10:04pm October 22, 2016

by Bill Chappell

AT&T has agreed to terms with Time Warner to buy the media giant. "This is a perfect match of two companies with complementary strengths," AT&T Chairman and CEO Randall Stephenson announced.

National

TIMELINE: AT&T's Merger With Time Warner Follows Decades Of Industry Deals

9:37pm October 22, 2016

by Alina Selyukh

The $85.4-billion merger of a telecom and a media giants is the latest in the web of consolidation, spurned offers and spin-offs that are increasingly interlinking the two industries.

The Yahoo sign at the company's headquarters in Sunnyvale, Calif.

National

Verizon Reportedly Prepares To Buy Yahoo For $4.8 Billion

12:50pm July 24, 2016

by Alina Selyukh

Verizon will announce the deal Monday, according to Bloomberg. While Yahoo will keep its most valuable assets, the move effectively disbands Yahoo as one of the longest-running Internet companies.

The Department of Justice is suing Anthem to block a proposed deal to buy rival Cigna and to block another proposed health insurance merger between Aetna and Humana.

Justice Department Moves To Block 2 Big Health Insurance Mergers

5:48pm July 21, 2016

by Rebecca Hersher

The Justice Department says proposed deals between Aetna and Humana as well as Anthem and Cigna would increase the cost of medical care for Americans. The deals are worth a combined $91 billion.

Investment Firm Buys Fresh Market Grocer For $1.36 Billion

1:15pm March 14, 2016

by Bill Chappell

Fresh Market currently has more than 13,000 employees and operates 186 stores in 27 states, particularly in the Southeast.

Terry Gou, chairman of Foxconn Technology Group, speaks to media at the Sharp Corp. headquarters in Osaka, Japan, earlier this month. The two companies are in takeover talks.

Sharp Accepts $6 Billion Bid From Foxconn, Which Then Puts Deal On Hold

3:12pm February 25, 2016

by Bill Chappell

After the deal was announced, Sharp's stock fell more than 14 percent. And Foxconn now says it will postpone finalizing the sale due to late-arriving information.

Editors and writers with The Onion work on elections copy in October 2008 during a drafts meeting at the website's offices, then in New York.

National

Area Satirical Publication The Onion Sold To Univision (Seriously)

11:39am January 19, 2016

by David Folkenflik

The Spanish-language network gets a 40 percent, controlling stake in The Onion and related sites, including The A.V. Club and Clickhole. The move comes as Univision tries to reach more millennials.

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