‘America To Continue To Benefit From Competition Between Post And TreeHouse’

Consumer packaged goods holding company Post Holdings said it terminated the agreement to acquire TreeHouse Foods, Inc.’s ready-to-eat or RTE cereal business. The company’s decision comes after the Federal Trade Commission or FTC filed a complaint against the proposed deal in December 2019, alleging that the deal will harm competition. According to the FTC, the acquisition would give Post more […]

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Nexstar-Tribune merger receives FCC approval

FCC fines Florida man $120M for making 100 million robocalls FBN’s Tracee Carrasco on the FCC fining a Florida man for allegedly making 100 million robocalls over three months. Nexstar is on track to become the U.S.’s largest local television station company after the Federal Communication Commission approved its $4.1 billion all-cash bid to acquire Tribune Media. Continue Reading Below […]

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Bradley Blakeman: Merger of T-Mobile and Sprint won’t help US win race to develop 5G technology

FCC chief unveils new push for American leadership in 5G availability FCC chairman Ajit Pai talks ensuring America’s leadership in the race for the next generation of wireless network. America must win the race to develop 5G, the 5th Generation of wireless communications technology that will allow many more communications devices to transmit data at far higher speeds. Both our […]

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UK regulator blocks Sainsbury's $9.4 billion takeover of Walmart's ASDA

By James Davey, Paul Sandle and Nandita Bose LONDON/BENTONVILLE, Ark. (Reuters) – Britain’s competition regulator on Thursday blocked Sainsbury’s proposed 7.3 billion pound ($9.4 billion) takeover of Walmart-owned Asda – a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury’s […]

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CBS-Viacom merger talks back on delaying Moonves replacement

Talks heating up on a possible CBS-Viacom merger: Charlie Gasparino FBN’s Charlie Gasparino says talks are heating up on a possible CBS-Viacom merger amid CBS’s search for a new CEO. The on-again off-again merger talks between CBS Corporation and Viacom are now on-again, and have delayed CBS's naming of a new permanent CEO to succeed Les Moonves, FOX Business has […]

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Newmont shareholders OK $10 billion Goldcorp takeover, creating biggest gold producer

TORONTO (Reuters) – Newmont Mining shareholders on Thursday approved the company’s $10 billion takeover of Goldcorp Inc which is set to create the world’s biggest gold producer with assets across the Americas, Africa and Australia. About 98 percent of votes at a special meeting were in support of Newmont’s proposal to issue new stock to fund its takeover of Goldcorp, […]

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XFL rejected AAF merger offer as money ran low: Report

Preparing NFL players for life after football Former NFL running back Marcus Lattimore on going through the NFL Draft process after an injury and helping players plan for life after football. The Alliance of American Football unsuccessfully pursued a merger with another startup football league when early financial problems threatened to end its doomed inaugural season before it began, according […]

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Dialog To Buy Silicon Motion’s Mobile Communications Business – Quick Facts

Dialog Semiconductor plc (DLGS,DLGNF.PK) said Thursday that it has agreed to acquire Silicon Motion Technology Corp.’s (SIMO) Mobile Communications product line, branded as FCI, for $45 million. FCI is the global leader in Mobile TV SoCs in T-DMB and ISDB-T, with RF tuner-demodulator SoC solutions for smartphones, tablets and automotive Portable Navigation Devices or PNDs. The acquired group is primarily […]

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Amazon's Chinese unit in merger talks with NetEase's Kaola: report

(Reuters) – Amazon.com Inc’s Chinese joint venture is in talks for a merger with local e-commerce firm Kaola, which sells imported products in the Asian country, business magazine Caijing reported on Tuesday. Kaola, owned by NetEase Inc, sells apparel, household appliances and other products, and is the biggest among Chinese shopping sites that focus on imported goods, followed by Tmall […]

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