A unit of Walgreens Boots Alliance Inc. WBA, +3.72% is nearing a deal to combine with a big owner of medical practices and urgent-care centers in a transaction worth roughly $9 billion Read more
Tag: Acquisitions/Mergers
Peabody, Australia’s Coronado end talks over potential merger
SYDNEY — Coronado Global Resources Inc. and Peabody Energy Corp. mutually agreed to end talks over combining to create a new global coal giant. Australia-listed Coronado CRN, -6.17%, which also Read more
Twitter plans mass layoffs Friday morning
Twitter Inc. will begin mass layoffs Friday morning, as Elon Musk looks to slash costs at the social-media company that he acquired last week for $44 billion. In an unsigned Read more
Warner Bros. Discovery to speed up merger of HBO Max, Discovery+
Warner Bros. Discovery Inc. is speeding up the launch of a combined HBO Max/Discovery+ streaming service, a decision that comes as the company is facing growing pressure on its traditional media Read more
Kroger and Albertsons say their merger will help lower prices for struggling consumers. Not everyone is convinced.
The roughly $25 billion planned merger of Kroger and Albertsons, unveiled in October with much fanfare, promised a new entity that would “serve America with fresh, affordable food.” The deal Read more
Dogecoin builds on gains after more than doubling in October
The price of popular meme coin Dogecoin rose sharply Tuesday, building on a gain that saw it more than double in value in October, following Elon Musk’s acquisition of Twitter Read more
Poseidon’s $10.9 billion take-private deal for Atlas Corp. sets sail at sweetened price
Atlas Corp. said Tuesday it has agreed to be acquired by Poseidon Acquisition Corp. in a $10.9 billion take-private deal about three months after the energy-generation- and container-ship-asset owner was Read more
Judge blocks Penguin Random House from buying Simon & Schuster over antitrust concerns
A federal judge on Monday blocked Penguin Random House from acquiring rival book publisher Simon & Schuster for about $2.18 billion, agreeing with the Justice Department that the planned merger Read more
Blackstone buying Emerson unit in biggest LBO deal in months
Emerson Electric Co. is selling a majority stake in its climate-technologies business to Blackstone Inc. in a transformational deal for the industrial company that would value the unit at $14 Read more
GM temporarily pauses paid advertising on Twitter following Elon Musk takeover
General Motors Co. GM, +1.81% is pausing its paid advertising on Twitter in the wake of Elon Musk’s acquisition of the social-media site, saying it wants more information about the site’s direction under its Read more