Mergers and acquisitions

FILE - In this Jan. 7, 2014 file photo, show attendees play a video game wearing  Oculus Rift virtual reality headsets at the Intel booth at the International Consumer Electronics Show(CES), in Las Vegas. (AP Photo/Jae C. Hong, File)

Visionary or looney? Zuckerberg on spending spree

NEW YORK (AP) — Facebook’s latest multibillion dollar acquisition of virtual reality headset maker Oculus is prompting some people to wonder if CEO Mark Zuckerberg is already living in an alternate reality. Longtime technology analyst […]

03/26/2014

FILE - In this photo made, June 21, 2010 file photo, Red Bull and other drinks are on display at a Safeway in San Ramon, Calif. (AP Photo/Paul Sakuma, File)

Albertsons parent Cerberus to buy Safeway

Safeway has agreed to be acquired by an investment group led by Cerberus Capital Management, the owner several supermarket chains. The acquisition is worth about $7.64 billion in cash, and pending other transactions could top […]

03/06/2014

A silhouetted coaxial cable with the Comcast Corp. logo in the background. (AP Photo/Matt Rourke, file)

US companies spend heavily on big mergers in 2014

NEW YORK (AP) — So far, 2014 is looking like the year of the big deal. Flush with cash and high stock prices, companies are buying up the competition at levels not seen since the […]

03/05/2014

A silhouetted coaxial cable with the Comcast Corp. logo in the background. (AP Photo/Matt Rourke, file)

Comcast-TWC merger worries consumers

LOS ANGELES (AP) — Cable subscribers don’t give Comcast and Time Warner Cable good grades when it comes to customer satisfaction. So after Comcast announced its $45 billion purchase of Time Warner Cable Thursday, it […]

02/14/2014

An Eddie Bauer store, in Seattle. (AP Photo/Elaine Thompson, File)

Jos. A. Bank buying Eddie Bauer in $825M deal

Jos. A. Bank Clothiers Inc. is buying the parent company of Eddie Bauer in a cash-and-stock deal valued at $825 million that will help strengthen its men’s wear business and diversify its offerings. The deal […]

02/14/2014

A silhouetted coaxial cable with the Comcast Corp. logo in the background. (AP Photo/Matt Rourke, file)

Comcast strikes deal to buy Time Warner Cable

LOS ANGELES (AP) — With a single behemoth purchase, Comcast is creating a dominant force in American entertainment and presenting federal regulators with an equally outsized quandary: How should they handle a conglomerate that promises […]

02/13/2014

An American Airlines plane and a US Airways plane at parked at Washington's Ronald Reagan National Airport. (AP Photo/Susan Walsh)

Judge moves airline merger step closer to takeoff

A federal bankruptcy judge is approving the settlement in the U.S. government’s antitrust lawsuit against American Airlines and US Airways, clearing the airlines to complete their merger early next month. Judge Sean Lane ruled Wednesday […]

11/27/2013

TV personality Katie Couric and John Molner attend The Metropolitan Museum of Art's Costume Institute benefit celebrating "PUNK: Chaos to Couture" in New York, May 6, 2013. (Photo by Charles Sykes/Invision/AP, File)

Katie Couric engaged to boyfriend Molner

NEW YORK (AP) — Katie Couric is getting married to her financier boyfriend John Molner. Couric’s spokesman Matthew Hiltzik confirmed the engagement Tuesday morning following a report by People magazine. Molner gave 56-year-old Couric, the […]

09/03/2013

US Airways and American Airlines planes at DFW International Airport. (AP Photo)

Judge approves American-US Airways merger

NEW YORK (AP) — The $11 billion merger of American Airlines and US Airways won bankruptcy court approval Wednesday.

03/27/2013