Latest in Nearing Merger
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Albertsons sues Kroger after federal judge blocks merger
Grocery giant Albertsons called off its nearly $25 billion merger with Kroger after a federal judge temporarily blocked the union Tuesday in an effort to protect consumers from increasing costs. ...CBS News - 7h -
Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal
Albertsons’ lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.The Wall Street Journal - 13h -
Albertsons sues Kroger after judge rules against grocery merger
Albertsons filed a lawsuit against Kroger, saying it violated its contract and did not follow through on commitments to help get the deal approved.CNBC - 13h -
Kroger-Albertsons Merger Blocked by Court
The ruling hands a victory to Biden antitrust enforcers, who said the $20 billion supermarket merger would erode competition and raise prices for consumers.The Wall Street Journal - 1d -
Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.The New York Times - 10h -
Business leaders warn Reeves about the impact of her Budget tax rises
Banking, energy and transport executives voice concerns in meeting with UK chancellorFinancial Times - 16h -
Albertsons sues Kroger after judge rules against grocery merger
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract and didn’t follow ...NBC News - 16h -
Albertsons calls off Kroger merger, sues for breach of contract
Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.CBS News - 16h -
Albertsons abandons merger and sues Kroger
Albertsons said Wednesday that it has terminated a $25 billion merger agreement with Kroger and will sue the grocery giant, alleging the company didn’t do enough to get the deal done. Judges in ...The Hill - 16h -
Albertsons abandons merger with Kroger after a judge temporarily blocked the deal
Albertsons called off a $25 billion merger with rival Kroger after a judge temporarily halted the deal. The grocery chain is also suing Kroger for willful breach of contract and breach of the ...CBS News - 17h -
Dick Van Dyke and Cher among thousands fleeing Malibu wildfire
The Franklin wildfire has burned over 3,000 acres in the celebrity coastal enclave of Malibu.BBC News - 1d -
Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger
The ruling, citing a potential loss of competition, was a victory for the Federal Trade Commission. Later, a Washington State judge blocked the deal on similar grounds.The New York Times - 1d -
Judges block Kroger-Albertsons merger. Continuing the courtroom fight could test investors’ patience.
The supermarket chains said they were disappointed with Tuesday’s court rulings, adding that they are reviewing their options.MarketWatch - 1d -
Lawmakers race to avert government shutdown with deadline nearing
Congress only has 10 days left to figure out government funding before the shutdown deadline. CBS News congressional correspondent Nikole Killion explains why House Speaker Mike Johnson will almost ...CBS News - 1d -
Judge blocks Albertsons-Kroger $25 billion supermarket merger
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission's concerns about the merger's ...NBC News - 1d -
Federal judge temporarily blocks Kroger-Albertsons merger
A federal judge has temporarily blocked the merger of grocery giants Kroger and Albertsons after a three-week hearing. The Federal Trade Commission sued over the $25 billion deal in February, ...CBS News - 1d -
US judge blocks $25bn Kroger-Albertsons grocery merger
Deal challenged by Federal Trade Commission would consolidate two of the country’s biggest supermarket operatorsFinancial Times - 1d -
Search for missing man near ford flooded in storm
Northumbria Police says searches continue after reports of concern for welfare of a man in his 40s.BBC News - 1d -
‘Merger Monday’ spree signals revival of deals since Trump victory
US companies ink more than $35bn in transactions as election sends jolt of enthusiasm through industryFinancial Times - 2d -
Omnicom and AssuredPartners mergers highlight need for ‘scale’ as dealmakers get busy
A pair of big-money acquisitions by advertising company Omnicom and insurance broker Arthur J. Gallagher tip the scales at a combined $27 billion.MarketWatch - 2d -
Omnicom and Interpublic in merger talks to become largest advertising group
A $30bn-plus deal would come as most of the money in the industry is being siphoned off by big tech companiesFinancial Times - 3d -
Predicting Juan Soto's free agency as it nears a conclusion
Our experts weigh in on Soto's most likely landing spot and how much he'll get paid.ESPN - 3d -
Advertising Firms Omnicom and Interpublic Nearing Merger That Would Reshape Industry
A deal would create the world’s largest advertising company, with net revenue of more than $20 billion, topping WPP’s $15.1 billion.The Wall Street Journal - 3d -
Hamilton to start near back in Mercedes farewell
Lewis Hamilton will start his final race for Mercedes at the back end of the grid after being eliminated from Q1 in Abu Dhabi.ESPN - 4d -
The A’s Near Agreement for $1.75 Billion Las Vegas Stadium
A groundbreaking on the new A’s stadium is likely by the 2028 season.Inc. - 6d -
Vodafone-Three UK merger set to ring changes on Britain’s mobile landscape
Deal will reduce number of operators in the country from four to threeFinancial Times - 6d -
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Vodafone-Three Merger Gets Conditional U.K. Clearance
The Competition and Markets Authority said the deal will likely boost competition in the U.K. mobile sector, but would only proceed if both companies implement certain conditions.The Wall Street Journal - 6d -
British regulators approve $19 billion Vodafone-Three mobile merger
British regulators said the tie-up can proceed if both companies sign "binding commitments to invest billions" to roll out a 5G network across the U.K.CNBC - 6d -
Vodafone boss says prices won't rise after Three 'mega-merger'
The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.BBC News - 6d -
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Source: Soto nearing decision on free agency
Juan Soto's free agency is nearing its final stages, with a source saying the star could pick his destination by the end of this week.ESPN - Dec. 4 -
Why gold will likely beat stocks over the near term
Stocks and gold have produced nearly identical returns so far this year.MarketWatch - Dec. 4 -
Secret Service fired at suspects near Yellen’s home
A Secret Service agent fired at suspects who were attempting to open car doors near Treasury Secretary Janet Yellen’s home in Washington, D.C., early Tuesday morning, a spokesman said in a ...The Hill - Dec. 3 -
Secret Service fires shots near Janet Yellen's home, no one hurt
A U.S. Secret Service agent fired shots near the home of Treasury Secretary Janet Yellen early Tuesday morning.ABC News - Dec. 3 -
Hamas and Fatah are near an agreement on who will oversee postwar Gaza
Palestinian officials say Fatah and Hamas are closing in on an agreement to appoint a committee of politically independent technocrats to administer the Gaza Strip after the warABC News - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
Months of political instability loom as French government nears collapse
Prime Minister Michel Barnier's minority government's survival has always depended on the indulgence of its enemies.BBC News - Dec. 2