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Mergers and acquisitions

FILE - In this June 15, 2009, file photo, T. Boone Pickens, president of BP Capital Group, speaks at Time Warner's headquarters in New York. Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Wednesday, Sept. 11, 2019. He was 91. (AP Photo/Mark Lennihan, File)
September 11, 2019 - 2:50 pm

Spokesman: Oil tycoon T. Boone Pickens dies at age 91

OKLAHOMA CITY (AP) — T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Wednesday. He was 91. Pickens was surrounded by friends and family when he died of natural causes under hospice care at his Dallas home, spokesman Jay Rosser said...
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FILE - In this Oct. 5, 2017 file photo, Department of Homeland Security personnel deliver supplies to Santa Ana community residents in the aftermath of Hurricane Maria in Guayama, Puerto Rico. Federal authorities said Tuesday, Sept. 10, 2019, that they have arrested two former officials of the Federal Emergency Management Authority and the former president of a major disaster relief contractor, accusing them of bribery and fraud in the efforts to restore electricity to Puerto Rico in the wake of Hurricane Maria. (AP Photo/Carlos Giusti, File)
September 10, 2019 - 5:05 pm

FEMA officials, contractor accused of hurricane relief fraud

SAN JUAN, Puerto Rico (AP) — Federal authorities said Tuesday they have arrested two former officials of the Federal Emergency Management Agency and the former president of a major disaster relief contractor, accusing them of bribery and fraud in the efforts to restore electricity to Puerto Rico in...
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FILE- This June 14, 2018, file photo shows cartons of Marlboro cigarettes on the shelves at JR outlet in Burlington, N.C. Altria confirmed Tuesday, Aug. 27, 2019, that it is in talks to merge with Philip Morris International more than a decade after splitting itself into two companies. Altria has exclusively sold Marlboro and other cigarette brands in the U.S., while Philip Morris has handled international sales. (AP Photo/Gerry Broome, File)
August 27, 2019 - 12:47 pm

A decade after a split, the Marlboro men seek a reunion

NEW YORK (AP) — The Marlboro men are discussing a reunion as the number of smokers continues to decline worldwide. Altria confirmed Tuesday that it is in talks to merge with Philip Morris International, more than a decade after splitting itself into two companies. Altria has exclusively sold...
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August 20, 2019 - 4:17 pm

Justice Department sues to block merger of airline IT firms

WASHINGTON (AP) — The Justice Department is suing to block Sabre Corp. from buying Farelogix, a rival provider of technology services to airlines. In a civil lawsuit filed Tuesday, the government says Sabre pursued the $360 million deal to eliminate a competitor that has disrupted the market with...
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August 20, 2019 - 8:18 am

Elanco becomes 2nd largest animal health co after $7.6B deal

INDIANAPOLIS (AP) — Elanco Animal Health will spend $7.6 billion to acquire Bayer AG's veterinary medicines business, which would make it the second-largest animal health company. Elanco said Tuesday that it will pay $5.3 billion, or about 70% of the total price, in cash and the rest in stock. The...
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August 01, 2019 - 4:36 pm

Texas joins states' lawsuit to block T-Mobile-Sprint deal

NEW YORK (AP) — Texas is joining more than a dozen states suing to stop T-Mobile's $26.5 billion takeover of rival Sprint, arguing that the deal is bad for consumers because it would reduce competition. It's the first Republican attorney general of the group, which now consists of 14 states and the...
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FILE - This Thursday, Sept. 22, 2011 file photo shows a sign outside the Stock Exchange in the City of London. The London Stock Exchange Group says it has agreed to acquire financial data and analytics company Refinitiv for $27 billion in stock and assumed debt in a deal that will help the exchange compete with the likes of Bloomberg as demand for real-time market information expands. (AP Photo/Matt Dunham, File)
August 01, 2019 - 7:03 am

London Stock Exchange acquires Refinitv in $27 billion deal

LONDON (AP) — The London Stock Exchange Group says it has agreed to acquire financial data and analytics company Refinitiv for $27 billion in stock and assumed debt in a deal that will help the exchange compete with the likes of Bloomberg as demand for real-time market information expands. LSE says...
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FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York U.S. regulators are approving T-Mobile's $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts. (AP Photo/Bebeto Matthews, File)
July 26, 2019 - 2:10 pm

T-Mobile's $26.5B Sprint deal OKed despite competition fears

WASHINGTON (AP) — U.S. regulators have approved T-Mobile's $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts, in a deal that would leave just three major cellphone companies in the country. Friday's approval from the Justice Department and five state attorneys...
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July 19, 2019 - 5:25 am

China calls on US to 'correct' Iran sanctions

BEIJING (AP) — China urged Washington on Friday to "correct" sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program. U.S. pressure on Iran and its "long-arm jurisdiction" against companies in third countries is the "root cause" of tension with...
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Kansas City Royals' Martin Maldonado hits a solo home run during the seventh inning of a baseball game against the Detroit Tigers at Kauffman Stadium in Kansas City, Mo., Friday, July 12, 2019. (AP Photo/Orlin Wagner)
July 16, 2019 - 1:30 am

Cubs get catcher Maldonado from Royals for LHP Montgomery

CHICAGO (AP) — With their All-Star catcher sidelined, the Chicago Cubs quickly found some experienced help behind the plate. The NL Central leaders acquired Martín Maldonado in a trade with Kansas City on Monday night that sent left-hander Mike Montgomery to the Royals. Cubs president of baseball...
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