Ownership changes

May 10, 2019 - 7:55 am
MILTON, Del. (AP) — Delaware-based craft beer company Dogfish Head Brewery is being acquired by the Boston-based brewer of Sam Adams beer in a $300 million cash and stock deal. The Boston Beer Company announced Thursday that it had entered into definitive agreements to acquire all of the equity...
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FILE - In this June 15, 2018, file photo, the Winston razor and Harry's face lotion are on display at the headquarters of Harry's Inc., in New York. Harry's, the upstart shaving company, is being acquired by the owner of Schick razors for $1.37 billion, which was announced Thursday, May 9, 2019. (AP Photo/Mary Altaffer, File)
May 09, 2019 - 1:27 pm
NEW YORK (AP) — If you can't beat them, join them. The owner of Schick razors is acquiring upstart shaving company Harry's for $1.37 billion, continuing a trend of consolidation in the shaving industry, where established brands have struggled with the rise of digital-savvy newcomers. About 79% of...
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Ohio Gov. Mike DeWine speaks on the cellphone with GM CEO Mary Barra, Wednesday, May 8, 2019, at the Ohio Statehouse in Columbus, about the company's plans to sell its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. DeWine, a Republican, said he wanted to hear more details about the plan, including the reaction of the UAW, but said the potential project was better than the plant sitting idle. (AP Photo/Andrew Welsh-Huggins)
May 08, 2019 - 12:36 pm
DETROIT (AP) — General Motors is negotiating the sale of its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. The company confirmed Wednesday that it's in talks with Cincinnati-based Workhorse Group to sell the huge facility, and also announced plans to invest $700...
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FILE - This Feb. 1, 2010, file photo shows a Marathon gas station pump in Indianapolis. Oil refiner Marathon Petroleum Corp. is buying Andeavor Logistics in a deal worth about $9 billion that’ll grow its pipeline and storage business and expand its geographic reach. Marathon will combine its midstream subsidiary MPLX with Andeavor, both master limited partnerships. Andeavor unitholders will receive 1.135 MPLX common units for each Andeavor common unit held. Marathon said Wednesday, May 8, 2019, that it will receive 1.0328 MPLX common units for each Andeavor common unit held. (AP Photo/Michael Conroy, File)
May 08, 2019 - 7:03 am
FINDLAY, Ohio (AP) — Marathon Petroleum Corp. is merging two of its oil and gas pipeline, transportation and storage operations for $9 billion. MPLX and Andeavor Logistics are both master limited partnerships majority owned by Marathon, which raised the possibility that it might combine the two...
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May 07, 2019 - 7:10 am
BRUSSELS (AP) — AB Inbev, the world's biggest brewer and the owner of brands like Bud and Stella Artois, is considering listing some of the shares of its Asian business on the Hong Kong stock exchange. The company, which is based in the Belgian town of Leuven, said Tuesday that the move would lower...
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FILE - In this June 6, 2018, file photo the Lord & Taylor logo is seen next to a mannequin in a window display at their flagship store on Fifth Avenue in New York. Lord & Taylor, one of the country’s oldest department stores, may be sold as its owner considers its options. Hudson's Bay Co., which also owns Saks Fifth Avenue, says it hired a financial adviser to review Lord & Taylor’s business and that the process may lead to a sale or merger. (AP Photo/Mary Altaffer, File)
May 06, 2019 - 10:58 am
NEW YORK (AP) — Lord & Taylor, one of the country's oldest department stores, may be put up for sale. Hudson's Bay, which owns Lord & Taylor and Saks Fifth Avenue, said Monday that it hired a financial adviser to review Lord & Taylor's business and that the process may lead to a sale or...
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Shareholders in overflow rooms watch on a big screen as Berkshire Hathaway Chairman and CEO Warren Buffett, left, and Vice Chairman Charlie Munger preside over the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Saturday, May 4, 2019. An estimated 40,000 people are thought to be in town for the event, where Buffett and Munger spend hours answering questions. (AP Photo/Nati Harnik)
May 04, 2019 - 1:45 pm
OMAHA, Neb. (AP) — Tens of thousands of Berkshire Hathaway shareholders return to Omaha every year to learn from Warren Buffett and celebrate the company he built through acquisitions and investments. But with the 88-year-old Buffett and 95-year-old Charlie Munger leading the company, it's hard for...
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May 03, 2019 - 4:39 pm
NEW YORK (AP) — Media company Sinclair Broadcasting Group is buying Fox's regional sports networks for $9.6 billion. The Walt Disney Co. agreed to sell the networks to get regulatory approval for its $71 billion acquisition of Fox's entertainment assets, which was completed in March. The 21...
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May 02, 2019 - 8:09 am
LONDON (AP) — Canadian aerospace company Bombardier says it will sell businesses in Northern Ireland and Morocco as part of a broad restructuring. The company said Thursday it will consolidate its aerospace operations into one unit. As a result, it will focus its business on manufacturing plane...
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FILE - In this undated, file photo provided by Occidental Petroleum Corp., Occidental President and CEO Vicki Hollub poses for a photo. Warren Buffett's Berkshire Hathaway will finance a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company. At stake are choice oil and gas fields spread across Texas and New Mexico, including a 75-mile-wide corridor across the Delaware Basin, a region bountiful with natural gas. (Occidental Petroleum Corp. via AP, File)
April 30, 2019 - 12:31 pm
OMAHA, Nebraska (AP) — Warren Buffett's Berkshire Hathaway will finance a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company. At stake are choice oil and gas fields spread across Texas and New Mexico, including a 75-mile-wide corridor...
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