WASHINGTON, April 24- Comcast Corp's failed bid to buy Time Warner Cable Inc is the latest muscle flex by U.S. antitrust enforcers and will likely deter chief executives from pursuing aggressive transactions as a way to spend excess cash. Comcast, which had barely convinced regulators to allow it to buy NBC Universal four years ago, folded under pressure from the...» Read More
Nov 3- Food distributor Sysco Corp said it did not expect to complete its acquisition of US Foods Inc this year and it was still in talks with U.S. antitrust regulators to secure an approval for the deal. Shares of Sysco, which also reported better-than-expected quarterly sales and profit, fell 3 percent in early trading. Sysco said in December 2013 that it would buy...
Nov 3- Food distributor Sysco Corp said it did not expect to complete its acquisition of US Foods Inc this year and it was still in talks with U.S. antitrust regulators to secure an approval for the deal. Sysco said in December 2013 that it would buy US Foods for about $3.5 billion from its private equity owners, including KKR& Co.. Sysco also reported on Monday...
Oct 31- Dollar General Corp extended for the second time its tender offer to acquire shares of Family Dollar Stores Inc, as less than 4 percent of Family Dollar's shares had been tendered so far. Family Dollar, which has spurned Dollar General's takeover approaches twice, citing anti-trust concerns, has been pushing for a lower cash-and-stock deal from Dollar...
WASHINGTON, Oct 30- Media General Inc has won U.S. antitrust approval to buy LIN Media LLC after agreeing to divest television stations in five markets, the Justice Department said on Thursday. To win government approval for the deal, the companies agreed to sell one station in Birmingham, Alabama, two in Savannah, Georgia, one near Alabama's border with Florida, one...
WASHINGTON, Oct 29- Cigarette maker Reynolds American's proposal to buy smaller rival Lorillard Inc presents antitrust regulators with a conundrum: Their mandate is to prevent higher prices because of mergers, but U.S. public policy aims to make cigarettes more expensive to discourage smoking. Reynolds, the No. 2 U.S. cigarette maker, said in July it would buy No. 3...
The latest in Google's 4-year battle to defend itself in an EU antitrust case.
The anti-corruption campaign which has swept across China in the last two years has gone global. The Financial Times reports.
China's clampdown on corruption and extravagance has benefited the world's largest advertising agency, WPP's CEO told CNBC.
NDRC's direction of investigations has drawn heavy criticism from foreign officials and the overseas business community.
Workers in a southern Chinese plant downed tools after Beijing's anti-graft campaign deprived them of free mooncakes. The Financial Times reports.
Foreign companies in China appear to be pushing back against increased scrutiny from Chinese government anti-trust enforcers. The New York Times reports.
Warren Buffett's Berkshire Hathaway is paying almost $1 million to the government for failing to make disclosures required by antitrust law ... again.
Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency reported.
China's recent anti-monopoly law enforcement may be less about targeting foreign companies than combating another potential threat: income inequality.
European companies have lashed out at the Chinese government, saying that they have been subject to "intimidation tactics" by officials.
Men in suits and casual business wear barged into Mercedes-Benz's east China sales office, near Shanghai's Hongqiao international airport on Monday.
Microsoft should not obstruct an anti-trust investigation by Chinese regulators, the SAIC said on Monday.
After 21st Century Fox's failed bid to acquire Time Warner, the question arises as to what other media giants are now in play for purchase?
Andre Barlow, former DOJ trial attorney, and Georg Szalai, The Hollywood Reporter, share insight on emerging antitrust issues as consolidation efforts seep through the media sector.
U.S. chipmaker Intel lost on Thursday its challenge against a record 1.06-billion-euro ($1.44 billion) fine handed down by the European Union.