Mergers
featured
May 24- A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group is coming under fire from the U.S. Department of Justice over nearly $20 million in severance pay earmarked for outgoing boss Tom Horton. In court papers filed on Friday in U.S. Bankruptcy Court in Manhattan, U.S.
» Read More
More
-
NEW YORK, Dec 7- U.S. Airways Group Inc has made a formal merger proposal to American Airlines parent AMR Corp and its creditors that could value the combined airline at around $8.5 billion, a person familiar with the situation said on Friday.
-
Dec 7- U.S. Airways Group Inc has made a formal merger proposal to American Airlines parent AMR Corp that could value the combined airline at around $8.5 billion, a source familiar with the situation said on Friday.
-
The accord to wind down a Franco-German power-sharing pact came weeks after talks broke down to merge the group with UK arms firm BAE Systems, taking advantage of the groundwork for the failed $45 billion deal.
-
*France says Franco-German parity key goal. PARIS/ LONDON, Dec 5- Shareholders in EADS reached final agreement on a radical shake-up of the European aerospace group and an announcement was due later on Wednesday, two people familiar with the matter told Reuters. They come weeks after talks broke down to merge the group with UK defence contractor BAE Systems.
-
PARIS/ LONDON, Dec 5- Shareholders in EADS. France and Germany have agreed to control 12 percent each of the voting rights, handing Berlin a direct stake in the Airbus parent company for the first time. They come weeks after talks broke down to merge the group with UK defence contractor BAE Systems.
-
The deal gives Netflix a leg up in the children's context, with the Fast Money team.
-
*US Airways in effect blocked from making hostile bid. Its smaller competitor, US Airways Group Inc, is making a push to acquire it out of bankruptcy. AMR said earlier this year it would prefer to exit as a standalone company, but is discussing merger options, including with US Airways.
-
*US Airways in effect blocked from making hostile bid. Its smaller competitor, US Airways Group Inc, is making a push to acquire it out of bankruptcy. AMR said earlier this year it would prefer to exit as a standalone company, but is discussing merger options, including with US Airways.
-
By John McCrank and David Henry. Nov 28- Getco Holding Co proposed a $1.4 billion deal that would see it merge into Knight Capital Group Inc, while Virtu Financial LLC offered to buy Knight for at least $1.1 billion, according to sources familiar with the situation on Wednesday.
-
*Getco offer values combined firm at $3.50/ share-sources. Nov 28- Trading firm Getco Holding Co offered to merge with Knight Capital Group Inc to create one of the largest U.S. market makers for stocks and options.
-
Four months after a massive trading-technology glitch that cost it nearly half a billion dollars, Knight Capital Group is on the block, say people involved with the discussions, and could be merged in to one of its chief competitors.
-
Hewlett-Packard admits that a British company called "Autonomy" it bought last year lied about its finances, reports CNBC's David Faber.
-
Wonder what is keeping the British pound so strong? It's the British, stupid.
-
Alistair Darling has made a forceful intervention in the plans by EADS to combine with BAE Systems, saying British interests were bound to suffer because the UK government would have no equity stake in the enlarged group. The FT reports.
-
James Moorman, S&P Capital IQ equity analyst, discusses the merger of MetroPCS and T-Mobile, and takes a look at what's ahead for competitor, Sprint.
-
France is pushing for its government to hold a large stake in the €34 billion defense and aerospace group to be created by combining pan-European EADS and BAE of the UK, raising concerns in London that such a demand would threaten the deal. The FT reports.
-
Southeast Asia's most populous nation is on track to become the world's 7th largest economy by 2030, putting it ahead of the developed nations of Germany and the U.K., a new report by McKinsey Global Institute showed Tuesday.
-
Mark Shafir, Citigroup co-head global mergers & acquisitions, discusses where bankers are looking to find deal flow outside of the nation's borders.
-
CNBC's Kayla Tausche reports the latest details on the merits of the largest regional bank merger since the recession.
-
Tony Farnham, Economist & Analyst, Patersons Securities says that S&P 500 companies are flushed with cash and that M&A activity could pick up.