WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. The deal, proposed in December 2013, is seen as problematic because Sysco and US Foods are...» Read More
Bob McCooey, Nasdaq SVP, discusses details of the American and U.S. Airways merger, and the compelling "value proposition" Nasdaq provides for companies looking to go public.
Sysco said it would buy rival US Foods for about $3.5 billion, creating a company with about $65 billion in annual revenue.
The "Squawk on the Street" crew discuss the close of the U.S. Air and American merger creating the world's largest airline and what it means for investors. Also, a United passenger has an unfortunate experience.
CNBC's Phil LeBeau talks with American Airlines CEO Doug Parker about the benefits of its merger with US Air and how he plans to win over corporate travelers.
A U.S. Supreme Court justice denied a last-ditch effort to stop the merger of American Airlines and US Airways.
Eminence Capital is pushing for Men's Wearhouse to consider a merger with Jos. A. Bank. Eminence Capital founder, CEO/CIO Ricky Sandler says he has "never seen a board that has acted this irresponsibly in front of an opportunity like this," in regards to Men's Wearhouse.
Former Continental Airlines Chairman & CEO Gordon Bethune says he was "absolutely" surprised the DOJ went after the AMR Corp. and U.S. Airways merger.
With the Intercontinental Exchange and NYSE Euronext deal set to close, Jeff Sprecher, Intercontinental Exchange CEO, discusses the deal and says the greatness of the company is the way it raises capital.
American and U.S. Airways have settled their merger suit with the Justice Department. Virgin America CEO David Cush weighs in on the impact the agreement will have on smaller communities.
CNBC's David Faber reports shares of AMR and U.S. Airways are halted.
Toll Brothers is buying the home building unit of Shapell Industries for about $1.6 billion, strengthening its position in California.
BlackBerry on Monday moved to oust CEO Thorsten Heins and jettisoned a buyout by Fairfax Financial in one fell swoop.
Elie Mystal and Staci Zaretsky with Abovethelaw.com discuss the possible merger between Orrick and Pillsbury.
AMC Networks said it would buy Chellomedia, the international content unit of John Malone's Liberty Global, for about $1.04 billion.
More than a third of companies are planning M&A deals within the next year, according to an Ernst & Young survey of executives across 70 countries.
CNBC's David Faber reports the purchase of Coal Real Estate by American Realty Capital for $11.2 billion.
Cerberus and others are exploring a deal for Safeway, which could potentially shape up to be one of the largest buyouts since the financial crisis.
Lenovo, the world's largest PC maker, is 'actively looking' into bidding on BlackBerry, Dow Jones reported on Thursday, citing unnamed sources.
Advance Auto Parts Inc will buy General Parts International Inc for just over $2 billion, creating the largest North American retailer of auto parts.
Men's Wearhouse is rejecting an unsolicited $2.3 billion merger offer from rival Jos. A. Bank Clothiers, saying the bid "significantly undervalues" the company.