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Mergers and Acquisitions Mergers

  • Dec 19- Delta Air Lines Inc said on Monday it would end its codeshare agreement with Alaska Air Group Inc as the latter would focus on its merger with Virgin America Inc.. Delta said the sales of flights under DL- and AS-coded flight numbers flown on Delta and Alaska aircraft respectively would cease, effective May 1. Delta and Alaska codeshare on only a small number...

  • The move comes after Danbury, Connecticut- based Praxair provided new assurances to Munich, Germany- based Linde over corporate governance and jobs, the sources said. Its previous bid to create a $65 billion industrial gas giant failed in September amid disagreements over these issues. German unions IG BCE and IG Metall have struck a deal with Linde's...

  • From left Amazon founder Jeff Bezos, Alphabet CEO Larry Page, and Facebook COO Sheryl Sandberg listen during a meeting with technology industry leaders at Trump Tower in New York, NY on Wednesday, Dec. 14, 2016.

    Most technology CEOs that met with Donald Trump this week have been silent — and that says a lot, Swisher said.

  • He bought Viacom through a hostile takeover in 1987, and later added Paramount Pictures and CBS. He split Viacom from CBS in 2006.. The announcement that Redstone is stepping down from the board came just days after he and Shari Redstone withdrew a proposal for CBS and Viacom to explore a merger.

  • LONDON, Dec 16- European stocks climbed to an 11- month high on merger and acquisition speculation on Friday, while the dollar's rally paused as investors adjusted their portfolios to cope with any faster-than-expected increases in U.S. interest rate. Japan's Nikkei gained 0.7 percent after rising to a one-year peak on the export prospects from a weaker yen.

  • Marissa Mayer, chief executive officer of Yahoo! Inc.

    The wireless provider may explore a price cut or possible exit from the $4.83 billion deal, according to Bloomberg.

  • MILAN, Dec 15- Popolare di Vicenza and Veneto Banca are preparing to sell 8 billion euros in bad loans, the head of credit manager Credito Fondiario said on Thursday, as the two Italian regional banks study a possible merger. The two lenders held 8.5 billion euros in bad debts at the end of June, out of a total of 17 billion euros in doubtful loans- which represent 38...

  • Irene Rosenfeld, CEO of Mondelez International

    Kraft-Heinz is planning to acquire Mondelez, which is currently in the midst of a $3 billion cost saving program, according to a report.

  • Dec 14- Boutique investment banks have grabbed a record share of the global merger and acquisition fee pool off larger Wall Street rivals this year but their stock price performance is trailing bigger peers. M&A levels have slowed and without major lending and trading desks, these firms are not in line for the sort of boost their larger rivals are expected to...

  • Alaska Air, Virgin America merger done deal

    CNBC's Phil LeBeau reports on Alaska Air's goal to compete with other major airlines.

  • COPENHAGEN/ LONDON, Dec 14- Talks between shipping group A.P. In June, Maersk announced it had lost a major oil production contract in Qatar, adding to capital pressures. Several private equity funds, including EIG Global Energy Partners, have shown interest in DONG, according to banking sources.

  • Large listed deals have been lapsing: Dealreporter

    Lucinda Guthrie, deputy global editor at Dealreporter, takes a look at how M&A has performed in 2016, and where M&A activity is heading in the future.

  • Redstone's daughter Shari, who controls CBS's and Viacom's controlling shareholder National Amusements together with her father, told the New York Times Dealbook conference last month that scale was crucial for both companies, because it would give them greater pricing power in content distribution. The chief executives of CBS and Viacom are also...

  • CBS, Viacom deal off: Next media merger?

    With the CBS-Viacom deal off the table, the "Fast Money" traders discuss what may be the next media merger.

  • Les Moonves, the longtime chief executive of CBS, said last week talks were still stuck in the early stages, more than two months after the Redstones asked the boards of both companies to explore a tie-up. CBS shares initially rose 1.8 percent, touching a nearly 2-1/ 2 year high, after CNBC cited a New York Post report that Verizon Communications Inc was interested in...

  • Les Moonves, the longtime chief executive of CBS, said last week talks were still stuck in the early stages, more than two months after the Redstones asked the boards of both companies to explore a tie-up. CBS shares initially rose 1.8 percent, touching a nearly 2-1/ 2 year high, after CNBC cited a New York Post report that Verizon Communications Inc was interested in...

  • WASHINGTON, Dec 12- The U.S. Justice Department sought on Monday to knock down arguments by Aetna Inc's chief executive that Medicare Advantage competes with government insurance programs, making Aetna's proposed merger with Humana legal under antitrust law. Judge John Bates of the U.S. District Court for the District of Columbia will likely allow the deal to...

  • Viacom-CBS deal breakdown

    National Amusements asks the boards of CBS and Viacom to discontinue their exploration of a potential combination, CNBC's Julia Boorstin reports.

  • NEW YORK, Dec 12- Sumner Redstone's National Amusements said Monday it has stopped pushing its media properties CBS and Viacom to merge, citing progress by Viacom's new leadership, in place only a few weeks. CBS shares rose 1.8 percent, touching a nearly 2-1/ 2 year high after CNBC cited a report that Verizon Communications Inc was interested in buying the company.

  • NEW YORK, Dec 12- Sumner Redstone's National Amusements said Monday it has stopped pushing its media properties CBS and Viacom to merge, citing progress by Viacom's new leadership, in place only a few weeks. CBS shares rose 1.2 percent. While Viacom and CBS never entered negotiations around pricing, the two parties were far apart on what Viacom could be valued in a...