Tag: Mergers and acquisitions
Canadian Pacific agrees to buy Kansas City Southern for $25B
NEW YORK — Canadian Pacific Railway Ltd. has agreed to buy Kansas City Southern for $25 billion in cash and stock, creating the first...
Brand firm takes controlling stake in Toys R Us parent
NEW YORK — A New York-based brand management firm that already owns Anne Klein and Joseph Abboud is taking a controlling stake in the...
Belgian soccer clubs favor merger with Netherlands teams
BRUSSELS — Belgium's leading soccer clubs support a possible cross-border league with Netherlands teams.
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Battling bigness: Congress eyes action against monopolies
WASHINGTON — The battle against bigness is building. Whether it’s beer, banks or book publishing, lawmakers are targeting major industries they say have become...
Hertz eyes bankruptcy exit through $4.2 billion stake sale
In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a controlling stake in the company to...
Palestinians say Israel blocks shipment of vaccines to Gaza
RAMALLAH, West Bank — The Palestinian Authority said Monday that Israel was preventing it from sending coronavirus vaccines to the Gaza Strip that are...
Bally’s acquires SportCaller free-play game provider
ATLANTIC CITY, N.J. — Bally's Corp.'s shopping spree shows no signs of slowing down as the Rhode Island-based gambling company snapped up yet...
UK tech tycoon fights US extradition over ill-fated HP deal
LONDON — A British tech entrepreneur appeared in a London court Tuesday to fight extradition to the United States on fraud charges stemming from...
US gun maker Colt bought by Czech company
PRAGUE — Czech firearms company Ceska Zbrojovka has signed a deal to acquire Colt, the American gun maker that helped develop revolvers in the...