Merger Deals

[Channel98]

Shares of JetBlue Airways closed today at 6.75, a gain of 0.28 (4.33%). Shares of Spirit Airlines closed at 5.76, a drop of 0.70 (10.84%). Federal regulators allowed Sirius and XM to merge in 2008 and shares of SiriusXM are now at 4.17. Wooh!

JetBlue and Spirit Call Off Their $3.8 Billion Merger

JetBlue said it would pay Spirit $69 million to terminate the deal, which federal antitrust regulators blocked.

www.nytimes.com

 

[kingchuck69]

Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers?

Two of the biggest grocery chains in the United States had hoped to complete the largest supermarket merger in the country’s history this year.

apnews.com

My mother lived in Phoenix and worked at a store in a Plaza that had an Albertson's in it. Well, the Kroger O&O Fry's up the street remodeled to be more hoidy-toidy and Albertson's closed in 2017. I just checked Google and it's still empty.

 

[Channel98]

Brothers Andrew and Isadore Saks opened the first Saks & Co. men's clothing store in 1866 in Washington DC. Today the Saks Fifth Avenue chain operates 42 stores in the United States, Canada, Bahrain and Kazakhstan. Herbert Marcus, his sister Carrie Neiman and her husband Abraham opened the first Nieman Marcus clothing store in 1907 in Dallas. Today there are 36 Nieman Marcus locations in the United States.,

Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help

https://www.cnn.com/2024/07/05/business/saks-fifth-avenue-neiman-marcus-amazon/index.html

 

[scotchandcigar]

These two amusement park giants just merged. Rollercoaster fans are nervous​

https://www.cnn.com/2024/07/06/business/six-flags-cedar-fair-merger-rollercoaster/index.html

 

[Wolf]

Paramount Global to merge with Skydance Media

https://www.cnn.com/2024/07/08/media/paramount-global-skydance-merger-announcement/index.html

 

[semipenguin]

A powerful new player in Hollywood - Marketplace

That talk about the merger in this podcast

 

[Channel98]

MIke Young and John Zapp opened the first Chuy's Mexican restaurant in 1982 in Austin. There are now 101 Chuy's in 15 states. Darden Restaurants, headquartered in Orlando, owns nine other restaurant chains including Olive Garden, LongHorn Steakhouse, Ruth's Chris Steak House and The Capital Grille. Shares of Darden closed today at 142.87, a drop of 4.50 (3.05%).

Austin-based Chuy's Tex-Mex acquired by Darden Restaurants for $605 million

https://www.mysanantonio.com/business/article/darden-chuys-19580509.php

 

[Channel98]

Shares of Verizon closed today at 41.30, a drop of 0.18 (0.43%). Shares of Frontier Communications closed at 35.00, a drop of 3.68 (9.51%).

Verizon to acquire Frontier in $20 billion deal to boost fiber network

https://www.cnn.com/2024/09/05/tech/verizon-frontier-deal/index.html

 

[HecticArt]

Great my cell bill is going to go up again.

 

[Channel98]

Pacific Coast Oil Company was founded in 1879 in San Francisco. After merging with Standard Oil Company of Iowa, it became Standard Oil Company of California in 1906 and was renamed Chevron in 1984..Chevron acquired Gulf in 1984, Texaco in 2001 and Unocal in 2005. Shares of Chevron closed today at 147.54, a gain of 1.86 (1.28%).

FTC set to greenlight Chevron's $53 billion purchase of oil rival Hess, sources say

https://www.reuters.com/markets/deals/ftc-set-greenlight-chevrons-53-billion-buy-oil-rival-hess-sources-say-2024-09-23/

 

[scotchandcigar]

DirecTV agrees to buy Dish for $1​

https://www.cnn.com/2024/09/30/media/directv-dish-network-merger/index.html

 

[sadchild]

The old expression "marrying into your debt"......

 

[HecticArt]

Hell.....I'd have given them $2.....