Vox Media agrees to buy Group Nine Media in all-stock deal
By Steigrad Vox Media, owner of New York magazine, the Verge and Vox, has inked a deal to buy Group Nine, home to Thrillist, The Dodo and NowThis, creating a …
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Investors to take McAfee private in $14B deal
By Garber McAfee Corp. is being taken private by a group of investors in a deal that values the cybersecurity firm at more than $14 billion including debt. A consortium of investors including Advent …
Read MorePenn National to buy sports-betting firm Score Media for $2 billion
By Elisa Penn National Gaming will buy Canadian sports-betting firm Score Media and Gaming for nearly $2 billion in cash and stock, the companies said. The deal comes on the heels of …
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DirecTV to become standalone company through $16B AT&T, TPG deal
By Alexandra Telecom giant AT&T has inked a deal with private equity firm TPG that calls for struggling satellite TV provider DirecTV to become a standalone company. The deal calls …
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SiriusXM nears $300M deal to buy Stitcher podcast service
By Steigrad SiriusXM is nearing a $300 million deal to buy the Stitcher podcasting platform from broadcaster E.W. Scripps, sources told. The acquisition would give the satellite radio giant a …
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Amazon to buy self-driving technology startup Zoox
By Amenda Amazon has agreed to buy California-based self-driving startup Zoox in a deal reported to be worth more than $1 billion that gives it options to use autonomous technology …
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AstraZeneca eyes potential merger with Gilead Sciences
By Manskar AstraZeneca has approached Gilead Sciences about a massive merger that would combine two companies leading the pharmaceutical industry’s battle against the coronavirus, a report says. The British drugmaker …
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ViacomCBS to sell legendary ‘Black Rock’ headquarters
By Alexandra Five days after the merger of CBS and Viacom closed, the combined ViacomCBS has decided to sell CBS’ famed New York headquarters known as “Black Rock.” The black …
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Shares of cancer treatment company ArQule surge 100 percent on Merck acquisition
By Morgan Drug giant Merck & Co. agreed Monday to acquire ArQule, a cancer-treating biopharmaceutical company, for $20 per share in cash for a total equity value of around $2.7 …
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Fiat Chrysler, Peugeot plan to merge into world’s fourth-largest car maker
By Lisa Fiat Chrysler and Peugeot owner PSA plan to join forces through a 50-50 share swap to create the world’s fourth-largest automaker, they said on Thursday, triggering a new …
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FTC probing Facebook for snapping up Instagram, others to squash rivals
By Kosman The Federal Trade Commission is probing whether Facebook snapped up companies like Instagram in order to squash up-and-coming rivals, according to a new report. The FTC has been …
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Google joins Dish in talks to create 4th mobile carrier: sources
By Kosman Google is in talks to help create a fourth US wireless carrier, even as Sprint and T-Mobile struggle to get their controversial merger cleared with federal and state …
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