President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie before the body considers the largest railroad merger ever proposed. Board member Robert E. Primus said on LinkedIn that he received an email from the White House Wednesday night terminating the position he has held since he was appointed by Trump in his …
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Keurig Dr. Pepper to unwind merger after buying Peet’s Coffee for $18 billion
NEW YORK (AP) — Less than a decade after their merger, Keurig and Dr Pepper plan to become separate companies again. Keurig Dr Pepper said Monday it is buying the owner of Peet’s Coffee in an $18 billion (15.7 billion euro) deal. Then it will break itself in two, with one company selling coffee and the other selling cold beverages …
Read More »Dr Pepper will unwind its merger with Keurig after buying Peet’s for $18 billion : NPR
The logo for Keurig Dr. Pepper appears in July 2018 above a trading post on the floor of the New York Stock Exchange. Richard Drew/AP hide caption toggle caption Richard Drew/AP NEW YORK — Less than a decade after their merger, Keurig and Dr Pepper plan to become separate companies again. Keurig Dr Pepper said Monday it is buying the …
Read More »Exclusive | TV-Station Owner Sinclair Proposes Merger With Tegna – The Wall Street Journal
Exclusive | TV-Station Owner Sinclair Proposes Merger With Tegna The Wall Street Journal Sinclair Launches Comprehensive Strategic Review for Broadcast Business Sinclair, Inc TV Broadcaster Sinclair Said to Seek Merger With Rival Tegna Bloomberg.com Consolidation in TV Broadcasting: Strategic Mergers and Regulatory Shifts Drive Value Creation in Sinclair and Tegna AInvest Sinclair Seeks FCC OK For Another SSA Conversion Radio & Television Business Report Source …
Read More »Hubble uncovers rare white dwarf merger remnant
heic2510 — Science Release 13 August 2025 An international team of astronomers using the NASA/ESA Hubble Space Telescope have discovered a stellar rarity: an ultra-massive white dwarf that formed when a white dwarf merged with another star, rather than through the evolution of a single star. This discovery, which was made possible by Hubble’s sensitive ultraviolet observations, suggests that these …
Read More »Brian Robbins Calls Paramount-Skydance Merger ‘Bittersweet’
Brian Robbins, former co-CEO of Paramount Global and president and CEO of Paramount Pictures and Nickelodeon, is reflecting on his time at the company amid his exit following the Skydance merger. “This moment of transition is, of course, bittersweet,” he said in a Wednesday afternoon memo to staff obtained by Variety. “But I step away with deep pride in what we’ve built together, and …
Read More »Paramount Skydance Merger Finally Closes
Paramount Global and Skydance Media have finally reached the end of their long and winding merger road, announcing the close of their $8.4 billion combination and opening a new chapter for Hollywood. The newly combined company is officially known as “Paramount, A Skydance Corporation,” according to a press release. Its stock will begin trading Thursday on the Nasdaq, under the …
Read More »Warren asks FTC to consider blocking Dick’s-Foot Locker merger
Foot Locker and Dick’s Sporting Good stores. Reuters Sen. Elizabeth Warren is calling on the FTC and DOJ to consider blocking Dick’s Sporting Goods’ proposed acquisition of Foot Locker, writing in a letter to the agencies that the merger could cut jobs, raise prices and reduce competition. The missive, sent Tuesday evening, asks the agencies to “closely scrutinize” the $2.4 …
Read More »Skydance-Paramount Merger: Corporate Hierarchy Made Official
UPDATE MONDAY AM: Skydance Media this morning just announced the future executive team for its pending merger with Paramount Global, which will close Aug. 7. “The new executive team will be comprised of highly accomplished industry veterans, who bring with them complementary capabilities and strategic insight spanning entertainment, technology, business operations, and the world at large to drive Paramount’s transformation …
Read More »Lina Kahn Takes Victory Lap Over Figma IPO After Fighting Adobe Merger
Lina Kahn is having an “I told you so” moment. The former FTC chair celebrated Figma’s stellar IPO in an X post on Friday, nodding at the larger movement, including her own efforts, to block major tech mergers. “A great reminder that letting startups grow into independently successful businesses, rather than be bought up by existing giants, can generate enormous …
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