Mergers and Acquisitions

The annual Pebble Beach golf tournament had an unwitting part in the year's biggest media merger

In what could easily be the year’s biggest media deal, AT&T announced it will spin off its WarnerMedia assets and combine them with Discovery in a blockbuster $43 billion tie-up that’s shaking up the entertainment industry and already there are winners and losers

Amazon is in talks to purchase film studio Metro-Goldwyn-Mayer.

U.S. equity markets were lower as traders digested the AT&T-Discovery mega-merger.

AT&T Inc. has agreed to merge its WarnerMedia division with Discovery Communications Inc., creating a streaming giant behemoth to compete with Walt Disney Co.'s Disney+ and Netflix.

Bright Machines is nearing a merger with a special-purpose acquisition company to go public in a deal that would value the manufacturing-automation business at about $1.6 billion, according to people familiar with the matter.

The largest shareholder of home-furnishings chain At Home Group Inc. plans to oppose a deal to take the retailer private because it says the sale price is too low, according to a copy of a letter to the company’s board of directors viewed by The Wall Street Journal.

AT&T Inc. is in talks to combine a big portfolio of media assets, including CNN, with Discovery Inc., according to people familiar with the matter, a deal that would mark a major strategy shift for the telecom giant as the traditional TV business faces prolonged pressure.

The 7-Eleven convenience store chain said Friday it had completed a $21 billion acquisition of Marathon Petroleum Corp.’s MPC 2.21% Speedway convenience stores, amid disarray from U.S. antitrust enforcers who hadn’t agreed on what to do about a transaction they all said they believed was anticompetitive.

U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales.

General Mills Inc said on Friday it would buy Tyson Foods Inc's pet treats business for $1.2 billion in cash, as the cereal maker builds its pet food portfolio at a time people are increasingly adopting cats and dogs.

Canadian National sweetened its offer to buy Kansas City Southern railroad Thursday and derailed rival Canadian Pacific's bid for the railroad that handles traffic in the United States and Mexico.

An investor group led by U.S. merchant bank GSV's CEO Michael Moe has entered into exclusive negotiations to acquire business news and information publisher Forbes Media LLC for about $650 million, a person familiar with the matter said on Wednesday.

Verizon is selling media assets to Apollo, creating a new Yahoo.

Business news and information publisher Forbes Media LLC is in talks to go public through a merger with a special purpose acquisition company (SPAC) as it attracts new acquisition interest, people familiar with the matter said on Thursday.

Lyft Inc. is selling its self-driving division to a unit of Toyota Motor Corp. for $550 million, a move the ride-hailing giant said will help it turn a profit sooner than previously expected.