Mergers, Acquisitions and Takeovers

Tesoro gets state and federal clearance to buy BP's Arco assets

2013-05-17 14:09:00

State and federal authorities cleared the way Friday for Tesoro Corp. to buy BP's Carson refinery, the Arco brand and other assets, and the Texas oil giant agreed to California restrictions on prices, jobs and retrofits to protect the environment. The...

Tesoro is cleared to buy BP's Carson refinery, Arco stations

2013-05-17 18:30:00

Tesoro Corp. won federal and state clearance for its purchase of BP's Carson refinery, Arco stations and other assets for $2.4 billion, an acquisition that would further concentrate the state's fuel-making capacity into only two players — Tesoro and...

Combined T-Mobile-MetroPCS debuts on N.Y. Stock Exchange as 'TMUS'

2013-05-01 09:56:00

With the acquisition of MetroPCS, T-Mobile is picking up 9 million new customers, more wireless spectrum and a stock exchange ticker symbol. The company, which has been renamed T-Mobile U.S., debuted Wednesday on the New York Stock Exchange, trading...

N.Y. real estate firm soon to be downtown L.A.'s biggest landlord

2013-04-25 12:49:00

One of the biggest players in Manhattan real estate is about to become the largest landlord in downtown Los Angeles, controlling five of the 10 tallest skyscrapers in the city. In a blockbuster deal, Brookfield Office Properties Inc. is paying about...

WellPoint posts 3% profit gain and raises full-year outlook

2013-04-25 00:00:00

Insurance giant WellPoint Inc. reported a 3% increase in first-quarter profit and raised its full-year outlook as the company prepares for major changes under the federal healthcare overhaul. WellPoint, which runs Anthem Blue Cross in California and...

American Airlines computer outage grounds hundreds of flights

2013-04-17 00:00:00

American Airlines, hoping to reinvent itself by coming out of bankruptcy with a new logo, freshly painted planes and a merger plan that will make it the nation's largest carrier, suffered a setback Tuesday when a computer outage grounded hundreds of...

Dish Network makes $25.5-billion bid for Sprint Nextel

2013-04-16 08:00:00

Dish Network Corp. is taking a run at Sprint. The satellite television company made an unsolicited $25.5-billion bid for Sprint Nextel Corp. on Monday in an attempt to marry one of the nation's biggest pay-TV providers with the third-largest U.S....

Taxpayers failing to get their fair share of wireless gold rush

2013-04-16 00:00:00

Satellite TV provider Dish Network says it's thinking only of customers as it offers $25.5 billion to buy Sprint Nextel, the third-biggest U.S. wireless company. "A transformative Dish/Sprint merger will create the only company that can offer...

Analysts: Disney layoffs tied to Lucasfilm, Marvel acquisitions

2013-04-10 17:01:00

Walt Disney Co. has begun the process of laying off about 150 people who work at the company’s movie studio. Analysts said that the layoffs, which were confirmed by the Burbank-based company Wednesday, are probably related to redundancies...

Shake-up on Hewlett-Packard board

2013-04-04 17:37:00

Three members of Hewlett-Packard Co.'s troubled board of directors, including its chairman, will quit their posts after barely being reelected two weeks ago. The shake-up follows widespread criticism that HP botched an $11-billion acquisition of British...

HP defends board in wake of shareholder uprising

2013-03-11 15:39:00

The heat has been building on Hewlett-Packard's board as the company prepares for its annual meeting next week, with several major shareholders calling for a protest vote against some directors. In a securities filing on Monday, HP struck back against...

Allergan thrives with Botox but is unloading Lap-Band

2013-03-03 17:39:00

The company: Allergan Inc. Headquarters: Irvine Ticker: AGN Employees: 10,800 Leadership: David E.I. Pyott, chief executive since 1998 Revenue: $5.8 billion in 2012 Net income: $1.1 billion in 2012 Stock price: $108.60 at Friday's close...

Walls and door headers were removed to create the open plan upstairs, with the living room on the left and the kitchen on the right. Note the cabinetry toward the back wall, formerly the laundry area. A wall between the kitchen and dining room was removed to open up the space.

2013-02-04 00:00:00

If my father was Bob Dylan, I would have run screaming from the music business. But I'm not Jakob Dylan, who's 42 today.

2012-12-07 16:50:00

In this Herald-Mail file photo, Duvinage President Robert A. Maruszewski discusses the company's recent acquisition of an Ohio firm.

2012-12-06 15:30:00