Ownership changes

June 14, 2019 - 2:20 pm
SAN ANTONIO (AP) — An investment firm has purchased a majority stake in Whataburger as the Texas-based fast-food company seeks to expand in an increasingly competitive market. Whataburger announced Friday that the purchase by Chicago-based BDT Capital Partners should be finalized by the end of the...
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June 12, 2019 - 4:49 am
French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash. Dassault said Wednesday that it was offering of $92.25 for each share of Medidata, slightly less than its $94.75 closing price on Tuesday. Medidata shares dipped about 4% in premarket...
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June 11, 2019 - 8:50 pm
BISMARCK, N.D. (AP) — Two companies are proposing a $1.6 billion pipeline to move North Dakota crude oil, making it the biggest such project to move oil out of the state since the Dakota Access pipeline that sparked violent clashes between protesters and law enforcement in 2016 and 2017. Houston-...
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FILE - This April 26, 2012, file photo shows the Shutterfly headquarters in Redwood City, Calif. Private equity firm Apollo Global Management is buying online photo publishing company Shutterfly for $51 per share. Redwood City, California-based Shutterfly's stock closed at $50.25 on Monday, June 10, 2019. (AP Photo/Paul Sakuma, File)
June 10, 2019 - 8:06 pm
SAN FRANCISCO (AP) — Private equity firm Apollo Global Management is buying online photo publishing company Shutterfly for $51 per share. Apollo will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and photobooks of their favorite shots. But demand for...
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FILE - In this Feb. 20, 2019, file photo a mannequin wears a red dress inside the Saks Fifth Avenue's flagship midtown Manhattan store in New York. A group of shareholders of Saks Fifth Avenue's parent is making an offer to take the struggling department store chain private. The offer was announced Monday, June 10. (AP Photo/Kathy Willens, File)
June 10, 2019 - 12:20 pm
NEW YORK (AP) — A group of shareholders of Saks Fifth Avenue's parent has made a cash offer to take the struggling department store chain private. The offer, announced Monday, is being led by Hudson's Bay Executive Chairman Richard Baker, Rhone Capital LLC, WeWork Property Advisors, Hanover...
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FILE - In this Nov. 1, 2018, file photo U.S. Air Force F-35 A-fighter jets from 31st Test Evaluation Squadron at Edwards AFB fly over Levi's Stadium before an NFL football game between the San Francisco 49ers and the Oakland Raiders in Santa Clara, Calif. Raytheon Co. and United Technologies Corp. are merging in a deal that creates one of the world's largest defense companies. The merger was announced Sunday, June 9, 2019. United Technologies makes engines for Lockheed Marti Corp.'s F-35 stealth fighter. (AP Photo/Ben Margot, File)
June 10, 2019 - 11:25 am
WALTHAM, Mass. (AP) — Raytheon and United Technologies will join to create a massive aerospace and defense company in a sector that is already rapidly consolidating. The combined company, which will count among its portfolio of weaponry the F-35 fighter jet engines, Patriot and Tomahawk missile...
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FILE - This Aug. 31, 2017 file photo, shows a Barnes and Noble Booksellers store in Pittsburgh. The beleaguered bookseller is being sold to Elliott Management Corp. in a $476 million deal. Elliott will pay $6.50 per share. That’s an approximately 9% percent premium to the company’s Thursday closing price of $5.96. The transaction is valued at about $683 million, including debt. (AP Photo/Gene J. Puskar, File)
June 07, 2019 - 2:09 pm
Barnes & Noble is being acquired by a hedge fund for $476 million and will be taken private. The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon.com and other online sellers, but remains a critical outlet for publishers. On Friday, it was...
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FILE - In this Nov. 19, 2018, file photo, Nissan Motor Co. President and Chief Executive Officer Hiroto Saikawa speaks during a press conference at Nissan Motor Co. Global Headquarter in Yokohama, near Tokyo. Nissan wasn’t consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker’s reluctance to go along may have helped bring about the surprise collapse of the talks. Saikawa told reporters late Thursday, June 6, 2019 he wanted time to learn what the Fiat Chrylser-Renault merger might mean for Nissan. (AP Photo/Shuji Kajiyama, File)
June 07, 2019 - 3:07 am
TOKYO (AP) — Nissan wasn't consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker's reluctance to go along may have helped bring about the surprise collapse of the talks. While Nissan Motor Co. had a weaker bargaining position from the...
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FILE - In this March 12, 2019, photo, Renault Chairman Jean-Dominique Senard, left, and Nissan CEO Hiroto Saikawa speak at the start of a joint press conference following a board meeting at the Nissan headquarters in Yokohama, near Tokyo. Japanese automaker Nissan wasn’t consulted about a proposed merger between its French alliance partner Renault and Fiat Chrysler and has little say over the issue. Partnering with a colossal Renault-Fiat Chrysler could help Nissan slash costs on shared components and research. (AP Photo/Eugene Hoshiko, File)
June 06, 2019 - 11:57 am
MILAN (AP) — Fiat Chrysler's surprise decision to withdraw a merger offer with French carmaker Renault stunned the industry, collapsing Thursday on fundamental differences over when Renault's long-time alliance partner, Nissan, would be brought in. The merger plan, which had sought to create the...
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FILE - In this May 1, 2019, file photo a man walks past a Google sign outside with a span of the Bay Bridge at rear in San Francisco. Google is acquiring data analytics firm Looker for $2.6 billion cash in an effort to expand its Google Cloud business. The company says Looker will give its cloud-computing customers more ways to use their data. (AP Photo/Jeff Chiu, File)
June 06, 2019 - 9:58 am
NEW YORK (AP) — Google is acquiring data analytics firm Looker for $2.6 billion cash in an effort to expand its Google Cloud business. The company says Looker will give its cloud-computing customers more ways to use their data. The companies were already working together and share about 350...
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