mergers and acquisitions

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Electronic Arts to Be Acquired for a Whopping $55B

Jared Kushner's private equity firm is among those in a joint bid to take the storied gamemaker private

(Newser) - Electronic Arts, maker of video games like "Madden NFL," "Battlefield," and "The Sims," is being acquired for $55 billion, the biggest leveraged buyout attempt in history. Under the terms of the deal announced Monday, the private equity firm Silver Lake Partners, Saudi Arabia's...

$4.1B Purchase of FirstBank to Add Markets for PNC

Deal will put Pennsylvania bank near $575B in assets

(Newser) - PNC Financial said Monday that it plans to buy Colorado-based FirstBank for $4.1 billion, giving PNC a substantial presence in the Colorado banking market as well as Arizona's. FirstBank, which is typically branded as 1stBank, is a midsize bank based in Lakewood that operates 120 retail branches with...

Trump Fires Board Member Before Vote on Rail Merger

Robert Primus says he wasn't given cause; White House says he didn't align with 'America First agenda'

(Newser) - President Trump has fired a Democratic board member of the regulatory body that will decide whether to allow the largest railroad merger ever attempted, but Robert Primus said that the dismissal isn't valid and that he'll continue to carry out his duties. Primus, who was nominated by Trump...

After $18B Buy, Keurig Dr Pepper to Split
Keurig Dr Pepper
Makes $18B Buy
Aug 25, 2025 9:05 AM CDT

Keurig Dr Pepper Makes $18B Buy

Company snaps up Peet's, will split into separate coffee and refreshment beverage businesses

(Newser) - Keurig Dr Pepper is shaking up the beverage landscape with an $18 billion deal to acquire JDE Peet's, the Amsterdam-based owner of Peet's Coffee. The move is set to split Keurig Dr Pepper into two separate publicly traded companies: one that will focus on coffee, and another...

Perplexity Throws Down $34.5B Gauntlet for Google Chrome

Startup's bid arrives as a judge weighs antitrust remedies for Google

(Newser) - AI upstart Perplexity is making waves with a bold $34.5 billion bid for Google's Chrome browser, aiming to elbow into the search market currently dominated by the tech titan. The San Francisco-based company, valued at $18 billion, claims it has full investor backing for the offer, per...

NFL Grabs Stake in ESPN as Disney Hands Over Key Assets

Move puts NFL Network, RedZone under sports channel's umbrella

(Newser) - The NFL is set to acquire a 10% stake in ESPN as part of a sweeping partnership with Disney, giving the league significant influence over the sports network while handing ESPN control of key NFL media assets, including the NFL Network. While the value of the transaction remains undisclosed,...

First Coast-to-Coast Freight Train May Be Headed Our Way

Union Pacific, Norfolk Southern look to merge in $85B deal, but not everyone's on board

(Newser) - Union Pacific and Norfolk Southern are moving to create the first coast-to-coast freight rail operator in US history, announcing an $85 billion merger that, if approved, would link 50,000 miles of track from New Jersey to California, across 43 states. The deal promises to streamline shipping and give...

60 Minutes Names Its New Executive Producer

Tanya Simon's predecessor stepped down amid Trump administration tensions

(Newser) - 60 Minutes is getting its fourth executive producer in its 57-year-history. CBS News reports that Tanya Simon, the show's first female executive producer, has been serving as interim executive producer since her predecessor, Bill Owens, stepped down in April following heavy criticism of the show from President Trump. Owens...

FCC Votes 2-1 to Approve Politically Charged Merger

Chairman praises Paramount's buyer for promising its journalism will be unbiased

(Newser) - The Federal Communications Commission announced Thursday it has agreed to Paramount's merger with the Hollywood studio Skydance, after a yearlong campaign by the companies that included political charges and countercharges—as well as new alignment with President Trump's agenda. The commission's vote was 2-1, the Los Angeles ...

Report: ESPN Is Close to Massive NFL Deal

Talks about acquiring NFL Media have been going on for years

(Newser) - After years of talks, a deal for ESPN to acquire the NFL's media wing could be close. Sources recently told Sports Business Journal that team owners have been given an "informal heads-up" about a possible team owners' meeting next month on the sale of NFL Media to the...

Massive Convenience-Store Merger Is Off

Circle K owner gives up on effort to acquire 7-Eleven's Japanese parent company

(Newser) - Canadian convenience-store giant Alimentation Couche-Tard has officially scrapped its $46 billion bid to acquire Seven & i Holdings, the Japanese parent of 7-Eleven, after nearly a year of stalled talks. In a sharply worded letter to Seven & i's board, Couche-Tard executives accused the Tokyo-based company of dragging...

Shell Denies Report of 'Biggest Deal in a Generation'

Sources told WSJ oil giant was in talks to acquire BP

(Newser) - Shell is denying reports that it is in talks to acquire BP in what could be the energy industry's biggest deal in decades. The Wall Street Journal , citing "people familiar with the matter," reported Wednesday that Shell was in early-stage talks to snap up its rival in...

Nippon Steel-US Steel Deal Closes, With a Change

Federal government will have control of a board seat and a say in some matters

(Newser) - Nippon Steel and US Steel said Wednesday they have finalized their "historic partnership," a deal that gives the US government a say in some matters and comes a year-and-a-half after the Japanese company first proposed its nearly $15 billion buyout of the iconic American steelmaker. The pursuit by...

Trump Announces 'Partnership' Between US Steel, Nippon

Merger blocked by Biden might be cleared, but few details are released

(Newser) - President Trump announced a deal on Friday between US Steel and Japan's Nippon Steel, which have been seeking approval to merge, but the scope of the agreement wasn't revealed. The president posted on Truth Social that the companies will enter into a "planned partnership" that will keep...

23andMe Has a Buyer —and Privacy Concerns

Biotech firm Regeneron would take control of clients' genetic data

(Newser) - Biotech company Regeneron Pharmaceuticals is buying 23andMe for $256 million, reports the AP , two months after the genetic testing company filed for Chapter 11 bankruptcy . The Wall Street Journal foresees instant "privacy concerns," given that Regeneron would acquire the genetic data of millions of people under the deal....

Cox, Charter Play to Trump in Announcing $34.5B Merger

FTC chairman has suggested companies shouldn't assume deals will be approved

(Newser) - A merger that would create one of the nation's biggest TV and internet providers will provide an early test case for President Trump's antitrust enforcers. Charter Communications and Cox Communications announced the deal on Friday in a statement tailored to reflect the president's rhetoric, the New York ...

Skechers Deal Is Biggest-Ever Footwear Buyout

Company's board unanimously backs $9B 3G Capital deal

(Newser) - Skechers is set to be acquired by investment 3G Capital for around $9 billion and will become a private company. The board backed the deal unanimously, according to both firms. The $63-per-share offer is a 30% premium over the company's 15-day volume-weighted average stock price. After the transaction...

60 Minutes Reporter Rebukes CBS Owner on Air

Scott Pelley speaks out after longtime executive producer resigns

(Newser) - The AP calls it "an unusual peek behind the scenes at the sort of inner turmoil that viewers seldom get the opportunity to see:" At the end of Sunday's episode of 60 Minutes, correspondent Scott Pelley paid tribute to Bill Owens, the executive producer who left the...

Prada Buys Versace in 'Bold and Ambitious' Move

The $1.4B deal merges 2 luxury fashion titans

(Newser) - In a major shake-up in the fashion world, the Prada Group is set to acquire Versace from Capri Holdings for $1.4 billion, merging iconic Italian style with Prada's global influence. This strategic move promises a powerful synthesis of two luxury fashion titans, poised to reshape industry dynamics....

Google Is Making the Biggest Buy in Its History

Tech behemoth will purchase cybersecurity firm Wiz for $32B

(Newser) - Google will buy cybersecurity firm Wiz for $32 billion to boost the tech giant's in-house cloud computing amid burgeoning artificial-intelligence growth. The all-cash acquisition announced Tuesday would be Google's biggest in its 26-year history, reports the AP , and it's the biggest deal of 2025. Wiz will join...

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