Mergers & Acquisitions

When business goals in New Jersey include expansion plans, there are several options to consider. However, one of the best ways to expand - and do so quickly - is the acquisition of another company or business. The lead-up to an actual acquisition is crucial to a...

In a move designed to improve efficiency of the electric grid and avoid huge capital costs, power company Entergy announced it would spin off its electric transmission business and merge it with another, Michigan-based ITC Holdings Corp. The $1.78 billion deal was...

While many New Jersey companies have been struggling to maintain business as usual during the recession, one company has decided to allow itself to be acquired. A.C. Moore, the Berlin-based arts and crafts company, has agreed to a $40 million acquisition by an arts...

Communications giant AT&T is engaged in talks to purchase rival provider T-Mobile to the outrage of some of its customers who have joined in a class action lawsuit to stop the merger. In an attempt to end arbitration claims made by the group of eight customers,...

Clement Pappas and Company Inc., the operator of a canning company based in Seabrook, New Jersey, has agreed to a merger with the Quebec-based firm, Lassonde Industries. Lassonde will possess a majority of the merged companies. Clement Pappas will be run as a...

The business world was buzzing this week over the acquisition of EBay-owned Skype by Microsoft Corp. The acquisition was official as of Tuesday. In the deal, Skype was purchased from investors for $8.5 billion.Skype originated as a start-up in Estonia in 2003. The...

The Federal Communications Commission is close to approving the merger between cable-giant Comcast and NBC Universal. According to a Post Tech blog by Cecilia Kang published by The Washington Post, the chairman of the FCC has put together a draft...

Metro-Goldwyn-Mayer Studios Inc filed for Chapter 11 bankruptcy protection this week. According to Reuters, the studio and its shareholders had been in talks for a possible merger with Lions Gate Entertainment Corp as one possible strategy for reorganizing the...

According to The Associated Press, drugmaker Merck & Co. announced Thursday that it is closing eight manufacturing plants and eight research sites around the world. The Whitehouse Station, New Jersey, company has been strategically restructuring its...

New Jersey's NBA team, the Nets, has a new owner. In a recent business acquisition between developer Bruce Ratner and Russian entrepreneur Mikhail Prokhorov, $200 million bought Prokhorov the title of the Nets' majority owner. Prokhorov, 45, has made most of his money...