Ownership changes

April 13, 2020 - 3:06 pm
FRANKFURT, Germany (AP) — The parent company of Polish airline LOT is pulling out of its takeover bid of for German vacation carrier Condor, a subsidiary of collapsed tour operator Thomas Cook, Condor said Monday. The collapse of the deal leaves Condor, which has been profitable, and its 4,900...
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FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. Mobile carrier T-Mobile has completed its takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The deal was announced two years ago and has taken a long time to close because of pushback from state and federal regulators.(AP Photo/Bebeto Matthews, File)
April 01, 2020 - 2:52 pm
NEW YORK (AP) — Mobile carrier T-Mobile has completed the takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The companies announced the deal, valued at $31.6 billion based on T-Mobile's closing stock price Tuesday, two years ago. It has taken...
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FILE - In this Aug. 27, 2018 file photo, Russian President Vladimir Putin, left, listens to Russian Rosneft CEO Igor Sechin during his flight to visit Chernigovets coal mine, in Beryozovsky, Kemerovo region, Russia. On Tuesday, Feb. 18, 2020, the Treasury Department slapped sanctions on Rosneft’s trading arm and its CEO, accusing the Geneva-based firm of providing a critical lifeline to Venezuela’s President Nicolas Maduro. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP, File)
March 28, 2020 - 7:55 pm
MOSCOW (AP) — Russia's Rosneft has transferred its assets in Venezuela to a company fully owned by Vladimir Putin's government, a move apparently intended to shield Russia's largest oil producer from U.S. sanctions while Moscow continues showing support for Venezuelan President Nicolás Maduro in...
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Scott Mitchell fills a box with toilet paper at the Tissue Plus factory, Wednesday, March 18, 2020, in Bangor, Maine. The new company has been unexpectedly busy because of the shortage of toilet paper brought on by hoarders concerned about the coronavirus. (AP Photo/Robert F. Bukaty)
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March 23, 2020 - 8:20 am
PORTLAND, Maine (AP) — There's no denying Tissue Plus is on a roll. As luck would have it, the company launched production of toilet paper a couple of weeks ago — just as the reality of the coronavirus outbreak was starting to hit the U.S. Consumers began stocking up on the basic necessity in the...
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March 23, 2020 - 4:42 am
BANKGOK (AP) — The Japanese technology and telecoms company SoftBank said Monday it plans to buy back up to 4.5 trillion yen ($41 billion) of its assets as it seeks to trim its gigantic debt burden. The company's founder, Masayoshi Son, said the move reflected “the firm and unwavering confidence we...
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March 16, 2020 - 11:06 am
BERLIN (AP) — A German company working on a potential vaccine for the new coronavirus denied reports Monday that the U.S. government was angling to acquire it, while German officials sought to ease tensions fueled by the story by insisting the firm would stay in the country. On Sunday, Germany's...
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This photo shows signage a T-Mobile store in New York, Monday, April 30, 2018. On Wednesday, March 11, 2020, California’s Attorney General Xavier Becerra said that the state will not appeal a judge’s decision approving the merger of T-Mobile and Sprint. (AP Photo/Bebeto Matthews)
March 11, 2020 - 5:54 pm
NEW YORK (AP) — California’s attorney general said Wednesday that the state will not appeal a judge’s decision approving T-Mobile's $26.5 billion purchase of Sprint, bringing the companies closer to creating a new wireless giant on par with AT&T and Verizon in size. Attorney General Xavier...
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This photo shows signage a T-Mobile store in New York, Monday, April 30, 2018. On Wednesday, March 11, 2020, California’s Attorney General Xavier Becerra said that the state will not appeal a judge’s decision approving the merger of T-Mobile and Sprint. (AP Photo/Bebeto Matthews)
March 11, 2020 - 11:25 am
NEW YORK (AP) — California’s attorney general said Wednesday that the state will not appeal a judge’s decision approving T-Mobile's $26.5 billion purchase of Sprint. Attorney General Xavier Becerra and New York Attorney General Letitia James led a coalition of 14 state attorneys general who sued to...
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March 11, 2020 - 11:23 am
NEW YORK (AP) — California’s attorney general said Wednesday that the state will not appeal a judge’s decision approving T-Mobile's $26.5 billion purchase of Sprint. Attorney General Xavier Becerra and New York Attorney General Letitia James led a coalition of 14 state attorneys general who sued to...
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March 04, 2020 - 1:09 pm
NEW YORK (AP) — ViacomCBS, fresh off a merger, is looking to sell its Simon & Schuster book publishing business as it tries to raise cash to pay down debt and please shareholders with dividends and stock buybacks. Simon & Schuster is a major publishing house, releasing nearly 2,000 books a...
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