Ownership changes

August 10, 2018 - 7:16 pm
PHILADELPHIA (AP) — The NL East-leading Philadelphia Phillies have acquired first baseman Justin Bour and cash from the Miami Marlins for a minor league pitcher. Bour is batting .227 with 19 homers and 54 RBIs. He's expected to be a pinch-hitter in Philadelphia, where Carlos Santana is the starting...
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The logo for Rite Aid is displayed above a trading post on the floor of the New York Stock Exchange, Thursday, Aug. 9, 2018. Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote.(AP Photo/Richard Drew)
August 09, 2018 - 5:55 pm
Rite Aid shares plunged Thursday as the company headed into an uncertain future after calling off its merger with the grocer Albertsons. Analysts and retail insiders questioned the drugstore chain's prospects after it ended a planned takeover by Albertsons before Rite Aid shareholders could vote on...
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The logo for Rite Aid is displayed above a trading post on the floor of the New York Stock Exchange, Thursday, Aug. 9, 2018. Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote.(AP Photo/Richard Drew)
August 09, 2018 - 10:56 am
Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote. Shares of the drugstore chain plunged after markets opened Thursday. The owner of Safeway and other grocery brands had announced in February plans to buy...
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FILE - This Oct. 21, 2016 file photo shows a Rite Aid location in Philadelphia. Drugstore chain Rite Aid and grocer Albertsons say they have called off their merger deal. Rite Aid CEO John Standley said in a statement late Wednesday, Aug. 8, 2018, that after hearing the views of shareholders, Rite Aid is "committed to moving forward and executing our strategic plan as a standalone company."(AP Photo/Matt Rourke)
August 09, 2018 - 9:46 am
Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote. Shares of the drugstore chain plunged after markets opened Thursday. The owner of Safeway and other grocery brands had announced in February plans to buy...
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August 09, 2018 - 7:36 am
NEW YORK (AP) — Tribune withdrew Thursday from its $3.9 billion buyout by Sinclair and it's filing a lawsuit against it, citing breach of contract. Tribune Media Co. is on the hook for a $135 million breakup fee, according to the agreement reached last year. Sinclair Broadcast Group Inc. had been...
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August 09, 2018 - 7:33 am
NEW YORK (AP) — Tribune withdrew Thursday from its $3.9 billion buyout by Sinclair and it's filing a lawsuit against it, citing breach of contract. Tribune Media Co. is on the hook for a $135 million breakup fee, according to the agreement reached last year. Sinclair Broadcast Group Inc. had been...
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August 09, 2018 - 6:58 am
NEW YORK (AP) — Tribune is withdrawing from its $3.9 billion buyout by Sinclair and it's filing a lawsuit against it, citing breach of contract. Tribune Media Co. would be on the hook for a $135 million breakup fee, according to the agreement reached last year. Sinclair Broadcast Group Inc. had...
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In this July 8, 2018, photo, clouds are reflected above the company logo on the hood of a 2018 Model 3 sedan on display outside a Tesla showroom in Littleton, Colo. Board members at Tesla are evaluating CEO and Chairman Elon Musk’s $72 billion proposal to take the electric car and solar panel maker private. Six of nine members say in a statement Wednesday, Aug. 8, that Musk began talking with the board about the move last week. (AP Photo/David Zalubowski)
August 08, 2018 - 6:05 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a $72 billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling of the proposed deal. Almost everything about the deal is outlandish...
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FILE - In this file photo dated Friday, March 30, 2018, bottles of Heineken beer are photographed in Washington, USA. Dutch brewing company Heineken said in a statement Friday Aug, 3, 2018, it is buying a 40 percent stake in the company that controls China’s biggest beer maker, China Resources Beer.(AP Photo/J. David Ake, FILE)
August 03, 2018 - 9:02 am
BRUSSELS (AP) — Heineken, the world's second-largest brewer, has struck a deal to expand in China, the world's biggest beer market. Heineken said Friday it is buying a 40 percent stake in the company that controls China's biggest beer maker, China Resources Beer. It will invest $3.1 billion for the...
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FILE - In this Wednesday, March 21, 2018 file photo, the logo of German car manufacturer BMW is pictured at the headquarters in Munich, Germany. German carmaker BMW reports its second quarter earnings on Thursday, Aug. 2, 2018. (AP Photo/Matthias Schrader, file)
August 02, 2018 - 8:40 am
FRANKFURT, Germany (AP) — BMW's profit fell 6 percent in the second quarter as it spent more on developing new technologies for electric, autonomous and digitally connected automobiles, the luxury carmaker said Thursday. Net income came in at 2.08 billion euros ($2.42 billion), down from 2.22...
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