Mergers
Two Deals Worth $125.3 Million Shake Up Science Industry
Over the past few days, the Philadelphia region saw two large deals in the science industry — with $125.3 million changing hands. Philadelphia has been a […]
BizFeed: Whole Foods Battling Organic Farmers
Whole Foods in Organic Food Fight The News: The farmers that supply Whole Foods have some serious issues with the supermarket chain’s new produce rating system. It […]
Pep Boys Stock Soars Nearly 10 Percent
Pep Boys: Manny, Moe & Jack (NYSE: PBY) saw its stock soar nearly 10 percent after releasing a solid earnings report. The Philadelphia-based automotive repair company […]
Campbell Soup Makes $231M Fresh Food Bet
Campbell Soup Co. is making another acquisition to continue moving the company toward a fresher, healthier product line. On Tuesday, it agreed to acquire Garden […]
Comcast to Buy Vox Media?
Comcast is reportedly in talks to purchase Vox Media (owners of SB Nation, Eater and The Verge). It would make Comcast a major player in […]
BizFeed: Techie’s Turn to Protein Powder So They Can Work Through Meals
1. Techie’s Turn to Protein Drinks so They Can Work More The News: In Silicon Valley, protein powder is in serious demand. No, the nerds aren’t […]
BizFeed: Why Comcast Loves J.P. Morgan; Verizon to Buy AOL
Welcome to BizFeed, the morning news memo from BizPhilly. Here, we’ll provide important news items to help you start your day. Let’s get to it.
Main Line Company Makes $200M Acquisition
Electronic equipment and device manufacturer Ametek has acquired Global Tubes for a cool $200 million. Berwyn, Pa.-based Ametek will be adding to a profile that already […]
Jefferson, Abington Complete Mega-Merger
The merger between Jefferson and Abington Health is a done deal, creating a local health care behemoth with 19,000 employees, 3,370 physicians, 2,482 nurses and […]
Hostile Takeover Bid to Create World’s Largest Generic Drug Manufacturer Gets Even More Heated
Teva Pharmacuticals remains in hot pursuit of rival Mylan — and the takeover bid is turning ever more hostile. After Mylan rejected Teva’s unsolicited $40 billion […]
Analysis: What if Comcast Has Peaked?
Here’s an important question for Philadelphia’s future: Has Comcast peaked? Has its trajectory of ever-more success, ever-bigger profits, and ever-far-reaching power hit a plateau? Has […]
Report: Comcast to Walk Away From Time Warner Cable Merger
[Update 4:20 p.m.] CNBC is now reporting that a source has told them that Comcast is planning to drop its plan to merge with Time Warner […]
Report: FCC to Throw Big Wrench Into Comcast-Time Warner Cable Merger
Federal Communications Commission staff members have recommended a procedural move that could seriously hurt the chances of Comcast’s $45.2 billion merger with Time Warner Cable, […]
Israeli Company With Montco HQ in $40B Bid to Become Largest Generic Drug Maker
Teva Pharmaceuticals has offered to acquire Mylan N.V. for $82 per share — or approximately $40 billion. Teva is an Israeli company that employs 2,000 […]
10 Reasons Comcast Says It Deserves Merger Approval
It’s serious for Comcast now. On Tuesday night, the company filed a 324-page report with the Federal Communications Commission, responding to critics — often in […]