U.S. Foods Holding Corp, already among the largest food service distributors in the country, announced today that it is buying five businesses from Service Group of America. It’s a $1.8 billion cash deal that adds up to $3.2 billion in annual sales and 3,400 employees in a push West across the U.S. But what does that mean for your […]
Practically before the ink was dry on its merger with Time Warner, AT&T announced a new streaming service called WatchTV. At $15 a month, it’s a lower-cost alternative to AT&T’s other streaming service, DirecTV Now. WatchTV is a pared-down bundle of channels that you typically see on cable TV, including Time Warner’s CNN and Cartoon […]
Yesterday … a judge cleared AT&T’s $85 billion acquisition of Time Warner. Today… Comcast bid $65 billion in cash for 21st Century Fox assets, which Disney is already trying to buy. Coincidence? I think not. The AT&T decision was closely watched for the implications it could have on other deals. So, more to come? Click […]
Keurig Green Mountain, the single-serve coffee pod maker, announced today that it will be merging with Dr Pepper Snapple Group in a deal worth an estimated $20 billion. Merging the hot and cold beverage brands will give a big boost to Keurig’s distribution network here in the U.S. Click the audio player above to hear […]
