Tag: Mergers And Acquisitions
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US sues to block merger of grocery giants Kroger and Albertsons
The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. The FTC filed a lawsuit in U.S. District Court in Oregon on Monday. It was joined in the suit by the attorneys…
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Dish-EchoStar merger finalized
Englewood-based EchoStar Corp. completed a merger with Dish Network Corp. Sunday. Dish Network comes out of the deal as a wholly owned subsidiary of EchoStar (NASDAQ: SATS). Each share of Dish Class A and Class C Common Stocks are now converted to .350877 shares of EchoStar Class A Common Stock, according to a news release. …
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Canvas Credit Union completes merger, expands to Colorado’s Western Slope
Facebook Twitter WhatsApp SMS Email Print Copy article link Save A seven-month dance finally led to courtship as Canvas Credit Union merged with Western Rockies Federal Credit Union to grow to 33 branches and expand to the Western Slope for the first time in its 84-year history. Colorado and National Credit Union Administration regulators approved…
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Merger creates new Colorado oil and gas company
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Two Colorado oil and gas companies Monday announced a merger that will create one of the biggest players in the state’s Denver-Julesberg (DJ) Basin. Bonanza Creek Energy Inc. (NYSE: BCEI) and Extraction Oil & Gas Inc. (NASDAQ: XOG) will create new company Civitas Resources Inc.…