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Justice Department sues to halt sugar merger
The Justice Department filed a lawsuit seeking to block a major U.S. sugar manufacturer from acquiring its rival.
Amazon to buy MGM, studio behind James Bond and ‘Shark Tank’
Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, “Legally Blonde" and “Shark Tank," with the hopes of filling out its video streaming service.
Condor’s shareholders approve sale to Canadian firm
Shareholders for a Maryland real estate investment trust focused on premium and extended-stay hotels have approved the company's proposed acquisition by a Canadian REIT.
BB&T, SunTrust merger would create Maryland’s second-largest bank
A merger between BB&T and SunTrust banks is likely to create the second-largest bank in Maryland; the two combine for more than $20 billion in deposits in the state. The two southern regional banks BB&T and SunTrust are combining in an all-stock deal to create a new bank valued at about $66 billion, the banks […]
Tribune calls off $3.9B buyout by Sinclair
Tribune is withdrawing from its $3.9 billion buyout by Sinclair and it's filing a lawsuit against it, citing breach of contract.
FCC chairman has ‘serious concerns’ about Sinclair-Tribune merger
Sinclair Broadcasting's proposed $3.9 billion acquisition of Tribune Media has raised "serious concerns" at the Federal Communications Commission about the amount of control the combined company would have over the U.S. television market, said Ajit Pai, the agency's chairman.
Md. pharmacy benefit advisory firms to merge
Two Maryland pharmacy benefit advisory firms will merge and rebrand, they announced Wednesday. Towson-based Heritage Rx and Sandy Spring’s Horizon Health Ventures will merge and rebrand themselves as Confidio. Together, the two companies said they can better advice organizations on managing pharmacy benefits. Horizon had focused solely on the benefit adviser market while Heritage had expertise [...]
Judges skeptical of FCC in case related to Sinclair’s deal
The Federal Communications Commission faced skeptical questioning from judges about a rule change that made way for Sinclair Broadcast Group's proposed acquisition of Tribune Media Co., raising the possibility of turmoil for the $3.9 billion deal.
Saul Ewing merges with Arnstein & Lehr
Saul Ewing LLP is increasing its presence along the east coast as the law firm finalized its merger with Arnstein & Lehr LLP, giving two regional firms a national presence, the firms announced Tuesday. The merger took effect on Sept. 1. The firm is now known as Saul Ewing Arnstein & Lehr and has more […]
Ballard Spahr merging with Lindquist & Vennum in 2018
Philadelphia-based Ballard Spahr LLP and Lindquist & Vennum have agreed to merge Jan. 1, 2018, the two firms announced Tuesday. The new firm will keep the name Ballard Spahr and will have more than 650 lawyers in 15 offices nationwide. Ballard Spahr has 44 attorneys in its Baltimore office and is the 19th largest firm […]
Womble Carlyle merging with UK firm
Womble Carlyle, which has an office in Baltimore, is expanding its presence across the pond by joining forces with Bond Dickinson LLP, a firm with offices across the United Kingdom. Together, the new firm will be called Womble Bond Dickinson, effective in October. “It’s a terrific opportunity for us,” Betty Temple, chairwoman and CEO of […]
Baltimore’s boutique commercial brokers take mega-mergers in stride
The mergers and acquisitions by top commercial real estate firms continue, but regional and boutique operations aren’t fazed by what seems like a drumbeat of consolidation by the top-tier firms. In fact, some smaller operators see an opportunity to present themselves to customers in the Baltimore region as the local experts, and they also look […]
