Maryland Daily Record Maryland's trusted source for business and legal news
The Justice Department filed a lawsuit seeking to block a major U.S. sugar manufacturer from acquiring its rival.
Tagged with: Justice Department merger
Read More »Justice Department sues to halt sugar merger
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.
Tagged with: acquisition amazon merger movies
Read More »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.
Tagged with: bethesda Condor Hospitality Trust Inc. merger REIT
Read More »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 ...
Tagged with: BB&T Bank merger SunTrust Bank
Read More »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.
Tagged with: merger sinclair broadcast group tribune
Read More »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.
Tagged with: federal communications commission merger sinclair broadcast group inc tribune media
Read More »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 ...
Tagged with: Confidio Heritage Rx Horizon Health Ventures merger pharmacy benefit advisory
Read More »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.
Tagged with: appeal merger sinclair broadcast group inc tribune media co.
Read More »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. ...
Tagged with: merger Saul Ewing Saul Ewing Arnstein & Lehr
Read 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. ...
Tagged with: Ballard Spahr merger
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