Owner of Denver’s Fox31 buying 9News parent company Tegna in deal worth $6.2 billion
The transaction, if approved, will bring together two major players in U.S. television and the country’s local news landscape.
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DirecTV calls off acquisition of Colorado-based rival Dish, possibly ending years-long pursuit
DirecTV was looking to acquire Dish TV and Sling TV from its owner, Englewood-based EchoStar, in a debt exchange transaction that included a payment of $1, plus the assumption of...
DirecTV buys Colorado-based Dish as satellite rivals hunker down against onslaught of streaming services
The prospect of a DirecTV-Dish combo has long been rumored, with headlines about reported talks popping up over the years.
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.
Red Lobster seeks bankruptcy protection days after closing dozens of restaurants
Red Lobster, the casual dining chain that won fans with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection.
Target to lower prices on thousands of basic items as inflation sends customers scrounging for deals
Target is cutting prices on thousands of consumer basics this summer, goods ranging from diapers to milk, with more Americans paying closer attention to their spending as inflation cuts into...
WWE kicks, punches, slams marketing efforts into high gear ahead of WrestleMania, its big event
This year’s WrestleMania is just days away, but the WWE’s marketing campaign for its biggest premium live event of the year was kicked into overdrive months ago.
Dollar Tree to close nearly 1,000 stores, posts surprise fourth quarter loss
Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a decade...
Wendy’s looking to test surge pricing at restaurants as early as next year
Wendy’s is looking to test having the prices of its menu items fluctuate throughout the day based on demand, implementing a strategy that has already taken hold with ride-sharing companies...
WWE’s “Raw” is moving to Netflix next year in a major streaming deal worth more than $5 billion
WWE’s weekly television show “Raw” will move to Netflix next year as part of a major streaming deal worth more than $5 billion.