The trend of consolidation continues. Just one week after Kroger announced it would buy Harris Teeter, there’s another big deal in the grocery industry. Canada’s number one grocer, the Loblaw Companies, announced it would buy the top pharmacy chain, Shoppers Drug Mart, for $11.9 billion in cash and stock. It’s likely this acquisition is a direct …
NY Times – DealB%k
- US Proposes Forcing Google to Sell Chrome to Fix Search Monopoly November 21, 2024In a landmark antitrust case, the government asked a judge to force the company to sell its popular Chrome browser.
- Sign Up for DealBook November 21, 2024Make sense of the latest business and policy headlines with our daily newsletter.
- Dissecting the DOGE Playbook November 21, 2024Elon Musk and Vivek Ramaswamy have unveiled their first plans to trim government spending, a blueprint that mirrors how the tech mogul cut costs at Twitter.