Mergers and Acquisitions

Companies say merger facilitate development of 5G.

Stocks that moved substantially or traded heavily on Monday: Andeavor, up $15.94 to $138.32 Marathon Petroleum will buy the refiner and pipeline owner, which used to be called Tesoro, for more than $23 billion.

The U.S. government pleaded its case Monday for blocking AT&T from absorbing Time Warner, saying it would hurt consumers as a big antitrust trial crept toward its end and a decision by a federal judge.

Some weekend and Monday mega deals are boosting the markets.

The preliminary injunction came a day after the companies reopened deal talks on their $6.1-billion merger.

A deal in the oil patch as Marathon buys Andeaver for $152 a share.

Walmart's European unit Asda is merging with Sainbury's creating Britain's largest supermarket group by market share.

Connecticut U.S. Sen. Richard Blumenthal is concerned about the proposed merger between phone companies Sprint and T-Mobile.

The new company will be named T-Mobile, with current CEO John Legere remaining in charge.

U.K. grocery chain Sainsbury's has confirmed it is in advanced discussions about a merger with Walmart Inc.'s British unit, Asda.

The combined entities would form the third-largest mobile carrier service in the U.S.

The independent directors of pay-TV group Sky said they were withdrawing their recommendation of a takeover bid from Rupert Murdoch's Fox.

Comcast offers 15% more than Fox for the pay-tv company Sky.

Sinclair Broadcast Group will sell nine TV stations to Standard Media Group for $441.7 million as part of its plan to meet regulatory approval for its pending $3.9 billion acquisition of Tribune Media.