Mergers and Acquisitions

The Department of Justice is expected to "green light" the T-Mobile-Sprint merger, T-Mobile's regulatory counsel said Monday.

The chairman of the Federal Communications Commission says he plans to recommend the agency approve the $26.5 billion merger of wireless carriers T-Mobile and Sprint, saying it'll speed up 5G deployment in the U.S. FCC Chairman Ajit Pai also said Monday that the combination will help bring faster mobile broadband to rural Americans.

Shares of Sprint rocketed higher in premarket action.

Sprint's $26 billion proposal to buy T-Mobile appears to have reached a critical stage.

The steps under consideration include a sale of their prepaid wireless businesses.

The fate of a shuttered General Motors plant in Ohio remains very much up in the air even after a tweet from President Donald Trump heralded the potential sale of a factory he has shown an intense interest in saving.

Delaware-based craft beer company Dogfish Head Brewery is being acquired by the Boston-based brewer of Sam Adams beer in a $300 million cash and stock deal.

Harry's, the upstart shaving company, is being acquired by the owner of Schick razors for $1.37 billion.

The deal has also drawn scrutiny from 2020 presidential candidate Sen. Elizabeth Warren, D-Mass.

The decision paves the way for Occidental Petroleum to acquire the oil and gas driller.

Japanese automaker Toyota and electronics maker Panasonic are forming a joint venture combining their housing businesses in Japan.

General Motors plans to sell its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks.

Marathon Petroleum Corp. is merging two of its oil and gas pipeline, transportation and storage operations for $9 billion.

The New York Times is reporting that Donald Trump's businesses lost more than $1 billion from 1985 to 1994, based on tax information the newspaper acquired.