Mergers Archives - Page 2 of 4 - Philadelphia Magazine

Mergers

Business

Why Jefferson is in Merger Mania

Dr. Stephen Klasko knows that in today’s ever-changing health care landscape, bigger is better. Bigger means easier negotiations with insurance companies. Bigger means more capital to invest […]

Jefferson University sign
Business

Jefferson, Kennedy Health to Merge

Jefferson has announced yet another merger deal. On Friday, Jefferson announced the signing of a letter of intent to merge with Kennedy Health, a South Jersey-based health system. Kennedy […]

Business

One Philly-Area Tech Company Buys Another

Two local tech companies are joining forces, as Philly-based Anexinet announced that it has acquired ListenLogic. Anexinet delivers digital and technology solutions to help clients determine […]

Business

8 Tips to Survive Merger Mania

Recently, the merger-and-acquisition market has been exceptionally active, especially in the Greater Philadelphia area. Dow and DuPont are negotiating a merger of the two chemical […]

Business

Crozer-Keystone Health System to be Sold

Crozer-Keystone Health System — which runs five hospitals in the Philadelphia region and has 6,000 employees — has been sold to Los Angeles-based hospital operator […]

Business

Aqua America Makes $16.8 Million Acquisition

Aqua America has made another acquisition to expand its ever-growing customer base. The Bryn Mawr, Pa.-based publicly traded water utility acquired Superior Water Company Inc. in southeastern Pennsylvania […]

Jefferson University sign
Business

10 Biggest Business Deals of 2015

Philadelphia businesses made plenty of big moves in 2015. Everybody’s favorite coffee roaster got a new owner, two big universities announced a merger, and virtually every hospital […]

Business

Comcast Denies Reports of $16 Billion Merger With ITV

Ever since its proposed merger with Time Warner Cable fell through earlier this year, industry watchers have been paying close attention to Comcast — speculating […]

Business

Pep Boys Bidding War Heats Up as Icahn Raises Stakes to $919 Million

The bidding war for Pep Boys – Manny, Moe & Jack shows no signs of cooling off. Billionaire Carl Icahn raised his bid for the Philly-based […]

Business

Nutrisystem Buys South Beach Diet for $15 Million

Nutrisystem has bought South Beach Diet from SBD Holdings Group Corp. for $15 million. Fort Washington, Pa.-based Nutrisystem plans to re-launch the South Beach Diet brand as […]

Business

Why We Merged: Jefferson, Philly U. Presidents Explain Their Shocking Move

The merger agreement between Philadelphia University and Thomas Jefferson University was nothing short of a shocker. A medical and nursing school in Center City merging with a design, […]

Business

Philly Law Firm Announces Huge Merger Deal

The law firm Fox Rothschild just announced a plan that will swell the firm to 700 attorneys and give it a strong foothold in the Midwest. It’s […]

Business

Bridgestone Takes Lead in Bidding War for Pep Boys

Now it’s Carl Icahn’s move — again. Days after Icahn made a $15.50-a-share offer to acquire Pep Boys, the Philly-based auto parts chain, Bridgestone Americas […]

Business

DuPont, Dow Chemical Announce $130 Billion Mega-Merger

Dow and DuPont have announced a $130 billion merger, combining two of the world’s largest science and technology companies. Dow and DuPont shareholders will each […]

Business

Done Deal: Allied Barton Acquired for $1.68 Billion

AlliedBarton has officially been acquired. The $2.18 billion company is one of the nation’s largest providers of security guards, and has been purchased by French investment firm Wendel for $1.68 […]