Articles Posted in Merger Highlights

On June 20, the FCC approved without conditions Sprint Nextel Corp.'s (“Sprint Nextel”) acquisition of affiliate Nextel Partners, Inc., which sells Nextel services in 58 mid-sized and rural markets, in a deal worth $6.5 billion. The transaction gives Sprint Nextel the two-thirds stake in Nextel Partners it didn't already own. It is one of seven…

On June 20, the Federal Trade Commission and the Department of Justice's Antitrust Division announced that they are implementing an electronic filing system that allows merging parties to submit via the Internet premerger notification filings required by the Hart-Scott-Rodino Act. Electronic filings may be submitted quickly and easily, eliminating the time and expense entailed in…

On June 19, the FCC approved Intelsat Ltd. (“Intelsat”) and PanAmSat Holding Corp.'s (“PanAmSat”) $6.4 billion cash-and-debt deal, concluding the transaction is unlikely to have an adverse effect on Fixed Satellite Services (“FSS”) price, quantity or transponder availability for customers from broadcasters to the U.S. government. The FCC's five commissioners approved the deal unanimously. According…

On June 14, McClatchy Co. announced that the Department of Justice is extending its review of the company's sale of two California newspapers to MediaNews Group Inc. The two properties, the San Jose Mercury News and the Contra Costa Times, are part of a $1 billion three-way swap of four papers that also involves Hearst…

On June 14, the DOJ cleared Xstrata plc's $14.64 billion offer for Falconbridge Ltd without issuing a second request.

On June 8, the DOJ granted antitrust approval to the $13.4 billion merger between French telecommunications equipment maker, Alcatel SA and U.S. based Lucent Technologies Inc. The deal is expected to close later this year.

On June 2, Euronext and the New York Stock Exchange announced a merger that would create the world's largest stock exchange, and the first cross-Atlantic bourse. At the same time, Deutche B

On June 2, the European Commission approved a

On May 30, the DOJ approved Avocent Corp.'s $416 million acquisition of Landesk Software Inc. The deal was announced in April. Avocent is a supplier of network equipment technology and Landesk makes software to secure and manage information technology.

On May 26, Intelsat Ltd. announced that it received clearance from the Department of Justice for its $6.4 billion cash-and-debt deal to buy rival PanAmSat Holdings Corp. Under the terms, Intelsat would pay $25 in cash for each share of PanAmSat and assume about $3.2 billion in debt. The Bermuda-based satellite communications company said last…