WAPA TV becomes part of $400M conglomerate
January 24, 2013
InterMedia Partners VII, L.P. and Azteca Acquisition Corp. announced Thursday the signing of a definitive agreement under which InterMedia will merge Cine Latino, Inc. and InterMedia Español Holdings, LLC — which includes WAPA America and WAPA TV — with Azteca Acquisition Corporation in a transaction valued at approximately $400 million.
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Oriental maps out integration with BBVA Puerto Rico
January 10, 2013
Oriental Financial Group Inc. announced Wednesday plans for the integration of Banco Bilbao Vizcaya Argentaria Puerto Rico, which Oriental acquired in late December, and the combined companies’ branding and business strategy.
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Eaton closes acquisition of Cooper Industries
December 5, 2012
Diversified industrial manufacturer Eaton Corporation plc and electrical equipment supplier Cooper Industries plc announced Tuesday that Eaton has completed its acquisition of Cooper.
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Banking regulators OK Oriental’s BBVA Puerto Rico buyout
December 3, 2012
Oriental Financial Group Inc. announced today it has received all regulatory approvals necessary to close its previously announced $500 million acquisition of Banco Bilbao Vizcaya Argentaria, S.A.’s Puerto Rico operations.
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OneLink/Liberty merger getting TRB approval next week
October 5, 2012
The Puerto Rico Telecommunications Regulatory Board will sign off on a resolution and order next week approving the proposed $585 million deal through which Liberty Cable would acquire the assets of San Juan’s cable provider, OneLink Communications, News is my Business confirmed.
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TMobile, MetroPCS merger may prove positive for Puerto Rico
October 4, 2012
The merger between Deutsche Telekom, T-Mobile USA’s parent, and MetroPCS Communications Inc. may prove good for Puerto Rico consumers.
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Botched AT&T/T-Mobile deal leaves same issues on table
December 20, 2011
AT&T’s decision to walk away from its intention of buying rival T-Mobile puts an end to concerns expressed locally that consummating the $39 billion transaction would create a monopoly on the island.
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Dish Network interested in partnering with T-Mobile, if AT&T deal falls through
December 13, 2011
As AT&T’s proposed acquisition of rival T-Mobile USA virtually unraveled Monday after a federal judge granted a request to delay the U.S. Department of Justice’s antitrust case, an unlikely third party announced its interest in partnering with the latter carrier if the deal ultimately falls through, Bloomberg reported.
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P.R. DOJ joins fight against AT&T/T-Mobile merger
September 30, 2011
Saying that the proposed merger between AT&T and T-Mobile would “hinder wireless market competition,” the Puerto Rico Justice Department joined its federal counterpart lawsuit to block the transaction, an action News is my Business anticipated earlier this month.
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7 states join fight against ATT/T-Mobile merger, P.R. stance unclear
September 19, 2011
The movement against the proposed merger between AT&T and T-Mobile USA gained greater momentum late last week, when seven state attorney generals, including New York’s, joined the U.S. Justice Department’s lawsuit to block the deal.
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AT&T rebuffs DOJ filing to block merger
August 31, 2011
No sooner had the U.S. Department of Justice filed a lawsuit in a Washington D.C. court to block the proposed $39 billion takeover by AT&T of T-Mobile’s operations, when AT&T shot off a letter expressing its “disappointment” in the government’s action.
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AT&T mulls divesting $8B in properties, T-Mobile P.R. could fetch $300M-$500M if sold
August 16, 2011
It has been nearly a month since the Federal Communications Commission stopped the clock on its 180-day timeline to approve the proposed $39 billion AT&T acquisition of rival T-Mobile.
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National P.R. Coalition asks FCC to approve ATT/T-Mobile merger
May 28, 2011
Washington, D.C.-based National Puerto Rican Coalition threw it support behind the proposed merger between AT&T and T-Mobile, asking the Federal Communications Commission in a letter Friday to approve the deal as it believes it will help to better meet the wireless needs of the Puerto Rican population on and off the island.
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