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Federal judge blocks $6B Nexstar-Tegna TV merger
A federal judge blocked the $6 billion merger of Nexstar, the largest owner of TV stations in the United States, with its rival Tegna.
Netflix co-founder Hastings exits as streaming pioneer hunts for growth
Netflix Chairman Reed Hastings is quitting the streaming service he co-founded 29 years ago as the company searches for new avenues of growth.
Baltimore Banner’s nonprofit publisher buys Pittsburgh Post-Gazette
The Pittsburgh Post-Gazette, which had been set to close, was sold to the nonprofit Baltimore Banner publisher, which promises to keep the 240-year-old paper running.
Aprio acquires MD-based government contracting firm
Aprio, a global advisory and accounting firm, announced it acquired CAVU Advisors, a government contracting firm based in Columbia.
MD-based McCormick bets on flavor in $65B Unilever tie-up amid shifting tastes
McCormick bets on flavor as merges with Unilever's food business, targeting global markets amid shifting consumer tastes.
MD-based McCormick, Unilever agree to deal to create $65B food giant
Unilever will merge its food business with McCormick in a $65 billion deal using a Reverse Morris Trust structure, creating a major global food company.
In potential McCormick food deal, Unilever shareholders to get majority stake, sources say
A proposed combination of Unilever's food business with Maryland-based spice maker McCormick would offer Unilever shareholders a majority stake in the new entity and tax benefits.
MD-based McCormick makes unsolicited offer to buy Unilever food business
Unilever is in talks to sell its foods business to its smaller Maryland-based rival McCormick & Company, which made an unsolicited offer.
FCC approves $3.5B sale of Tegna to Nexstar despite state objections
The Federal Communications Commission said it approved the $3.54 billion sale of local television station owner Tegna to Nexstar, despite objections from Democratic-led states.
Netflix, Paramount shares jump as months-long fight for Warner Bros ends
Netflix exited the fight for Warner Bros Discovery, as Paramount won the race for some of the world's most prized TV and film assets.
Citizens Financial Group acquires investment bank with MD office
Citizens Financial Group Inc. struck an agreement to acquire Matrix Capital Markets Group Inc., an investment bank with a Baltimore office.
Carlyle allays software fears, private-equity deals boost profit
Asset manager Carlyle Group, co-founded by Orioles owner David Rubenstein, slightly beat Wall Street estimates for fourth-quarter profit.
