Merger | St. Louis Public Radio


Scottrade was founded in Arizona in 1980 and moved to St. Louis roughly one year later.
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Updated Oct. 24 at 4:20 p.m. with reaction

Another major St. Louis-based company is being sold. Scottrade has announced a $4 billion deal to be acquired by TD Ameritrade. The financial services company has been based in St. Louis since 1981.

Monsanto pulls bid for Syngenta

Aug 26, 2015

The St. Louis-based seed giant announced Wednesday its offer to buy Swiss pesticide producer Syngenta is off the table.

While Monsanto continued to argue the merger would have "created value" for shareholders of both companies, it said in a statement the most recent offer did not meet Syngenta’s financial expectations.

This article first appeared in the St. Louis Beacon: Dear Beaconites --

After more than a year of planning together, St. Louis Public Radio and the St. Louis Beacon are in the final stages of moving toward a merger. Approval could come as soon as November. That's when the University of Missouri Board of Curators, the governing body for the radio station, expects to take up the matter.

(Photo courtesy of Pinnacle Entertainment)

Pinnacle Entertainment and the U.S. Federal Trade Commission have reached a deal that could allow the gaming company to complete its planned merger with Ameristar Casinos.

(via Flickr/ Jirka Matousek)

Beer giant Anheuser Busch has reached a deal with the Justice Department that will allow the company to purchase Mexican brewer Grupo Modelo.

AB InBev announced last June its plans to purchase the half of Grupo Modelo it did not already own for $20 billion. The federal government filed suit in January, saying the deal would drive up beer prices.

Casinos in the region employ thousands and pay millions in taxes every year.
Ian Murphy | Flickr

Two gaming companies with properties in the St. Louis area are about to become one.

Pinnacle Entertainment, which owns the Lumiere and River City casinos, announced Friday morning that it’s purchasing Ameristar Casinos. Ameristar has eight properties across the United States, including in St. Charles and Kansas City.

The deal is worth about $3 billion, and has the approval of the boards of directors of both companies. It means that Pinnacle will own three of the six casinos in the bi-state region.

UPI | Bill Greenblatt

Supporters of a closer relationship between St. Louis city and county can take heart from a new survey.

The Missouri Council for a Better Economy, a group linked to libertarian billionaire Rex Sinquefield, conducted the survey of 700 voters at the beginning of September. It found that a strong majority of those polled thought some form of unification was worth exploring.

(Rachel Lippmann/St. Louis Public Radio)

Updated at 4:26 p.m. to correct name of Jennifer Mallon's association. It is the National Community Pharmacists Association, not the National Association of Community Pharmacies.

Federal regulators have approved the $29.1 billion merger between pharmacy benefit managers Express Scripts and Medco.

(Rachel Lippmann/St. Louis Public Radio)

Two of the nation's largest pharmacy benefits management companies could become one in the first six months of next year.

This article first appeared in the St. Louis Beacon: October 22, 2008 - Wachovia said Wednesday that it lost nearly $24 billion during the third quarter, producing results well below Wall Street's already lowered expectations.

This article first appeared in the St. Louis Beacon: October 10, 2008 - Four weeks ago, analyst Jack Russo told clients to sell their shares of Anheuser-Busch, which were then trading at $66.05. He looked like a genius; the stock remains below Russo's cut-off point.

This article first appeared in the St. Louis Beacon: August 22, 2008 - The deal hasn't been signed yet, but already beer industry experts are predicting that InBev's takeover of Anheuser-Busch will provoke more mergers and acquisitions in a rapidly consolidating industry.

"The targets are obvious," says Benj Steinman, editor of Beer Marketer's Insights, of Nyack, N.Y., which conducts research and publishes reports about the industry. "It's a question of whether they can do it."

This post first appeared in the St. Louis Beacon: July 27, 2008 - In "The Accidental Theorist," Paul Krugman describes a fictional economy that produces two items: hot dogs and buns. The Princeton economist and New York Times columnist uses the playful idea as an analogy to dispel the belief that productivity growth in the world economy reduces overall employment and creates an excess supply of products that cannot be consumed.

Clydesdale gets washed down at brewery
Tom Nagel | St. Louis Beacon archives

This article first appeared in the St. Louis Beacon: July 16, 2008- Seeking to provide a smooth transition, InBev will offer retention bonuses to approximately 360 “key employees” of Anheuser-Busch as the Belgian company acquires the St. Louis company.

The employees’ titles weren’t identified in a document filed by both companies Wednesday with the Securities and Exchange Commission. Retention bonuses for top executives are common in mergers and acquisitions.

Analysis: Winners and losers in the big beer deal

Jul 14, 2008

This article first appeared in the St. Louis Beacon: July 14, 2008 - Now that Anheuser-Busch and InBev say they are friends, let’s look at potential winners and losers - both short-term and long-term - based on the Belgian brewer’s new offer for Anheuser-Busch at $70-a-share in cash.

This article first appeared in the St. Louis Beacon, July 13, 2008 - InBev raised its offer and Anheuser-Busch raised a flag of truce, agreeing to a $70-a-share buyout. 

Shortly after 11 p.m., Anheuser-Busch announced it had agreed to terms with InBev.

Hostile InBev takeover could play out in the mail

Jul 10, 2008
anheuser busch eagle.  300 pixels. 2008
Tom Nagel | St. Louis Beacon archive

This article first appeared in the St. Louis Beacon: July 10, 2008 - The next big winner in the battle between Anheuser-Busch and InBev could be the Postal Service. Phone companies and express-mail companies could do nicely, too.

It all depends on how long the companies continue to call each other's increasingly expensive bluffs based on Anheuser-Busch's recent rejection of the Belgian brewer's $65-a-share takeover offer, which InBev still touts as friendly.

This article first appeared in the St. Louis Beacon: July 1, 2008 - Belgian brewing giant InBev has moved a step closer to making a hostile offer for Anheuser-Busch, complaining that the St. Louis company's new plan for improving earnings and stock price has "significant execution risks."

Meanwhile, some analysts think that if InBev raises its offer too much, it will create financial problems for the combined company.

This article first appeared in the St. Louis Beacon: June 18, 2008 - The possible takeover of Anheuser Busch by the Belgian brewer InBev has sparked the predictable political outcry.

Claire McCaskill, the junior yet up-and-coming Democratic senator from Missouri, announced that she would block the takeover. Supporting the deal wouldn’t be “patriotic.” 

InBev has reputation of 'machete-wielding' company

Jun 13, 2008

This article first appeared in the St. Louis Beacon: June 13, 2008 - Just about anything you might want to know about InBev, the suitor for Anheuser-Busch, can be found in its name -- a stripped-down, technocratic-sounding word that reflects a strategy for merging breweries and cutting costs.

This article first appeared in the St. Louis Beacon: June 16, 2008 - The merger business has gotten so complex that it may be tougher to buy half a company than to sell a whole company.

That's the dilemma facing Anheuser-Busch as it contemplates a $65-a-share takeover bid from Belgian beer giant InBev.

A-B has limited defenses against InBev bid

Jun 12, 2008
view of A-B across I-55. 300 pals. 2008
Donna Korando | St. Louis Beacon Archives

This article first appeared in the St. Louis Beacon: June 12, 2008 - At $65 a share in cash, the unsolicited offer from Belgian beer giant InBev for Anheuser-Busch is one that shareholders will have trouble refusing and that management will have trouble repelling.

Dominance in U.S. market makes A-B a take-over target

Jun 9, 2008

This article first appeared in the St. Louis Beacon: June 9, 2008 - (Originally posted June 6, updated June 11.) 

Why has Anheuser-Busch gone from the largest brewer in the United States to the largest brewery takeover-target in the world?

This article first appeared in the St. Louis Beacon: This Bud's for who?

Shares of Anheuser-Busch jumped Friday after a Financial Times blog said the Belgian beverage behemoth, InBev, was considering making an offer worth $46 billion for the St. Louis beer baron.

This article first appeared in the St. Louis Beacon: There's more than a little irony that Wachovia Corp. announced its bid for A.G. Edwards around Memorial Day last year.

The acquisition marked the passing of another St. Louis headquarters and signaled the inevitable loss of jobs when two companies mate in the name of synergy.