Pinnacle-Ameristar Merger
9:52 am
Mon June 17, 2013

Lumiere Casino To Be Sold Under Tentative Anti-Trust Deal Between Pinnacle, Federal Government

(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.

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AB InBev
5:24 pm
Fri April 5, 2013

AB-InBev, Federal Government Reach Agreement On Grupo Modelo Purchase

Anheuser-Busch InBev and the Department of Justice have reached a deal that will allow AB-InBev to buy the rest of Grupo Modelo, the maker of Corona.
(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.

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Gaming merger
8:48 am
Fri December 21, 2012

Pinnacle To Purchase Ameristar

(via Flickr/IanMurphy)

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.

6:33 pm
Thu November 29, 2012

New Poll Shows Support For Closer City, County Relationship

The Admiral riverboat is helped down the Mississippi River by the tugboat Michael Luhr past the Gateway Arch in St. Louis on July 19, 2011.
(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.

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Business/Express Scripts merger
11:56 am
Mon April 2, 2012

Express Scripts-Medco merger approved

The Federal Trade Commission has approved a $29.1 billion merger between Express Scripts and Medco, which is based in New Jersey. The new company will be headquartered in St. Louis.
(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.

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Business/Express Scripts merger
2:36 pm
Thu July 21, 2011

Express Scripts will buy Medco

Prescription benefit manager Express Scripts will purchase rival Medco in a $29.1 billion deal.
(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.

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