Asset sales

FILE - In this Dec. 12, 2017 file photo, city attorney Dennis Herrera, center, speaks at a news conference next to acting mayor London Breed, left, at City Hall in San Francisco. San Francisco officials are offering to buy Pacific Gas & Electric's power lines and other infrastructure in the city for $2.5 billion. Mayor London Breed and City Attorney Dennis Herrera presented the offer in a letter sent to the utility Friday, Sept. 6, 2019. (AP Photo/Jeff Chiu, file)
September 09, 2019 - 1:19 pm
SAN FRANCISCO (AP) — With Pacific Gas & Electric in bankruptcy as it faces billions of dollars in claims over wildfires started by its equipment, San Francisco is offering to buy pieces of the utility's assets for $2.5 billion so the city can run parts of the power system on its own. Mayor...
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September 09, 2019 - 6:37 am
NEW YORK (AP) — Activist hedge fund manager Elliott Management is making a new $3.2 billion investment in AT&T and calling for changes at the company such as selling its DirecTV and Mexican wireless operations. The move comes as AT&T readies a streaming service following its $81 billion...
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The BP Energy Center, a building where nonprofits and groups can meet, is shown in Anchorage, Alaska, Wednesday, Aug. 28, 2019. BP announced plans Aug. 27, 2019, to sell its Alaska assets to Hilcorp, and its plan to pull out of Alaska could leave a big hole for nonprofits and other programs that benefited from the oil giant's donations and its employee volunteers. (AP Photo/Mark Thiessen)
August 28, 2019 - 5:46 pm
JUNEAU, Alaska (AP) — BP's plan to pull out of Alaska could leave a big hole for nonprofits and other programs that benefited from the oil giant's donations and its employee volunteers. BP on Tuesday announced it would sell its Alaska assets to Hilcorp in a deal expected to close next year. BP,...
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August 27, 2019 - 10:55 am
JUNEAU, Alaska (AP) — BP is selling all its operations in Alaska, including its interests in both the Prudhoe Bay oil field and the trans-Alaska pipeline. Company officials announced in a release Tuesday that it is selling to Hilcorp Alaska for $5.6 billion. BP has been a major force in Alaska on...
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August 05, 2019 - 12:18 pm
NEW YORK (AP) — Two of the country's largest newspaper companies have agreed to combine in the latest media deal driven by the industry's struggles with a decline of printed editions. GateHouse Media, a chain backed by an investment firm, is buying USA Today owner Gannett Co. for $12.06 a share in...
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FILE - In this Oct. 3, 2018, file photo the Intel logo appears on a screen at the Nasdaq MarketSite, in New York's Times Square. Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. (AP Photo/Richard Drew, File)
July 25, 2019 - 2:55 pm
SAN FRANCISCO (AP) — Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. The agreement announced Thursday comes three months after Apple ended a long-running dispute with one of...
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July 19, 2019 - 3:36 am
BRUSSELS (AP) — AB Inbev, the world's biggest brewer with brands like Budweiser and Corona, is selling its unit in Australia to reduce debt after it decided against listing shares in Asia. The company said Friday it is selling Carlton & United Breweries for $16 billion AUD ($11.3 billion) to...
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People walk past a Huawei retail store in Beijing, Sunday, June 30, 2019. Once again, Presidents Donald Trump and Xi Jinping have hit the reset button in trade talks between the world's two biggest economies, at least delaying an escalation in tension between the U.S. and China that had financial markets on edge and cast a cloud over the global economy. (AP Photo/Andy Wong)
July 12, 2019 - 5:01 am
SHENZHEN, China (AP) — The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump's promise to allow U.S. companies to sell some components to the company and called on Washington to remove it from a security blacklist. The "unjust and unfair"...
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Damage is seen to a hangar after a twin-engine plane crashed into the building at Addison Airport in Addison, Texas, Sunday, June 30, 2019. The small airplane crashed as it was taking off from the Dallas-area airport Sunday morning, a spokeswoman for the town of Addison, Texas, said. (Shaban Athuman/The Dallas Morning News via AP)
July 01, 2019 - 2:01 pm
DALLAS (AP) — Officials have not yet released the identities of the 10 people killed when a small plane crashed at a suburban Dallas airport, but the aircraft's former owner said Monday that he sold it earlier this year to a Texas-based company. No information has been released to explain why the...
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In this Thursday, April 11, 2019 photo, copies of The Berkshire Eagle newspaper are placed in a machine before being bundled for distribution, in Pittsfield, Mass. The paper now features a new 12-page lifestyle section for Sunday editions, a reconstituted editorial board, a new monthly magazine, and the newspaper print edition is wider. That level of expansion is stunning in an era where U.S. newspaper newsroom employment has shrunk by nearly half over the past 15 years. (AP Photo/Steven Senne)
June 18, 2019 - 9:06 pm
PITTSFIELD, Mass. (AP) — The Berkshire Eagle has an expanded investigative team. There's a new 12-page lifestyle section for the Eagle's Sunday editions. There's a new monthly magazine focusing on the area's culinary and natural charms. There is an advisory board that includes cellist Yo-Yo Ma and...
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