merger Archives

AZ Big Media starts social media merger

kindle

AZ Big Media is merging all of its social media accounts into one account for each social media platform to keep its readers better informed of the latest and most important business, real estate and lifestyle news. Currently, AA Big Media is maintaining separate Facebook, Twitter and Instagram accounts for each of its popular magazines, including Az Business, AZRE, Az… Read More →

Cassidy Turley acquisition completed Jan. 5

Cassidy Turley

DTZ, a global leader in commercial real estate services, announced Jan. 5 that Cassidy Turley and DTZ are now operating as a single global firm following the completion of the acquisition of Cassidy Turley by the private equity investment consortium backed by TPG Capital, PAG Asia Capital and Ontario Teachers’ Pension Plan. The consortium acquired DTZ… Read More →

Paul Johnson Drywall, Inc. partners with Younger Scaffold & Supplies, LLC

123RF.com, Copyright: valeriylebedev

Paul Johnson Drywall, Inc. (PJD) has established a new vendor partnership with Younger Scaffold & Supplies, LLC. (Younger). The agreement requires that Younger will provide heavy-duty scaffolding, safety training and inspections of the equipment onprojects where PJD crews are working. As one of Arizona’s largest drywall contractors, PJD is creating a more efficient and safe… Read More →

Maracay Homes joins TRI Pointe in blockbuster deal

maracay

Phoenix-based Maracay Homes announced that it has combined with TRI Pointe Homes, Inc. (NYSE: TPH) (“TRI Pointe”) as part of the merger between TRI Pointe and Weyerhaeuser Real Estate Company (“WRECO”), which counts Maracay Homes in its family of builders. The transaction, one of the largest in homebuilding history, is valued at approximately $2.8 billion.… Read More →

Scottsdale Companies Form Development Company

Portrait Photography by Michael Baxter, Baxter Imaging LLC
by in Business News | Real Estate

A new full-service development company, Cypress Development Group,  was announced today as the result of a merger between Scottsdale-based developer Sterling Collection Development Group (SCDG) and luxury home builder, Luster Custom Homes. Longtime friends Nathan Day, president of SCDG, and Tanner Luster, president of Luster Custom Homes, decided to combine their companies and increase their… Read More →

Sterling Development Group, Luster Custom Homes Announce Merger

Tanner Luster, Nathan Day

A new full-service development company, Cypress Development Group,  was announced today as the result of a merger between Scottsdale-based developer Sterling Collection Development Group (SCDG) and luxury home builder, Luster Custom Homes. Longtime friends Nathan Day, president of SCDG, and Tanner Luster, president of Luster Custom Homes, decided to combine their companies and increase their… Read More →

Airports seek opportunity to support airline merger

usairways
by in Business News | Travel

The airports dominated by American Airlines and US Airways say they’ll be hurt if the carriers can’t merge. The airports want to file a friend-of-the-court statement supporting the merger, which is the subject of a trial scheduled to start Nov. 25 in U.S. district court in Washington. The request was filed Monday by Dallas-Fort Worth… Read More →

US Airways dealt setback in merger-lawsuit trial

usairways
by in Business News

A court-appointed official says American Airlines and US Airways shouldn’t get to know the identity of all the people that the government interviewed before trying to block the airlines’ proposed merger. The airlines also want to know what those people told the Justice Department. The court official, called a special master, recommended Thursday that the… Read More →

Shareholders OK US Airways -American merger

AMR-US Airways

US Airways and American Airlines moved closer to creating the world’s biggest airline Friday, as US Airways shareholders overwhelmingly approved their proposed merger. Shareholders of US Airways Group Inc. would get 28 percent of the shares in the combined company, with the rest going to creditors, employees and shareholders of American Airlines parent AMR Corp.… Read More →

How will airline merger impact Arizona?

usairways
by in Business News | Travel

The potential merger of US Airways and American Airways raised fears in Arizona that the combined airline would ditch its major hub in Phoenix, costing thousands of jobs in a region just now recovering from the housing collapse and recession that crippled the economy for years. But when the merger was announced Thursday, city and… Read More →

Report: AMR, US Airways boards meet Wednesday

usairways
by in Business News | Travel

Directors of American Airlines and US Airways reportedly plan to meet Wednesday to consider a merger. The Wall Street Journal reported Monday that negotiators were still considering the makeup of the combined company’s board and an exact role for the CEO of American parent AMR Corp. US Airways and AMR declined to comment. The companies… Read More →

American Airlines studies options with US Airways

US Airways jet
by in Business News | Travel

Directors of American Airlines’ parent company likely won’t make a decision when they meet Wednesday to consider a possible merger with US Airways, even as momentum for a deal is building. Investors have been bidding up US Airways’ stock price, and leaders of the two pilot unions agree on how to combine contracts, two developments… Read More →

American, US Airways move one step closer to merger

usairways

American Airlines and US Airways are one step closer to a potential merger. The companies said Friday they have started confidential merger talks. But a deal is still far from reality. “It does not mean we are merging — it simply means we have agreed to work together to discuss and analyze a potential merger,”… Read More →

What an American-US Airways merger means to you

AMR-US Airways

While American Airlines and US Airways have started merger discussions, it would be several months — if not years — before passengers see any real impact. Passengers with existing tickets on American or US Airways — and members of both frequent flier programs — shouldn’t fret. No changes will come anytime soon. Assuming quick merger… Read More →