acquisition and takeover

Vantiv acquires London ecommerce firm

Vantiv Inc.’s $11 billion acquisition of British-based Worldpay Group sets up an opportunity for the company to take integrated electronic payments born and developed in Durango globally. Matt...

DATE: Jan. 16, 2018 | UPDATED: 5 days 15 hours ago | CATEGORY: Local News

Zuke’s to leave Durango, layoff 16 local employees

One of Durango’s oldest homegrown companies has announced it will be leaving for Texas and laying off nearly 75 percent of its employees. Zuke’s Pet Nutrition announced Thursday it will join with...

DATE: Jan. 11, 2018 | CATEGORY: Local News

Mountain Motion Media joins Ballantine Communications Inc.

The parent company of The Durango Herald, Ballantine Communications Inc., is now working with Mountain Motion Media, a marketing and advertising company specializing in the automotive industry....

DATE: Dec. 10, 2016 | CATEGORY: Local News

Vail Resorts buying largest Whistler ski area

DENVER – The largest resort operator in North America is buying the continent’s biggest ski area, the site of the 2010 Winter Olympics. Vail Resorts Inc. announced Monday that it was purchasing...

DATE: Aug. 8, 2016 | CATEGORY: Regional News

Microsoft to buy networking site LinkedIn for $26.2 billion

NEW YORK – In a surprise move, Microsoft said Monday that it is buying LinkedIn for about $26.2 billion, a deal that could bring subtle but significant changes for the professional network’s more...

DATE: June 13, 2016 | CATEGORY: Nation & World

Where to seal the biggest beer deal ever?

LONDON – After weeks of public grandstanding and private haggling, the biggest consumer-products takeover in history was ultimately decided by a handful of men in a tiny brick house on a one-lane...

DATE: Oct. 13, 2015 | CATEGORY: Business

Bud brewer to buy Miller for $106B

LONDON – Anheuser-Busch InBev agreed to buy SABMiller for almost $106 billion to clinch a record industry deal after several rejections, creating a brewer that will account for a third of all beer...

DATE: Oct. 13, 2015 | CATEGORY: Business

From ex-pot agent to ganjapreneur

Twice retired, John Seckman benefited from a 30-year executive career in oil and tech booms. Now he’s engaged in the marijuana boom. “I’m 66 years old,” he said. “I don’t have another boom left in...

DATE: March 31, 2015 | CATEGORY: Business

Pine River Valley Bank reaches a merger

Bayfield’s Pine River Valley Bank has been sold to National Bank Holdings Corp. of Greenwood Village in a deal that values the local bank at $14 million. The sale, which the banks described as a...

DATE: Feb. 2, 2015 | CATEGORY: Local News

Local natural-food co-op no more?

Durango Natural Foods plans to merge with La Montanita Food Co-op based in Albuquerque. The boards of the respective businesses have signed a letter of intent and think the merger will be finalized...

DATE: Aug. 12, 2014 | CATEGORY: Business