Category: Samina Karim

AT&T-DirecTV deal could level playing field

May 21st, 2014 in 2014, Associated Press, Newsmakers, Samina Karim, School of Management 0 comments

KarimSaminaAssociated Press
Samina Karim, School of Management

Antitrust experts say that AT&T’s bid for DirecTV could reap immediate regulatory rewards…

Expert quote:

‘I think that’s more plausible now. The competition can’t sleep.’’

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AT&T deal for DirecTV driven by desire to pare programming costs

May 20th, 2014 in 2014, Los Angeles Times, Newsmakers, Samina Karim, School of Management 0 comments

KarimSaminaLos Angeles Times
Samina Karim, School of Management

For anyone wondering what’s driving AT&T Inc.’s nearly $50-billion deal to buy satellite broadcaster DirecTV, look no further than a new report issued by the Federal Communications Commission on cable TV rates…

Expert quote:

“Consumers want everything everywhere and faster. That’s really where we are going.”

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Yahoo Buys Blink Team, App to Go Dark

May 15th, 2014 in 2014, E-Commerce Times, Newsmakers, Samina Karim, School of Management 0 comments

KarimSaminaE-Commerce Times
Samina Karim, School of Management

Yahoo has acquired Blink, a mobile app that destroys messages at a predetermined time set by the user. Yahoo intends to shut down both the iOS and Android versions of the app in the coming weeks. Blink made its debut just a year ago…

Expert quote:

“Though we’re hearing that the Blink app will be shut down in the near future, this doesn’t mean that its user base vanishes. I foresee Yahoo morphing Blink into something else. There are cheaper ways to get talent other than to acquire the Blink app — so I think there is definitely an interest in more than just the talent.”

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FTC asks Safeway for details on merger plans

April 11th, 2014 in 2014, Newsmakers, Samina Karim, San Jose Mercury News, School of Management 0 comments

KarimSaminaSan Jose Mercury News
Samina Karim, School of Management

The federal government has asked Safeway to hand over more information about its plans to merge with Albertsons and create a national supermarket conglomerate, marking the latest step in a thorny deal between two of the nation’s largest grocers…

Expert quote:

“If it has market power and that market power becomes too great, then that’s where the FTC will want them to divest.”

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Store closures loom as Safeway sale heads to FTC

March 29th, 2014 in 2014, Newsmakers, Samina Karim, San Jose Mercury News, School of Management 0 comments

KarimSaminaSan Jose Mercury News
Samina Karim, School of Management

After the proposed sale of Safeway cleared a key hurdle this week, Bay Area shoppers and Safeway employees are one step closer to knowing what’s in store for them. The landmark $9.4 billion deal orchestrated by New York private equity firm Cerberus will merge Safeway, the nation’s second-largest supermarket chain, with Albertsons, the country’s fifth-largest..

Expert quote:

“California is a place where they have a lot of market power.”

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Safeway sale would transform supermarket industry

March 5th, 2014 in 2014, Newsmakers, Samina Karim, School of Management 0 comments

KarimSaminaInside Bay Area Group
Samina Karim, School of Management

The days of the conventional supermarket are numbered. Safeway’s announcement last month that it was in talks to sell itself is the latest sign from the troubled grocery industry that supermarkets have fallen out of style. A sale of the nation’s second-largest grocery chain, with a stronghold in the Bay Area, would reshape the industry, close stores across California and the Southwest, and transform Safeway into a neighborhood grocer that more closely resembles Trader Joe’s, according to analysts and industry watchers…

Expert quote:

“Cerberus would be the dominant grocery holder in California. They are judging which locations make the most sense to hold onto.”

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Nestle sells Jenny Craig weight-loss brand to equity firm

November 7th, 2013 in 2013, Los Angeles Times, Newsmakers, Samina Karim, School of Management 0 comments

KarimSaminaLos Angeles Times
Samina Karim, School of Management

Maybe a company that sells chocolate bars and hot cocoa was never meant to operate a weight-loss business…

Expert quote:

“I was always skeptical about Nestle’s acquisition of Jenny Craig. Though Nestle makes nutritional and weight-loss foods, running a brick-and-mortar consumer business poses different challenges.”

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Safeway executives sell stock after rumors of buyout offer

October 29th, 2013 in 2013, Newsmakers, Samina Karim, School of Management 0 comments

KarimSaminaInside Bay Area Group
Samina Karim, School of Management

Safeway executives are cashing in stock after speculation about a buyout offer from a New York equity firm, a rumor that has driven shares to record highs over the past week…

Expert quote:

“It signals a lack of confidence in Safeway. Maybe Safeway will try to fight this.”

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Why airline mergers are inevitable

October 9th, 2013 in 2013, Blogs, Newsmakers, OP-EDs by BU Professors, Reuters, Samina Karim, School of Management 0 comments

KarimSaminaReuters “The Great Debate”
By Samina Karim, School of Management

The American Airlines/US Airways merger talks are on hold due to the ongoing antitrust trial led by the Department of Justice…

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Concessions Entangle Universal’s Bid for EMI

July 16th, 2012 in 2012, New York Times, Newsmakers, Samina Karim, School of Management 0 comments

KarimSaminaNew York Times
Samina Karim, School of Management

The endgame in the music industry’s most controversial deal will begin this week in Brussels…

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