Here is Alan Davis Top 3 Mergers and Acquisitions from 2018.

1. AT&T purchased Time Warner, the cable television company, for $85 billion

This merger, closed in June 2018, “would be the fourth largest deal ever attempted in the global telecom, media and entertainment space, according to Thomson Reuters data” and “the 12th largest deal in any sector.”

But, it was met with a lot of pushback. The Thomson Reuters article noted that the U.S. Justice Department felt like the deal would especially harm customers and provide AT&T, the second best wireless carrier, with an unfair advantage against its competing pay TV providers.

2. The Walt Disney Company buys Twenty-first Century Fox, Inc. for $71.3 billion

In the same month, The Walt Disney Company, a mass media and entertainment conglomerate, shoveled out about $35.7 billion in cash and around 343 million new shares to the shareholders of the other mass media corporation, Twenty-First Century Fox, Inc.

This acquisition allowed The Walt Disney Company to expand its direct-to-consumer (DTC) offerings and international presence.

3. The Meredith Corporation acquired Time, Inc. for approximately $2.8 billion

In a January 2018 press release the mass media corporation, Meredith, announced its official acquisition of the American media conglomerate. In an all-cash transaction, the latter shareholders earned $18.50 for each share. The The deal aimed to increase readership, paid circulation, and monthly unique visitors to the site, as well as expand Meredith’s reach with the Millennial generation.