Tag: merger

KwiKom is drastically reducing its Iola workforce. Over 30 employees from the company’s construction crews were laid off last week. The move comes as KwiKom adjusts to a new merger between its parent company, WANRack,…

Community National Bank & Trust (CNB&T) has announced a merger with Prairie Bank of Kansas and Farmer National Bancshares, Inc. The merger will bring together Prairie Bank of Kansas with CNB&T and its parent company,…

NEW YORK (AP) — JetBlue Airways warned that it may end its bid to acquire low-cost carrier Spirit Airlines as soon as this weekend after a federal judge blocked the deal, sending Spirit shares sharply…

BJC Health System of St. Louis and Saint Luke’s Health System of Kansas City officially became one health system this week. Saint Luke’s operates Allen County Regional Hospital in Iola. Patients will experience no immediate…

A proposed bank merger will bring about the end of an era. The Bank of Commerce, based in Chanute, has applied with the State Bank Commissioner’s Office to merge with Piqua State Bank, which has…

KANSAS CITY, MO. — The Saint Luke’s Health System announced on Wednesday it plans to merge with BJC HealthCare of St. Louis.  Both systems plan to keep separate headquarters and maintain their existing brands.  It…

DALLAS (AP) — The prospect of a takeover of Spirit Airlines threatens to upend the cheap-fare end of the industry much like a series of mergers among big airlines reduced choices for travelers. Spirit is…

NEW YORK (AP) — A federal judge has removed a major obstacle to T-Mobile’s $26.5 billion takeover of Sprint, as he rejected claims by a group of states that the deal would mean less competition…

WASHINGTON (AP) — U.S. regulators have approved T-Mobile’s $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts, in a deal that would leave just three major cellphone companies in the…

LAS VEGAS (AP) — Eldorado Resorts will buy Caesars in a cash-and-stock deal valued at $17.3 billion, creating a casino giant. The acquisition today puts about 60 casinos and resorts in 16 states under a…