MGM Mirage announced that the Nevada Gaming Commission unanimously approved the proposed merger between MGM Mirage and Mandalay Resort Group yesterday.

After a drop on Thursday, U.S. stock futures on Friday opened higher with the telecom and media sectors seeing some action.

Three days after Riggs filed a lawsuit against, PNC it was dismissed as Riggs agreed to accept a lower selling price.

The merger between th Molson and Coors breweries is now complete, but what has been called a “merger of equals” may not be so equal.

One of the more resilient residents of the search engine industry, Ask Jeeves, completed its acquisition of Bloglines, confirming the chatter circulating in the blogosphere and press.

MCI Qwest Communications International are supposedly in talks about a $6.3 billion merger.

In a meeting, Coors shareholders approved the merger with Molson completing all of the steps necessary for the merger to become a reality.

Last week, it was announced that Procter & Gamble is acquiring Gillette for $57 billion.

Reuters offers 5 Five Facts on P & G and Gillette merger. Those are listed below plus other interesting facts about this huge merger.

The potential merger between mobile phone companies Sprint and Nextel may have just hit a bump in the road.

When Internet-based companies, especially ones the size of Oracle and PeopleSoft, announce fundamental changes, responses are usually swift.

Software firm PeopleSoft has agreed to accept Oracle’s proposal to buy the company. The agreement was for $10.3 billion or $26.50 a share. The agreed-upon total is an increase of the initial offering which was for $24 a share. The deal is expected to be complete by January 2005.

Mobile service providers Sprint and Nextel are discussing a potential merger of the two companies. A joining of the two would increase each company’s customer base and market value.

Critical work in your organization is directly tied to the fate of your software vendors. So when PeopleSoft buys J.D. Edwards or Oracle attempts a hostile takeover of PeopleSoft, you are understandably nervous. Your nervousness usually does not stem from your love of PeopleSoft, J.D. Edwards or Oracle, but because the future of the software products you use everyday to run your business is now questionable at best and in jeopardy at worst. The potential buyers reassure you with promises of long term support and future product enhancements. But would you bet your own money on these promises?

AOL Time Warner (Quote, Company Info) Vice Chairman Ted Turner, a highly visible philanthropist and founder of CNN as well as the world’s first cable superstation — among his other accomplishments — does not pull punches when it comes to criticizing Time Warner’s decision to merge with AOL.