Merger

Gene J. Puskar / AP

Ketchup maker and packaged food giant Kraft Heinz has withdrawn a $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low.

The companies announced the decision Sunday in a joint press release, saying that Kraft Heinz has "amicably" abandoned the offer.

The deal would have combined Kraft Heinz brands such as Oscar Mayer, Jell-O and Velveeta with Unilever's Hellman's, Lipton and Knorr. The merged company would have rivaled Nestle as the world's biggest packaged food maker by sales.

Megan Harris / 90.5 WESA

Pittsburgh will be home to the largest open-door animal shelter in western Pennsylvania once the boards of two major nonprofits merge by Jan. 1, 2017.

WITF

In a decision that is expected to reshape the health care world in the midstate, a federal court has blocked a merger between Penn State Health and PinnacleHealth.

The ruling by the 3rd U.S. Circuit Court of Appeals caps a saga that stretched more than two years, when two of the largest health systems in the region first announced their plans to unite.

The Justice Department is suing to block two proposed mergers between major health insurance companies, saying the deals violate antitrust laws and would lead to higher health care costs for Americans.

U.S. Attorney General Loretta Lynch explained the decision at a press conference:

Matt Nemeth / 90.5 WESA

Wilkinsburg and Westinghouse sixth, seventh and eighth graders got an early taste of the schools' impending merger at a field day in North Park on Tuesday.

Two Area River Conservationist Non-Profits To Merge

Jun 22, 2015

Two area non-profits, Rivers of Steel Heritage Corporation and RiverQuest, will merge Sept. 1, officials announced Monday.

RiverQuest Board President Jim Roddey said last year the company would need to merge to continue operating its boat Explorer and other river-based science education programs. Officials said talks began shortly after.