Charlotte-based Chiquita has combined with Dublin-based Fyffes to become the world's top banana company. ChiquitaFyffes will operate in more than 70 countries with a workforce of 32,000.
Check out other big mergers from recent history.
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Charlotte-based Chiquita has combined with Dublin-based Fyffes to become the world's top banana company. ChiquitaFyffes will operate in more than 70 countries with a workforce of 32,000. Sales will top more than 160 million boxes of bananas annually.
Fort Worth-based American Airlines and Phoenix-based US Airways have reached an agreement with the Department of Justice that will allow a merger of the two companies to create the world's largest airline. The airlines expect the merger to be completed in December.
Microsoft will acquire Nokia's devices and services business and license the company's patents and mapping services in a deal worth $7.2 billion. Nokia CEO Stephen Elop (left) will also once again work for Microsoft after he left the computer giant in 2010 for Nokia.
Check out other big mergers from recent history.
Verizon acquired the remaining 45 percent stake in Verizon Wireless owned by British group Vodafone for $130 billion -- signing the third largest corporate deal in history.
World's No. 1 Ad Company: Omnicom Group Inc. and Publicis Groupe SA combined in a "merger of equals" that created the world's largest advertising firm, one worth more than $35 billion. Here, the two parties' CEOs — Omnicom's John Wren, left, and Publicis' Maurice Levy — posed for photos on the floor of the New York Stock Exchange on July 29, 2013.
Delta Air Lines and Northwest Airlines announced a merger in 2008. The merger at that time created the largest commercial airline in the world - Delta Air Lines - worth a reported total $17.7 billion. Delta acquired the Minnesota-based airline for $2.8 billion.
Social media giants
Facebook and Instagram joined forces after Facebook offered $1 billion for the mobile photo-sharing app in 2012. The deal was finalized that year for a few hundred million less than the offered $1 billion.
United Airlines merged with Continental Airlines to become the world's biggest airline in 2010. The joined airlines adopted United's moniker in a $3 billion deal that gained clearance from the Department of Justice. But the current company has experienced some rocky terrain reporting up-and-down earnings since the merger.
Disney Pixar: In 2005, the Walt Disney Co. purchased longtime partner Pixar Animation Studios Inc. for $7.4 billion. Steve Jobs, left, shakes hands with Disney CEO Robert Iger during an unveiling of a new iPod with video capability.
AOL-Time Warner: Time Warner CEO Gerald Levin, left, and AOL CEO Steve Case high-fived after announcing their multi-billion-dollar deal. They had hoped it would create an unstoppable media behemoth, but with the burst of the dot-com bubble just after the merger, AOL Time Warner swiftly lost close to $100 billion in value.
DaimlerChrysler AG: Daimler-Benz Chairman Juergen Schrempp, left, and Chrysler Chairman Robert Eaton shake hands after signing an agreement in London May 6, 1998, to merge their companies. Almost a decade later, in 2007, DaimlerChrysler AG sold more than 80 percent of its money-losing Chrysler Group to private equity firm Cerberus Capital Management LP, unwinding its nearly decade-old deal to merge the U.S. brand with Mercedes-Benz.
Citigroup, Inc.: John S. Reed, foreground, of Citicorp, spoke at a news conference as Sanford Weill, of Travelers Group, looked on. Citicorp and Travelers Group merged in 1998 in a record $70 billion deal between the nation's second-biggest bank and a leading provider of financial services ranging from trading stocks to insurance. The new company is called Citigroup Inc.
Largest Acquisition Ever: The largest acquisition of all time took place when Vodafone AirTouch acquired Mannesmann for $202.8 billion in 2000. Chris Gent, Vodafone Airtouch PLC chief executive, left, and Klaus Esser, Mannesmann chief executive, right, are pictured shaking hands during a news conference when they announced their merger in Duesseldorf.
BofA Gobbles Up MBNA: Bank of America Corp. acquired MBNA Corp. in a $35 billion cash and stock deal that transformed the nation's third-largest bank into one of the world's largest credit card issuers. President and CEO of MBNA Corp. Bruce Hammonds, speaks at the announcement of a merger in 2005.
Exxon-Mobil: Two of the world's biggest oil companies became the world's biggest oil company. No, make that the world's biggest company, period. Exxon and Mobil combined to become the epitome of Big Oil in 1999. Exxon's CEO Lee Raymond, left, exulted with Mobil's CEO Lucio Noto after announcing details. Their massive merger had required serious restructuring of gas stations before it could pass antitrust muster with the feds.
Sprint Then President and CEO of Nextel Tim Donahue gives his remarks at the 2005 Annual Stockholders' Meeting on Wednesday, July 13, 2005 after Nextel stockholders approved the merger with Sprint. The merged telecom giants' stock price sank from around $23 when the deal closed in 2005 to less than $10 in early 2008, before the market crashed. The company took a $30 billion write-down that year, too, and its stock is languishing in the single digits even now.
SiriusXM Satellite Radio XM Satellite Radio and Sirius Satellite Radio officially joined forces on July 29, 2008. The two rivals merged following a delay with one minor problem with the FCC: When satellite radio first began in 1997, the FCC granted just two licenses under the condition that either of the holders would not acquire control over the other. Sirius Satellite Radio bought out it's only competitor in the market, XM Satellite Radio for $3.3 billion, allowing more than 18 million subscribers to receive programming from both services.
Sears Holdings Corp. Edward Lampert, chairman of Kmart, left, Aylwin Lewis, president of Kmart, center, and Alan Lacy, CEO of Sears, right, join hands during an announcement of a merger between Kmart and Sears in 2004. The new retail company became Sears Holdings Corporation after a hedge fund investor purchased both of the failing big box stores. The stores, however, continue to struggle after the merger.
Anheuser-Busch InBev is the world's largest brewer with nearly 25 percent of the global market share. The Belgian-Brazilian beverage and brewing company. InBev acquired the American brewing company for $52 billion in 2008. The company also acquired Grupo Modelo for $20.1 billion in June 2013.