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Business news in brief

In the Region

Mercy sale to Prime praised

There was a strong show of support for the sale of Mercy Suburban Hospital in East Norriton to Prime Healthcare Services Inc. at a hearing Monday held by state officials who oversee the transfer of charitable assets to for-profits.

The sale of the nonprofit Mercy Suburban, with an operating loss of more than $8 million in the year ended last June, was announced in March and could be finalized by Sept. 1, pending final review by the Pennsylvania Attorney General and Montgomery County Orphans' Court.

No one spoke against the sale in an hour-long hearing. The price has not been disclosed. Doctors and other officials from Roxborough Memorial Hospital in Philadelphia and Lower Bucks Hospital in Bristol Township, which Prime owns, praised the Ontario, Calif., company for rejuvenating those two facilities, which were in deep financial distress when Prime bought them in 2012. Lower Bucks is opening an 18-bed behavioral health unit for seniors next month.

- Harold Brubaker

Xfinity's new features

Starting Tuesday, Comcast Corp. will offer the supplementary content that Philadelphia-based OneTwoSee provides for sporting events in the Xfinity Sports App: a free, on-screen enhancement that X1 box users can call up on their TV in split-screen fashion.

Before, Sports App viewers saw info in the right side banner related only to the game on screen. Now, there's a dig-deeper option called "Extras," arriving first with Baseball Extras, which lets viewers track, second-by-second, how each MLB game and participant is progressing. And they can follow all that while the main portion of the screen is keeping kids entertained with Sesame Street.

These sports updates are presented in a rotating carousel fashion. And, if a really hot game catches your eye, a viewer can instantly switch the main screen TV action to check it out live without having to first search the guide or enter a specific channel number.

OneTwoSee takes in, processes and graphically enhances play-by-play content "from a variety of services that have trackers at the venues for every game," said CEO Chris Reynolds. - Jonathan Takiff

Elsewhere

Sysco backs off takeover

Sysco Corp. terminated its planned $3.5 billion takeover of US Foods Inc. after a federal judge blocked the combination, opting instead to add $3 billion to its stock-buyback program.

Sysco will now pay a $300 million termination fee to US Foods and a $12.5 million fee to Performance Food Group, which had agreed to buy some US Foods facilities.

Sysco had fought for more than a year to gain government approval for the transaction, which antitrust regulators said would hurt competition and lead to higher prices. Sysco and US Foods dominate a market known as broad-line food service, which supplies school cafeterias, restaurants and hotels. Sysco had argued that the acquisition would bring $1 billion in savings, letting it offer lower prices to customers. - Bloomberg News

Microsoft leaves web ads

Microsoft Corp. is getting out of Web display advertising, with AOL Inc. taking over the business and letting the software maker focus on mobile and cloud computing.

AOL will use Microsoft's Bing Internet search engine instead of Google Inc. as part of the 10-year deal, the companies said in a statement.

AOL will hire about 1,200 Microsoft workers in display ad sales, marketing and engineering, according to Gerasimos Manolatos, a spokesman for AOL. Microsoft is shedding the business, which focuses on graphic ads such as banners and videos, as CEO Satya Nadella works to sharpen focus on three key areas: personal computing, cloud platforms and business productivity. Since becoming CEO early last year, Nadella has been streamlining the workforce, acquiring mobile and cloud software makers, and paring units not central to his strategy.

Separately, Microsoft said today that it's selling part of the Bing maps unit to car-booking company Uber Technologies Inc. - Bloomberg News

JetBlue charges for some bags

Say goodbye to a free checked bag on JetBlue Airways Corp. if you buy the cheapest ticket. The airline is set to introduce a new fare scale as soon as Tuesday and missing will be its signature, complimentary luggage policy.

The change will leave Southwest Airlines Co. as the only major U.S. carrier that doesn't charge for an initial checked suitcase in coach. JetBlue has said it plans to unveil three-tiered Fare Options pricing this quarter, which ends June 30 but has declined to say whether the company will meet a self-imposed deadline.

JetBlue opted to end the free-bag policy under pressure from investors and analysts to boost revenue after the company failed to reach targets for return on invested capital. The new system will improve operating income by at least $200 million a year by 2017, the airline has said. - Bloomberg News