Elon Musk’s lawsuit could be the least of OpenAI’s problems—its planned conversion will cost a fortune
A good rule of thumb in life is to never get on the bad side of a litigation-happy centibillionaire with ...
Tag: Mergers and acquisitions
Big Tech antitrust push ‘still has legs to it’ despite regime change
The U.S. antitrust watchdogs that pounced on Big Tech and deterred corporate deal making throughout President Joe Biden’s administration may ...
Donald Trump and Elon Musk are allies with rival social media platforms
Despite their close political ties, President-elect Donald Trump and X owner Elon Musk, are in a business sense, competitors. Trump ...
Wall Street is foaming at the mouth with all the possible mergers and acquisitions that may now go through with Trump as president
Analysts expect the incoming administration of President-elect Donald Trump will turn around the recent dealmaking slump in the M&A market. ...
David Zaslav Says Donald Trump’s Re-Election Could Offer Media Business “A Pace Of Change And An Opportunity For Consolidation”
Warner Bros. Discovery CEO David Zaslav said Donald Trump‘s re-election as president and Republican control of Congress bode well for ...
Karan Johar’s Dharma Productions Sells 50% Stake To Adar Poonawalla
Karan Johar‘s Indian production powerhouse Dharma Productions has major new investment. The Koffee With Karan maker is selling 50% to ...
Elliott asks for December special meeting at Southwest, cuts board slate
Travelers check in at a Southwest counter at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Tuesday, July ...
Pfizer threatened renegade executives before schism: Starboard’s Smith
Ian Read, chairman and chief executive officer of Pfizer Inc., gestures as he speaks during a panel session at the ...
Pfizer’s former CEO and CFO break from Starboard’s activist campaign
Ian Read, chairman and chief executive officer of Pfizer, speaks as President Donald Trump, left, listens during an announcement on ...
Cava’s CEO explains its explosive growth
The 52-year-old CEO and co-founder has watched Cava, the cult-classic Mediterranean fast-casual spot, skyrocket. Since its IPO last summer, the ...
Starboard Value has $1 billion Pfizer stake, taps former exec for help
People pass by the Pfizer headquarters building in New York City, Jan. 29, 2023.Kena Betancur | View Press | Corbis ...
Online retailer Shein to hold roadshows soon ahead of London IPO, Reuters reports
The logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China's Guangdong province.Jade Gao | ...
Freetrade buys UK arm of Australian investing platform Stake
People walk along London Bridge past the City of London skyline.Sopa Images | Lightrocket | Getty ImagesLondon-based online trading platform ...
DirecTV And Dish To Merge, Creating Pay-TV Giant
DirecTV is acquiring satellite rival Dish Network, creating by far the largest pay-TV operator. The two satellite companies, which have ...
Lina Khan sees parallels in Harris’s record and FTC’s work
Federal Trade Commission Chair Lina Khan’s aggressive antitrust stance during the Biden administration has made her a lightning rod in ...
EchoStar nears deal to sell Dish to DirecTV with debt payment looming
Charlie Ergen, chairman and co-founder of Dish Network Corp.Jonathan Alcorn | Bloomberg | Getty ImagesCharlie Ergen is getting close to ...
Commerzbank and UniCredit set to meet as takeover prospect looms
A Commerzbank AG bank branch, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024.Krisztian Bocsi | Bloomberg ...
Anthem Sports & Entertainment Buying Canada’s Hollywood Suite
Anthem Sports & Entertainment has reached a deal to buy Canadian indie broadcaster Hollywood Suite. The deal, financial terms of ...
Alaska Air gets credit rating knocked down to junk status
Moody’s Ratings cut Alaska Air Group Inc.’s credit grade to junk status after the company said it plans to issue ...
U.S. Steel CEO defends planned sale to Japan’s Nippon, believes deal will ‘close on its merits’
U.S. Steel CEO David Burritt on Tuesday defended the company's planned sale to Japan's Nippon Steel, expressing confidence that the ...
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