Intel gets Apollo offer to invest up to $5 billion
Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the ...
Tag: Mergers and acquisitions
Iconic motel chain sold to India-based company for half a billion
The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in ...
Motel 6 sold to Indian hotel operator Oyo for $525 million
A Motel 6Fort Worth Star-Telegram | Tribune News Service | Getty ImagesThe budget motel chain Motel 6 is being acquired ...
Washington to review Nippon Steel takeover of U.S. Steel after election
President Joe Biden’s administration has extended a review of Nippon Steel’s proposed takeover of U.S. Steel, officials said Tuesday, effectively ...
Activist Engine Capital pushes for new board at Upwork, takes 4% stake
Close-up of sign at entrance to Silicon Valley headquarters of outsourcing and freelancing company Upwork, Mountain View, California, May 3, ...
Japan makes 7-Eleven takeover more difficult
The Japanese finance ministry on Friday designated the parent company of 7-Eleven a “core” industry, a move that could make ...
A+E Networks EMEA Rebrands Under Hearst Moniker
A+E Networks EMEA will be known as Hearst Networks EMEA going forwards. The rebrand at the international broadcaster will see ...
Norfolk Southern board probe focusing on CEO’s relationship with chief legal officer
Norfolk Southern CEO Alan Shaw testifies at a hearing before the Senate Environment and Public Works Committee on protecting public ...
Norfolk Southern probing CEO Alan Shaw over workplace relationship
Alan Shaw, CEO, Norfolk SouthernScott Mlyn | CNBCNorfolk Southern's board is examining allegations that CEO Alan Shaw engaged in an ...
Billionaire donors want Kamala Harris to get rid of regulators
Major Democratic donors on Wall Street are increasingly pushing Kamala Harris’ team to replace top regulators Lina Khan and Gary ...
Masimo CEO shared confidential information ahead of release: documents
Joe Kiani, CEO, MasimoScott Mlyn | CNBCMasimo CEO Joe Kiani, whose medical-technology company is in the midst of a proxy ...
7-Eleven owner says takeover bid ‘grossly undervalues’ company
The Japanese owner of 7-Eleven said Friday it had rejected a takeover bid from Canadian retail giant Alimentation Couche-Tard, saying ...
Albertsons and Kroger CEOs tell skeptical government that grocery mega merger won’t lead to store closures and higher prices
The chief executive officers of Kroger and Albertsons insisted Wednesday — under questioning from the federal government — that merging would allow ...
Intel CEO Pat Gelsinger says he respects ‘skepticism’ from investors
Pat Gelsinger, chief executive officer of Intel Corp., holds a wafer as he speaks at the Computex conference in Taipei, ...
Disney India-Reliance Industries Merger Gets Watchdog Greenlight
Disney’s merger with Reliance Industries in India is going ahead after the country’s competition authority gave the deal a greenlight. ...
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