Low-cost Air Carriers JetBlue, Spirit Airlines Terminate $3.8 Billion Merger Amid Anti-Competition Concerns
JetBlue and Spirit Airlines end the $3.8 billion merger due to regulatory concerns, facing challenges.
Mergers & Acquisitions
Reddit Collaborates With OpenAI to Bring Contents to ChatGPT, AI Tools
OpenAI's partnership with Reddit allows access to real-time content, enhancing ChatGPT and future products with platform discussions.
Paramount, Amazon Initiate Talks on Expanding Media Partnership
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures...
Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group...
Uber to Acquire Foodpanda’s Taiwan Operations for Whopping $950 Million Cash
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero...
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
Canadian oil and energy company Enerplus reported an 18.6% revenue los...
Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks
Private equity firms are considering buying Peloton amid the CEO's dep...
Latest News
Macy’s Buyout: New Takeover Bid by Arkhouse, Brigade Reaches $6.6 Billion After Initial Rejection
At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.
US Regulatory Agency Moves to Block $25 Billion Kroger-Albertsons Supermarket Merger
The US Federal Trade Commission (FTC) sued Kroger and Albertsons to stop their $25 billion merger.
MWC 2024: Hewlett Packard Enterprise, Juniper Networks CEOs Discuss $14 Billion Merger Deal Benefits
The Hewlett Packard Enterprise (HPE) is set to acquire Juniper Networks in a $14 billion deal.
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World
Walmart Is Eyeing to Buy TV Maker Vizio for More Than $2 Billion: Report
Walmart is reportedly planning to acquire Vizio for $2 billion. Here's what it means for the cheap TV market.
Australia's Sara Lee Saved From Voluntary Administration Through Private Acquisition
After entering voluntary administration last October, Australian dessert maker Sara Lee is now being sold.
Vodafone-Three Mobile Network Merger Prompts UK Antitrust Investigation
The UK's competition regulatory said it will investigate Vodafone's proposed merger with Three.
FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
