Latest Mergers and acquisitions News
WeWork has emerged from bankruptcy. What's next for the co-working office space provider?
NEW YORK (AP) — WeWork has officially emerged from bankruptcy. And all eyes are on whether its new leadership can guide the long-embattled provider of co-working office space to success. Once a Wall Street darling promising to revolutionize the world of work, WeWork took a stunning...
Oracle, Casey's General Stores rise; Vera Bradley, PetMed fall, Wednesday, 6/12/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Paramount Global, up 8 cents to $11.12. National Amusements ended talks on a possible merger of the film and television company with Skydance Media. Vera Bradley...
Paramount Global owner calls off merger talks with Skydance Media
NEW YORK (AP) — National Amusements, which owns a majority voting stake in embattled entertainment giant Paramount Global, said Tuesday that it has ended talks on a possible merger of Paramount with movie production company Skydance Media. The potential deal had drawn attention...
Trump Media shares swing wildly and then tumble a day after former president was convicted
Shares of Trump Media & Technology Group closed lower Friday after swinging wildly over the course of the day following the conviction of former President Donald Trump in his hush money trial. After the U.S. stock markets closed Thursday, a New York jury found Trump guilty of...
Shares in Trump Media slump after former president convicted in hush money trial
Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, slumped before the opening bell Friday after former President Donald Trump was convicted in his hush money trial. A New York jury found Trump guilty of falsifying business records in a...
Police break up a network that illegally helped foreigners stay in Thailand, arresting dozens
BANGKOK (AP) — Thai police have broken up a large network that illegally helped foreigners, mostly Russians, to stay in Thailand long-term through the use of company nominees or shell companies, officials said Friday. Police said a 45-year-old Russian woman who came to Thailand in...
Schumer, Democrats urge Justice Department to prosecute alleged oil industry collusion, price-fixing
WASHINGTON (AP) — Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to “use every tool” at its disposal to prevent and prosecute alleged collusion and price-fixing in the oil industry. In a letter Thursday to...
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits. The deal is valued at $22.5 billion when including $5.4 billion in debt. Crude prices have jumped more...
T-Mobile to buy almost all of U.S Cellular in deal worth $4.4 billion with debt
T-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry. T-Mobile would get more than 4 million new customers and control of U.S. Cellular’s wireless operations and about 30% of...
The Justice Department is suing Ticketmaster and Live Nation. What does that mean for concertgoers?
Will the Justice Department's lawsuit against Ticketmaster and Live Nation give concertgoers, sports fan and theater patrons some relief from surging ticket prices? The lawsuit could potentially lead to a breakup of Live Nation Entertainment, a company that resulted from...
