This Tomato Sauce Is Delicious. It’s Also Worth Billions of Dollars.
Campbell Soup is splurging for the company behind Rao’s. What is the brand’s secret sauce? Source link
Acquisitions/Mergers
EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly...
China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the...
Biden Restricts U.S. Investment in China
The executive order also requires U.S. private-equity and venture-capital firms to disclose certain investments in the country. Source link
Biogen Buying Rare-Disease Drugmaker in $7.3 Billion Deal
The deal would bolster the biotech company’s portfolio of treatments for neuromuscular and rare diseases. Source link
Exxon and Chevron Stalk More Shale Deals as Profits Dip
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping...
FTC Pauses Effort to Block Microsoft-Activision Deal
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Microsoft and Activision Blizzard Extend $75 Billion Merger Deadline
The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link
Microsoft and Activision Blizzard Still Committed to $75 Billion Merger
The companies plan to continue work to resolve lingering regulatory issues. Source link
Call of Duty Will Stay on PlayStation After Microsoft-Activision Deal
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FTC Loses Latest Bid to Halt Microsoft-Activision Merger
An appeals court ruling clears a path for the $75 billion acquisition to close while litigation continues. Source link
Eli Lilly to Acquire Obesity-Treatment Maker Versanis
Versanis shareholders could receive as much as $1.925 billion in cash, in an upfront payment and additional payments if certain...
FTC Continues Fight to Block Microsoft’s $75 Billion Deal for Activision
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Microsoft’s Court Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new...
Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft, which the agency is appealing, marks another setback in her fight to block...
Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules
The companies can complete the deal before a Federal Trade Commission hearing that is scheduled for August. Source link
He Pushed the New York Times to Buy Wordle. Now He Has to Make Sports Work.
David Perpich, cousin of Times publisher A.G. Sulzberger, was an architect of the subscriber bundle of games, a cooking app,...
Twitter Sues Wachtell Over $90 Million Payout for Musk’s Buyout Deal
Twitter sued Wachtell, Lipton, Rosen & Katz, the law firm that represented its interests in a Delaware case to force...
Microsoft CEO Satya Nadella Says $75 Billion Activision Deal Won’t Block Competition
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WSJ News Exclusive | Janet Yellen Sees Bank Earnings Pressure, Mergers After March Crisis
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