JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ Merger
The airlines’ CEOs say combining their operations will ultimately benefit consumers. Source link
Acquisitions/Mergers
WSJ News Exclusive | Altria in Talks to Buy Vaping Startup NJOY for at Least $2.75 Billion, Divest Its Stake in Juul
WSJ News ExclusiveBusinessMarlboro maker looks to buy rival e-cigarette company after struggles with Juul Source link
‘South Park’ on Paramount+ Prompts Warner Bros. Discovery Lawsuit
BusinessMedia & MarketingWarner Bros. Discovery says it paid over $500 million in 2019 to exclusively stream episodes Source link
Microsoft Signs ‘Call of Duty’ Pacts With Nintendo and Nvidia as Activision Deal Faces Scrutiny
The agreements come as regulators in the U.S. and abroad have said they are concerned the proposed $75 billion acquisition...
WSJ News Exclusive | CVS Nearing $10.5 Billion Deal for Primary-Care Provider Oak Street Health
WSJ News ExclusiveHealthThe deal would expand the health insurer and pharmacy chain’s role in medical care Source link
Newmont Proposes $17 Billion Takeover of Australia’s Newcrest Mining
BusinessU.S. gold producer makes second offer after Newcrest rejected an earlier proposal as too low Source link
Twitter Hasn’t Paid Bill, M&A Advisory Firm Says
BusinessInnisfree M&A sues Twitter for $1.9 million Source link
Rupert Murdoch Withdraws Proposal to Merge Fox Corp. and News Corp
BusinessMedia & MarketingSpecial committees of the media companies’ boards had been reviewing Murdoch’s proposal Source link
Twitter Headquarters Landlord Sues Elon Musk’s Company, Alleging Unpaid Rent
The suit joins the other legal battles between the social-media company and vendors since Elon Musk acquired the business last...
Elevance to Acquire Louisiana Nonprofit Health Insurer
HealthThe company didn’t disclose terms of the deal, which could add roughly 1.9 million members Source link
Microsoft Responds to FTC Suit Over Activision Deal
The software giant filed court documents opposing claims that the $75 billion transaction would harm competition in the videogame industry....
Honeywell to Pay $203 Million in Settlements Over Brazil, Algeria Bribery
Honeywell International Inc. will pay nearly $203 million to resolve investigations in the U.S. and Brazil into bribes paid to...
Defense Contractor L3Harris Plans to Buy Aerojet Rocketdyne for $4.7 Billion
BusinessAerojet makes engines used in missiles, including the Javelin deployed in Ukraine Source link
Amgen Agrees to Deal to Buy Horizon Therapeutics
BusinessThe U.S. biotechnology company will pay $116.50 for each Horizon share Source link
FTC’s Move to Block Microsoft’s Deal for Activision Blizzard Came Despite Charm Offensive
TechThe software giant has said it wouldn’t block rivals from Activision games, but the agency says Microsoft had reneged on...
Penguin Random House CEO Resigns Weeks After Simon & Schuster Deal Was Blocked
BusinessMedia & MarketingMarkus Dohle had testified a merger between the two publishing giants would benefit consumers and authors, but antitrust...
FTC Sues to Block Microsoft’s Acquisition of Activision Blizzard
The antitrust enforcer sued Microsoft to prevent its planned $75 billion deal for Activision Blizzard, taking one of its biggest...
Microsoft Pledges to Put ‘Call of Duty’ on Nintendo Switch If Activision Deal Is Approved
TechThe move is the software giant’s latest concession aimed at convincing antitrust regulators in the U.S. and abroad to sign...
NRG Energy to Buy Vivint Smart Home for $2.8 Billion
MarketsDealsNRG will look to cross-sell and bundle the two companies’ energy and home-security products Source link
Kroger, Albertsons CEOs Defend Grocery Merger at Senate Hearing
The companies’ CEOs are likely to face questions on how the proposed $20 billion deal would affect competition and shoppers....
