Puerto Rico’s Power Failures Worsen After Private Takeover
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Acquisitions/Mergers
Gieves & Hawkes, Tailor Favored by British Royalty, Secures Rescue
The Savile Row suit maker is back in British hands after five ill-fated years of Chinese ownership that threatened its...
China’s Global Port Investments Give Rise to Security Worries
Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping...
Elon Musk Sells Almost $4 Billion of Tesla Stock After Twitter Takeover
TechThe sale of 19.5 million shares this month in the electric-vehicle maker follows sales in April and August Source link
Fox Is Cleared to Buy FanDuel Stake for About $3.7 Billion
The ruling paves the way for Fox Corp. to take a bigger position in the fast-growing sports-betting industry. Source link
Penguin Random House Blocked From Acquiring Rival Publisher Simon & Schuster
A federal judge ruled in favor of the Justice Department’s antitrust challenge to the planned $2 billion merger. Source link
Elon Musk Twitter Deal Completed, CEO and CFO Immediately Fired
Elon Musk fired several Twitter Inc. executives after completing his takeover of the company, according to people familiar with the...
Comcast Takes $8.6 Billion Write-Down on Sky, Reports Revenue Dip
Comcast Corp. CMCSA 5.51% took an $8.6 billion write-down on its Sky pay-TV operations and posted a dip in third-quarter...
WSJ News Exclusive | Elon Musk’s Twitter Takeover Debt to Be Held by Banks Amid Turbulent Markets
Banks that committed to help finance Elon Musk’s takeover of Twitter Inc. plan to hold all $13 billion of debt...
Pernod Ricard to Buy Stake in Tequila Maker Backed by Country Star George Strait
Pernod Ricard SA has agreed to buy a majority stake in Codigo 1530 Tequila, a premium spirits brand backed by...
Kanye West to Buy Parler, a Libertarian Social-Media Platform, Company Says
Parler says Kanye West has agreed to buy the libertarian-leaning social network popular with conservatives, the rapper’s latest foray into...
Lego Owner to Acquire Education-Technology Firm Brainpop
Lego owner Kirkbi A/S is buying U.S. video-learning firm Brainpop for $875 million, according to the companies, as the family...
WSJ News Exclusive | Elon Musk and Twitter Discussed Price Cut to $44 Billion Takeover in Recent Weeks
Informal discussions on a possible price cut to the $44 billion Twitter deal took place on a series of calls...
Elon Musk Proposes Closing Twitter Deal on Original Terms
A lawyer for Mr. Musk communicated the proposal to Twitter’s lawyers Monday, according to a copy of a two-sentence letter...
Naver to Acquire Poshmark in Deal Valued at $1.2 Billion
Poshmark is a social marketplace for new and used clothing. Photo: Michael Nagle/Bloomberg News Updated Oct. 3, 2022 7:47 pm...
FTC Probes Market Power of One of Country’s Biggest Anesthesia Providers
WASHINGTON—The Federal Trade Commission is investigating one of the country’s largest anesthesiology providers, U.S. Anesthesia Partners, over whether it has...
Twitter Co-Founder Dorsey Tried to Smooth the Way for Musk, Agrawal, Messages Show
Twitter Inc. co-founder Jack Dorsey tried to facilitate Elon Musk’s relationship with Twitter’s chief executive officer a day after the...
Biogen Agrees to Pay $900 Million Over Alleged Improper Physician Payments
Biogen Inc. agreed to pay $900 million to settle allegations that it paid kickbacks to doctors to induce them to...
Germany to Nationalize Ailing Uniper After Russian Natural-Gas Cuts
BERLIN—Germany will nationalize Uniper, UN01 -29.89% seeking to save the country’s largest gas importer that was hit hard by Russian...
Judge Rejects Antitrust Challenge to UnitedHealth Acquisition
WASHINGTON—A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group Inc.’s $13 billion acquisition of health-technology...
