Business
South Korea has filed a suit against an order to pay hedge fund Elliott more than $50 million in damages over the controversial 2015 merger of two Samsung affiliates, Seoul's justice ministry said Tuesday.
Jul 18, 2023
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Business
Microsoft's planned $69 billion purchase of video game company Activision Blizzard was blocked by a federal judge Tuesday, giving more time for an antitrust review of the deal.
Jun 14, 2023
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Business
A key decision over whether Donald Trump's social media platform Truth Social will merge with a cash-rich company and get $1.3 billion to take on Twitter has been put off for another month.
Sep 9, 2022
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Business
T-Mobile has laid off several workers in engineering and network jobs this week as part of a restructuring program after the company's merger with Sprint two years ago.
Sep 1, 2022
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Business
After months of back-and-forth, Spirit Airlines announced Wednesday that it was breaking off a merger with Frontier Group, opening the door to a possible takeover by JetBlue.
Jul 27, 2022
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Business
Twitter on Tuesday urged shareholders to endorse the $44 billion deal Elon Musk made to buy the online podium, setting a vote on the merger for September 13.
Jul 27, 2022
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Business
Low-cost US carrier JetBlue Airlines announced on Monday a hostile takeover bid for its rival Spirit Airlines, which had rejected a previous offer in favor of a merger with Frontier.
May 16, 2022
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Business
Spirt Airlines reiterated Monday its support for a merger with Frontier Airlines, saying it concluded a competing offer from JetBlue Airways involved excessive regulatory risk.
May 2, 2022
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Business
U.S. competition regulators have mounted an effort to tighten enforcement against illegal mergers, in line with President Joe Biden's mandate for greater scrutiny to big business combinations.
Jan 18, 2022
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Business
US anti-trust regulators signalled Wednesday greater scrutiny of Big Tech giants' smaller acquisitions, a potential new avenue in efforts to curb the dominance of the companies.
Sep 16, 2021
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