Latest in Merger Sweetener Billion
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Mulberry's Majority Shareholder Rejects Sweetened Bid From Frasers
The British luxury brand’s majority shareholder declined a sweetened offer from Frasers Group to take full ownership for $94.1 million.Business - The Wall Street Journal - October 14 -
Boeing, union reach sweetened contract offer in bid to end strike, vote scheduled for Monday
The unionized machinists walked off the job on Sept. 13, halting most of Boeing's aircraft production.Business - CNBC - 3 hours ago -
Why European bank mergers are back on the table
Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remainBusiness - Financial Times - October 18 -
Frontier, Spirit Airlines Revive Merger Talks
The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.Business - The Wall Street Journal - October 23 -
Tapestry-Capri Fashion Merger Is Blocked by Judge
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.Business - The New York Times - October 24 -
Microsoft Settles Lawsuit With Gamers Over Activision Blizzard Merger
When Microsoft announced its plans to buy Activision Blizzard in 2022 , it set off multiple lawsuits including a battle with the FTC that attempted to block the deal. Microsoft triumphed in that ...Tech - GameSpot - October 15 -
Nippon Steel spends whopping $1.3M on lobbying amid merger threat
The Japanese steelmaker Nippon Steel paid its primary lobbying firm $1.3 million during a dangerous period for its proposed acquisition of U.S. Steel over the summer. From July through September, ...Politics - The Hill - October 21 -
Frontier reportedly considering renewed merger talks with Spirit Airlines
More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.Business - MarketWatch - October 23 -
Michael Kors owner Capri’s shares crater after $8.5bn merger blocked
Decision is a win for antitrust regulators who argued deal with Kate Spade owner Tapestry would strangle competitionBusiness - Financial Times - 6 days ago -
Merger between makers of Coach and Michael Kors handbags halted by judge
Merger between luxury handbag makers would reduce competition and hurt consumers, U.S. District judge says.Top stories - CBS News - 6 days ago -
Drake Maye became second QB ever to achieve this feat since NFL merger
Sunday's loss in London was a bad one for the Patriots, but rookie quarterback Drake Maye did make some NFL history (in a good way).Sports - Yahoo Sports - October 21 -
Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.Business - MarketWatch - October 25 -
Colts' Anthony Richardson has been most boom-or-bust quarterback since merger; will he turn it around?
Richardson was benched for Joe Flacco on Tuesday amid his early-season strugglesSports - CBS Sports - 2 days ago -
Pringles, Cheez-It parent Kellanova marches on toward Mars merger with another profit beat
Kellanova beat profit expectations for a 15th straight quarter, ahead of its $36 billion merger with Mars.Business - MarketWatch - 10 hours ago -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - 4 days ago -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - 4 days ago -
Steve and Connie Ballmer on Ballmer Group
In a 60 Minutes interview, former Microsoft CEO and LA Clippers owner Steve Ballmer and his wife Connie share their vision for philanthropy and address whether they'd ever be in the market for ...Top stories - CBS News - October 13 -
OpenAI’s Journey to $157 Billion Chronicled in Documents
OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.Business - Inc. - October 13 -
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Singapore to Halt $1.7 Billion Allianz Deal
The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz to buy a majority stake in Singapore insurance company Income Insurance.Business - The Wall Street Journal - October 14 -