Comcast said it plans to spin off its big media division from its core broadband operations. That could lead to some big-ticket deal-making.
Category: Mergers, Acquisitions and Divestitures
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Could Comcast and NBCUniversal Do Deals After They Break Up?
The New York Times – Business: -
For New Car Brands, the Path to Success Is Littered With Flops
The New York Times – Business:Honda and Sony have bailed on Afeela, their joint E.V. project, without selling a single car. Subbrands from big automakers have a shaky track record, but leaning into luxury can help.
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Eli Lilly to Buy 3 Vaccine Developers
The New York Times – Business:The drugmaker said it would spend up to $4 billion to acquire small companies exploring vaccines for shingles, Epstein-Barr virus and other pathogens.
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James Murdoch Buys Half of Vox Media
The New York Times – Business:The media scion is buying Vox Media’s podcast network, New York magazine and Vox.com for more than $300 million.
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Rising Energy Costs and Data Centers at Heart of NextEra’s Dominion Bid
The New York Times – Business:NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power from utilities.
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NextEra Energy Said to Be in Talks to Acquire Dominion, Creating a Utility Giant
The New York Times – Business:A deal, involving the utilities in Florida and Virginia, would come as demand for power is soaring, largely because of the rapid growth of A.I. data centers.
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Trump Announces Boeing Jet Order From China. Beijing Stays Silent.
The New York Times – Business:The deal, if it materializes, would be a major win for Boeing, which has lost ground to Airbus in one of the world’s largest aviation markets.
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The Met Will Expand by Merging With the Nearby Neue Galerie
The New York Times – Business:Beginning in 2028, the Metropolitan Museum of Art will own the Neue’s Fifth Avenue home and the prestige collection of 20th-century Austrian and German art built by Ronald S. Lauder.
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Mamdani Urges State to Block Western Union’s Deal for Intermex
The New York Times – Business:New York City’s mayor said the company’s proposed acquisition of Intermex could make it costlier for immigrants to send money abroad.
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EBay, the Old-School E-Commerce Site, Finds Its Place in Modern Retail
The New York Times – Business:The online marketplace has remade itself by focusing on collectibles and other high-end goods — and attracted an unwelcome takeover bid from GameStop.
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EBay Rejects GameStop’s $55 Billion Takeover Bid
The New York Times – Business:The online marketplace eBay called the cash-and-stock proposal “neither credible nor attractive.”
