Mergers, Acquisitions and Divestitures – Page 130

Third Black-Owned Company Emerges as Suitor for BET

Black Entertainment Television made the first Black billionaire in the United States. Will a Black executive buy it back?

By Benjamin Mullin

Antitrust Laws and Competition Issues JetBlue Airways Corporation Justice Department Mergers, Acquisitions and Divestitures Prices (Fares, Fees and Rates) Spirit Airlines Suits and Litigation (Civil) United States

Justice Department Sues to Block JetBlue’s Acquisition of Spirit

Antitrust regulators said the deal would reduce competition and raise fares. The companies claim it would allow them to better compete against the biggest U.S. airlines.

By Niraj Chokshi

CVC Capital Partners Foreign Investments Mergers, Acquisitions and Divestitures Simon, Steve (1955- ) Tennis Women's Tennis Assn

CVC Capital Partners Will Invest $150 Million in WTA

CVC Capital Partners, the former owner of Formula 1, will take a 20 percent stake in a commercial subsidiary as the tour seeks to expand its marketing of events and players and increase prize money.

By Christopher Clarey

Antitrust Laws and Competition Issues JetBlue Airways Corporation Justice Department Mergers, Acquisitions and Divestitures Spirit Airlines Suits and Litigation (Civil) Transport Workers Union Transportation Department (US)

JetBlue Expects U.S. Move to Block Merger With Spirit

JetBlue said it saw a “high likelihood” of an antitrust suit by the Justice Department this week, but declared that the deal would foster competition.

By Niraj Chokshi