Figma, which makes a design platform, had been on the verge of a $20 billion sale before regulators quashed the deal. On Thursday, it went public, with the stock soaring 158 percent on its first trade.
Category: Mergers, Acquisitions and Divestitures
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Are Cracks Appearing in Trump’s Antitrust Strategy?
Two top officials are reportedly out of a job, amid reported disagreements within the Justice Department over how it regulates deals.
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Union Pacific to Buy Norfolk Southern in $85 Billion Railroad Deal
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.
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How Will David Ellison Tackle the Big Problems at Paramount?
The cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges.
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How Will David Ellison Tackle the Big Problems at Paramount?
The cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges.
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As Consumers Lose Their Appetite, Food Brands Fight to Keep Wall St. Happy
Packaged food companies are struggling to adjust — and profit — as tastes, waistlines and wallets change.
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F.C.C. Approves Skydance’s Merger With Paramount
The agency’s blessing was one of the last hurdles for the deal, which was being subjected to close scrutiny by the Trump administration.
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CBS News Names Tanya Simon Executive Producer for ’60 Minutes’
Tanya Simon, who has worked on the show for over two decades, will take over at a time of significant change for the network.
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Alden Global Capital Makes a Play for The Dallas Morning News
The investment firm’s MediaNews Group, the country’s second-largest newspaper publisher, put in a bid for the publication nearly two weeks after Hearst agreed to buy it.
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Mike Lynch’s Estate Ordered to Pay Hewlett Packard $945 Million
The technology giant had accused the British mogul, who died last year when his yacht sank, of fraud in the sale of his company in 2011.
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Wall Street Wants to Make Private Markets a Little More Public
As value grows in private markets, fund managers, brokerage houses, and savvy start-ups are building products that aim to expand access to them.
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Chevron Wins Green Light to Buy Into One of World’s Hottest Oil Projects
An arbitrator cleared the way for Chevron to buy Hess, allowing the energy giant to acquire a piece of one of the most promising oil projects in the world.