Category: Mergers, Acquisitions and Divestitures

Sunkist Fruit Gems, Staple Candy of Bar Mitzvah Tradition, Are Discontinued

The New York Times – Business:
The jelly candies were a staple at bar and bat mitzvahs and other Jewish celebrations for generations.
Sony, A24 and the New York Times Company Circle Letterboxd

The New York Times – Business:
A24, Sony and The New York Times Company all registered their interest in acquiring the cinephile’s paradise.
How Paramount Won Warner Bros.

The New York Times – Business:
Inside the settlement talks between the media mogul David Ellison and the coalition of states seeking to block his $111 billion deal.
What’s Next for Paramount

The New York Times – Business:
Hollywood watchers believe the studio prevailed over states seeking to block its deal for Warner Bros. Discovery. It’s now free to reshape the media industry.
The ‘Kid’ Takes Over: David Ellison Becomes a Hollywood Colossus

The New York Times – Business:
With Paramount and Warner Bros. under his control, Mr. Ellison will be “the Hollywood equivalent of Superman, Caesar and Midas combined.” But challenges remain.
CNN’s Future Will Include an Editorial Oversight Board

The New York Times – Business:
The looming ownership of the network by David Ellison has caused anxiety in its newsroom for months.
After Crucial Paramount Agreement Come Relief, Anger and Concern

The New York Times – Movies:
Few seem totally satisfied by the settlement that will let Paramount’s $111 billion acquisition of Warner Bros. Discovery move forward.
Paramount to Resolve Antitrust Lawsuit, Clearing the Way for Warner Bros. Acquisition

The New York Times – Business:
The deal would remove the last significant hurdle the media mogul David Ellison faced to create a news and entertainment empire, home to movie studios, HBO, CBS and CNN.
As the Rich Buy Bigger Boats, Private Equity Is Investing in the Booming Marina Business

The New York Times – Business:
The private equity firm Blackstone now owns more marinas than anyone in the world.
Paramount Weighs Some Concessions in Bid to Finalize Warner Bros. Merger

The New York Times – Business:
Seeking to settle a lawsuit with 12 states, Paramount has discussed measures to protect the editorial independence of CNN and the divestiture of Comedy Central.
Justice Dept. Investigates Nvidia Deal With Groq

The New York Times – Business:
The Justice Department is examining whether the tech giant sought to sidestep antitrust scrutiny.
Nvidia Extends A.I. Spending Spree With $12.9 Billion Deal for Hugging Face

The New York Times – Business:
The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.