Category: Mergers, Acquisitions and Divestitures

Chinese Auto Giants Dongfeng and Changan Are in Talks to Merge

The state-owned automakers, longtime joint venture partners of Ford and Nissan, might combine operations as Beijing consolidates its sprawling car sector.
Elon Musk Says He Has Sold X to His A.I. Start-Up xAI

The deal combined two of Mr. Musk’s companies, which have been on different trajectories. The transaction valued xAI at $80 billion and X at $30 billion, the billionaire said.
Blackstone Considers Small Investment in TikTok

The private equity giant is considering investing as the video app works to follow a law that requires it to separate from its Chinese owner, ByteDance, by next week.
Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition

Federal prosecutors convinced a jury that Ms. Javice faked much of her customer list before selling her start-up, Frank, to the bank.
Dollar Tree Is Selling Family Dollar for $1 Billion

Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.
TikTok Ads Portray App as Force for Good as US Ban Looms

The popular video app, which could be banned in the United States next month if it is not sold to a non-Chinese owner, is portraying itself as a savior of Americans and a champion of small businesses in a new campaign.
Robert Denham, Lawyer Who Steered Companies Through Crises, Dies at 79

Among his rescues was teaming up with Warren Buffett to keep the investment bank Salomon Brothers afloat amid a bid-rigging scandal in the 1990s.
Ben & Jerry’s Accuses Unilever of Firing Its C.E.O. for Political Reasons

Ben & Jerry’s said in a court filing that its parent company had ousted its chief executive, David Stever, without approval from the ice cream maker’s board.
Oracle’s Role in TikTok’s Future Gets Capitol Hill Scrutiny

Top congressional aides met with Oracle on Tuesday to talk about TikTok, which faces a ban in the United States unless it is sold to a non-Chinese owner by early April.
Deal Makers Restaff for the Trump Era

Clients increasingly want to know how to navigate shifting diplomatic alliances, unexpected conflicts and an unpredictable American administration.
Herman Graf, Who Helped Sell ‘Tropic of Cancer,’ Dies at 91

A major figure in independent publishing, he promoted Henry Miller’s once-banned book and helped make “A Confederacy of Dunces” a best seller after the author’s death.
CrossFit Is for Sale Again Amid Years of Shake-Ups

The search for new owners comes after a tumultuous five years for the fitness company, including an athlete death and financial concerns.