The British family that has for decades held complete control over everything involving the globe-trotting superspy is relinquishing it to Amazon.
Category: Mergers, Acquisitions and Divestitures
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PGA Tour and LIV Golf Look for Merger Deal Under Trump
A tie-up involving the tour and LIV Golf was stalled under President Biden. They’re aiming to forge a new agreement under President Trump.
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HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.
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OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk and other investors had offered $97.4 billion earlier this week.
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Inside the Murdochs’ Succession Drama
More than 3,000 pages of documents reveal how years of betrayals led to a messy court battle that threatens the future of Rupert’s empire.
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Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission
In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to change its structure.
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Behind Elon Musk’s Hostile Bid for Control of OpenAI
The tech mogul is unlikely to win. But his goal may be more about making life difficult for the A.I. start-up and its leader, Sam Altman.
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Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.
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Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.
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Honda and Nissan Merger Talks in Peril
Two of Japan’s largest automakers have been in talks to combine their operations to form one of the world’s biggest car groups.
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Samuel Butler, Lawyer Who Helped Create Corporate Giants, Dies at 94
Leading the elite Wall Street firm Cravath, he became a go-to adviser on mergers and acquisitions — “all the big deals that were going on in the ’80s and ’90s.”