A new law says TikTok must be sold to a non-Chinese owner or face a ban in the United States. President Trump has thrown out a lot of options for a potential sale.
Category: Mergers, Acquisitions and Divestitures
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Paramount in Settlement Talks With Trump Over ‘60 Minutes’ Lawsuit
A settlement, if reached, would be an extraordinary concession by a major U.S. media company to a sitting president.
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U.S. Sues to Block Tech Deal in First Antitrust Action of Trump Term
The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected a lighter touch under a new administration.
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Frontier Airlines Offers to Buy Spirit Airlines, Again
Spirit, which filed for bankruptcy protection in November, called off a deal with Frontier in 2022 after receiving a higher bid from JetBlue that was ultimately thwarted by a federal judge.
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Korea Zinc Shareholder Meeting Takes a Dramatic Turn
An eventful shareholder meeting provided the latest twist in the dispute between the families whose deceased patriarchs founded the company 50 years ago.
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Divvy Homes, Once Valued at $2 Billion, Is in Talks to be Sold for Parts
The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans.