Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.
Category: Mergers, Acquisitions and Divestitures
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U.S. Oil Production Is Booming. Oil Jobs Are Not.
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago.
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Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
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Constellation Energy to Buy Power Producer Calpine
Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity by the technology industry.
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U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.
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Behind Disney’s Deal to Merge Hulu + Live TV and Fubo
The agreement ends litigation between the two companies over plans for a sports streaming service, but consumer advocates are pushing back.
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U.S. Steel and Nippon Sue Biden Over Decision to Block Deal
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.
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Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt.
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The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.
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Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.
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Why Mergers of Carmakers Like Honda and Nissan Often Falter
The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.