Category: Mergers, Acquisitions and Divestitures

Elon Musk’s Playbook for DOGE Has a Precedent: X

Mr. Musk is wielding his X account to single out federal employees and agencies for cuts. He has used this method before.
Comcast and Warner Bros. Discovery Set the Stage for 2025 Deal-Making

Comcast and Warner Bros. Discovery are rearranging their businesses for mergers and acquisitions. Experts say the next year could transform the media industry.
BuzzFeed Strikes Deal to Sell ‘Hot Ones’ Company for $82.5 Million

The sale, to a group that includes the show’s host, Sean Evans, and Soros Fund Management, will allow BuzzFeed to pay down tens of millions of dollars in debt.
Remembering David Bonderman, a Private Equity Pioneer

A former lawyer, he cofounded the giant investment firm TPG and became known for complex deals that remade corporate America. He died on Wednesday at 82.
Albertsons Backs Out of Merger Deal After Court Rulings

The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.
Andrew Ferguson, the F.T.C.’s Next, More Deal-Friendly Chair

Andrew Ferguson is expected to go easier on mergers than the agency’s current chief, Lina Khan. But he could take a similarly tough approach to policing Big Tech.
Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger

The Federal Trade Commission notched a victory in its efforts to block the supermarket merger over concerns about harm to shoppers and workers.
TikTok Asks Court to Temporarily Pause Ban As It Looks to Supreme Court or Trump to Weigh In

The company is requesting a pause on a law that requires the app to be sold or face a ban in the United States by mid-January, aiming to buy time for the Supreme Court or the incoming Trump administration to rescue it.
Omnicom and Interpublic to Merge, Creating Ad Agency Giant

If they combine, Omnicom and Interpublic would become the largest advertising company in the world.
TikTok Faces U.S. Ban After Losing Bid to Overturn New Law

The law will ban the video app in the United States by Jan. 19 if its owner, ByteDance, does not sell it to a non-Chinese company.
Guardian Confirms Sale of The Observer to Tortoise Media

The Guardian Media Group said it had struck a deal to sell The Observer to Tortoise Media, shortly after a 48-hour strike by journalists had ended.
Guardian Journalists Strike Over Planned Sale of The Observer

Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a digital media start-up.