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.
Category: Mergers, Acquisitions and Divestitures
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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.
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National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.
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Nordstrom to Be Taken Private By Founding Family and El Puerto de Liverpool
The business will be acquired by members of the family and El Puerto de Liverpool, a Mexican real estate and department store company that has owned a stake in Nordstrom since 2022.
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Deal Makers See a Rebound in 2025 as Trump Returns to Power
It was another down year for mergers and acquisitions, but Wall Street is optimistic that the lengthy lull is coming to an end.
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Honda and Nissan Unveil Merger Talks as Global Competition Bears Down
Japan’s second- and third-largest automakers hope the deal can help them catch up with Tesla and China’s BYD in electric vehicles and advanced software.
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Google Proposes Fix to Solve Search Monopoly
The search giant’s proposals included allowing flexibility for companies and consumers in choosing a search engine.
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A 7-Eleven Heir’s $50 Billion Fight to Keep the Company in the Family
A battle for control of the chain shows how traditional business models embraced by family owners are clashing with a more shareholder-centric approach.
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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.
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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.
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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.