The Federal Trade Commission notched a victory in its efforts to block the supermarket merger over concerns about harm to shoppers and workers.
Category: Mergers, Acquisitions and Divestitures
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Omnicom and Interpublic to Merge, Creating Ad Agency Giant
If they combine, Omnicom and Interpublic would become the largest advertising company in the world.
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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.
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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.
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BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.
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The ‘Rocket Docket’ Judge Who Will Decide the Fate of Google’s Ad Technology
The ruling by a federal judge, Leonie Brinkema, in an antitrust case over Google’s advertising technology could add to the internet company’s woes.
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DirecTV Calls Off Plans to Acquire Dish Network
The deal, which would have created one of the largest pay-TV providers in the United States, fell apart after strong objections from Dish’s lenders.
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Is the Biden Administration Coming for Chrome?
The Justice Department is reportedly targeting Google’s web browser as its antitrust enforcers seek to cement a major win before Donald Trump takes office.