A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.
Category: Mergers, Acquisitions and Divestitures
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Warner Bros. Investors Approve Deal With Paramount
The vote brings the tech scion David Ellison one step closer to uniting some of the world’s biggest news and entertainment properties.
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The Consequences of SpaceX’s Latest A.I. Moonshot
Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.
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SpaceX Strikes Deal With Cursor for $60 Billion
The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.
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Hollywood Talent Giant Draws Suitors Amid Epstein Fallout
Formerly known as Wasserman, the agency that has changed its name to The Team put itself up for sale after its founder’s emails surfaced in the Epstein files.
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Federal Court Temporarily Freezes Nexstar’s Merger With Tegna
The judge said the two television companies could not combine operations while an antitrust lawsuit proceeded. Nexstar said its deal was already done.
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American Airlines Says It Won’t Merge With United
American issued the statement after news reports that United Airlines’ chief executive had discussed the idea with the Trump administration.
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Sazerac Prepares $15 Billion Cash Offer for Maker of Jack Daniel’s
The Kentucky spirits company’s bid for Brown-Forman comes as the industry is being buffeted by a decline in alcohol consumption.
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Ellison Pledges at Least 30 Paramount-Warner Movies a Year
His remarks at a movie theater convention were part of a campaign to win Hollywood support for his bid to buy Warner Bros. Discovery.