When asked about whether President-elect Donald Trump would prevent a TikTok ban in the United States, a spokeswoman told The New York Times: “He will deliver.”
Category: Mergers, Acquisitions and Divestitures
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Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
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US Regulators Seek to Block UnitedHealth’s $3.3 Billion Purchase of Home Care Company
The Justice Department and four Democratic state attorneys general argued that United’s takeover would limit competition and harm consumers needing home or hospice care.
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The Big Names Angling for Roles in Trump’s Cabinet
Lobbyists are trying to connect executives with the Trump transition team, and some familiar names are in the mix for top jobs.
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How FTC Chair Lina Khan Became an Election Hot Topic
The Federal Trade Commission chair drew increasing political vitriol as the presidential vote neared. Her political future hangs in the balance.
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Why Germany Is Resisting UniCredit’s Takeover of Commerzbank
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.
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Comcast Explores Spin-Out of Cable Business
The company’s president, Mike Cavanagh, said the company was also considering finding a partner for its Peacock streaming service.
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How Trump’s Business Could Create New Conflicts If He Is Re-Elected
With business ties to foreign governments and holdings in industries overseen by federal regulators, Donald Trump would likely be the most conflicted president in U.S. history.
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Tapestry-Capri Fashion Merger Is Blocked by Judge
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.
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How Intel Got Left Behind in the A.I. Chip Boom
Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush.