David Hoffmann has already bought 5 percent of one of America’s largest newspaper companies. Now, he wants to control the whole thing.
Category: Mergers, Acquisitions and Divestitures
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Washington Post C.E.O. Elevates Deal-Making to a Top Priority
Will Lewis has said that he has a mandate from the paper’s owner, Jeff Bezos, to grow the business, including through acquisitions.
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Profits Leap at Goldman Sachs as Banks See Steady Economy
The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.
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The Trump-Harris Election Is Creating Anxiety on Wall Street
Among deal makers with fortunes at stake, the consequences of a Harris or a Trump win are increasingly murky.
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Hodinkee, the Watch Site, Is Sold to Watches of Switzerland
Neither Benjamin Clymer, its founder, nor the Watches of Switzerland Group would disclose terms, but they stressed that coverage would continue to be independent.
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F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its board.
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DirecTV Strikes Deal to Acquire Dish Network
The deal, which is subject to regulatory approval, would create one of the largest pay-TV distributors in the U.S. The companies were blocked in an attempt to merge in 2002.
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Why Stellantis, Owner of Chrysler, Jeep and Ram, Is Struggling
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
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Can Lina Khan Hold On?
Ms. Khan’s term as the chair of the Federal Trade Commission ended Wednesday. In a wide-ranging interview, she discussed her aggressive approach to antitrust and its critics.
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Top Bidder for Citgo Is Elliott Management, Court Master Says
The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the government of Venezuela, which owns Citgo.
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Talks Between European Banks May Kick-Start More Cross-Border Deals
Investors are cheering a possible tie-up between UniCredit of Italy and Germany’s Commerzbank, but politics may stand in the way.