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.
Category: Mergers, Acquisitions and Divestitures
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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.
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Intel’s Chips Are on the Table
Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep an eye on any deal in such a strategically important sector.
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Motel 6 Is Sold to Oyo, an Indian Hotel Company Expanding in the U.S.
A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million in an all-cash deal.
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Amazon Joins Motion Picture Association
The Motion Picture Association has been wooing the company for years. The addition gives the group a lot more muscle.
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Axel Springer Strikes Deal With KKR to Split Up Publishing Giant
The deal values all of Axel Springer at roughly $15 billion, with the company’s publishing assets worth about $4 billion.
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TelevisaUnivision Considers Replacing CEO Wade Davis
Wade Davis led an acquisition of Univision in 2020, buying out a consortium of private-equity owners.