TikTok on Monday pushed back against a law that would force the popular video app to sell to a non-Chinese owner or be banned, in what is shaping up to be a landmark case.
Category: Mergers, Acquisitions and Divestitures
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Biden Administration Is Likely to Delay Decision Over U.S. Steel
The White House has faced backlash for politicizing its review of Nippon Steel’s takeover of the company.
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Miami Dolphins Deal Talks Gain Momentum
Owner Stephen Ross is talking to private equity firms after the N.F.L. changed the rules on what types of investors can buy into the league.
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DirecTV’s Dispute With Disney Shows Why Satellite TV Is in Trouble
While the cable TV business is declining quickly, satellite TV is decaying even faster.
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PGA Tour Meets With Saudi Fund in New York to Discuss LIV Golf Deal
More than a year has passed since the tour agreed to a deal with LIV Golf, but there is some hope an in-person gathering in New York could create momentum.
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The Spectator Magazine Sold to Paul Marshall, a U.K. Hedge Fund Tycoon
Paul Marshall, a multimillionaire founder and investor in upstart conservative media outlets, has bought the right-wing magazine in a deal worth more $131 million.
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Just Miles from Kroger’s Court Battle, a Food Desert Shows What’s at Stake
Federal regulators are trying to block Kroger’s merger with Albertsons. In a Portland suburb, residents already know what deteriorating access to fresh food looks like.
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Google’s Ad Technology to Be Challenged in Second Antitrust Trial
In a second antitrust trial that starts on Monday, the Justice Department has called for a breakup of the tech giant, which it says controls the vast majority of online advertising.
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The Big Number: $3.8 Billion
The amount offered by Nordstrom’s founding family to buy its namesake retailer.