The multibillion-dollar deal will reverse a decision the plane maker made two decades ago to outsource production of key parts to independent suppliers.
Category: Mergers, Acquisitions and Divestitures
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Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian
VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.
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Boeing Is Said to Offer Stock to Buy Spirit, Preserving Cash Amid Struggles
The plane maker is expected to soon strike a deal to acquire most of the operations of Spirit AeroSystems, a troubled supplier that makes the bodies of the 737 Max.
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How Pet Care Became a Big Business
People have grown more attached to their pets — and more willing to spend money on them — turning animal medicine into a high-tech industry worth billions.
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American Express Buys Tock to Pursue Customers Shelling Out on Dining
The credit card company acquired Tock, a restaurant reservation company, after buying its rival, Resy, in 2019.
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Sony Pictures Acquires Alamo Drafthouse in Lifeline to Cinema Chain
The deal is the first time in half a century that a traditional Hollywood studio will own a movie theater chain.
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Why the Paramount Deal Talks Failed
After months of negotiations, Shari Redstone walked away from a tie-up with SkyDance. Here’s how a plan to reshape the media conglomerate broke apart.
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Paramount’s Deal With Skydance Falls Apart
There were several hitches in the last week as Skydance, Paramount and its parent company, National Amusements, reached the final stages of negotiations
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Mike Lynch, U.K. Tech Mogul, Is Acquitted of Fraud
Mr. Lynch, who was accused of defrauding Hewlett-Packard after it paid $11 billion for his software company, spent a decade working to clear his name.
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How the Humane AI Pin Flopped
Humane’s Ai Pin was supposed to free people from smartphones, but sales have been slow. Now Humane is talking to HP and others about a potential sale.
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U.S. Clears Way for Antitrust Inquiries of Nvidia, Microsoft and OpenAI
The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.
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Dollar Tree Explores Sale of Family Dollar
Family Dollar has struggled with its operations in recent years, and Dollar Tree said in March that it would close nearly 1,000 of the stores.