With a proposed sale stalled seven months after it was announced, a financially strapped Premier League team is seeking a backup plan.
Category: Mergers, Acquisitions and Divestitures
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Sony in Talks to Join a Bid to Buy Paramount
The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.
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Hipgnosis Agrees to $1.4 Billion Deal to Sell to Concord
Hipgnosis, which owns the rights to songs by Justin Bieber and Neil Young, helped kick-start a rush on catalog sales. But its future has been in doubt.
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TikTok Bill Is Bundled With Aid to Ukraine and Israel
A new House measure attempts to force the Senate’s hand on passing legislation to ban TikTok or mandate the app’s sale.
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F.T.C. Said to Consider Blocking Major Fashion Merger
Regulators are expected to meet next week to discuss the $8.5 billion deal between Coach’s owner, Tapestry, and Michael Kors’ parent company, Capri Holdings, which would create a U.S. luxury conglomerate.
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Biden’s Trade Moves Raise Tensions With China and Japan but Draw Cheers at Home
The president’s efforts to restrict Chinese imports and block a Japanese steel merger have pleased labor unions and sent a message to rival Donald J. Trump.
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Spirit Airlines Will Delay Plane Purchases and Furlough Pilots
The low-cost airline, which has been unprofitable for four years, is trying to reduce costs after a federal judge blocked a proposed deal for JetBlue to acquire Spirit.
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Some of Trump’s Biggest Political Backers Also Threw Trump Media a Lifeline
Two billionaires, a wealthy election denier and a mysterious Russia-linked trust invested in the Trump company long before it went public.
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A Looming Question for Paramount’s Board: How to Navigate Shari Redstone
The board of directors has to walk a fine line, looking out for investors without running afoul of Ms. Redstone, the company’s most influential shareholder.
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Apollo Valued Paramount at $26 Billion in Overture That Was Ignored
Paramount’s board of directors, which was already deep into talks with the media company Skydance, didn’t engage with the offer.