A tiny group of lawmakers huddled in private about a year ago, aiming to keep the discussions away from TikTok lobbyists while bulletproofing a bill that could ban the app.
Category: Mergers, Acquisitions and Divestitures
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In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.
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FTC Sues to Block $8.5 Billion Tapestry-Capri Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.
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F.T.C. Sues to Block $8.5 Billion Fashion Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.
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Everton Is Back on Market as Deal With 777 Partners Falters
With a proposed sale stalled seven months after it was announced, a financially strapped Premier League team is seeking a backup plan.
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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.