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.
Category: Mergers, Acquisitions and Divestitures
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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.
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Deal Talks Between Paramount and Skydance Heat Up
David Ellison, the founder of the Skydance media company, met with Paramount’s board of directors late last month to discuss the deal.
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Silver Lake to Take Endeavor Private, Valuing the Company at $13 Billion
Silver Lake, the investment company, will buy shares in the Hollywood and sports firm that it doesn’t already own, valuing Endeavor at $13 billion.
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Sports Illustrated’s Owner Sues Energy Drink Mogul After Chaos at Magazine
Authentic Brands Group, which owns Sports Illustrated, is accusing Manoj Bhargava of failing to pay millions of dollars for the rights to publish the magazine.
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Sports Illustrated’s Owner Sues Energy Drink Mogul After Chaos at Magazine
Authentic Brands Group, which owns Sports Illustrated, is accusing Manoj Bhargava of failing to pay millions of dollars for the rights to publish the magazine.