Trump Media attracted a frenzy of interest on its first day of trading, and is now worth nearly $8 billion. Here are the basics of what’s happening.
Category: Mergers, Acquisitions and Divestitures
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Higher Bid, and National Security Concerns, for Vista Outdoor
MNC Capital has raised its takeover offer for Vista Outdoor, the owner of Remington ammunition — and amplified worries about a non-American rival bidder.
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Big Republican Donor Jeff Yass Owned Shares in Trump Media Merger Partner
The billionaire Wall Street financier is also a major investor in ByteDance, the Chinese parent company of TikTok, which faces a possible ban in the United States.
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Hiring Suleyman Extends Microsoft’s AI Lead
Hiring Mustafa Suleyman, the DeepMind co-founder, is a coup for the tech giant’s ambitions. But regulators may be skeptical.
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Unilever to Spin Off Ben & Jerry’s and Cut 7,500 Jobs
The consumer goods giant said the moves would make for a “simpler, more focused company” as consumers trade down to cheaper brands amid high inflation.
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James D. Robinson III, Former Chief of American Express, Dies at 88
He led the company from 1977 to 1993 and helped transform Wall Street into a more competitive financial marketplace.