Category: Mergers, Acquisitions and Divestitures

Trump Media Merger Is Approved, Providing Fresh Source of Cash

The deal will pump money into Trump Media, which will allow Truth Social to keep operating. Mr. Trump’s personal stake in the company will be worth more than $3 billion on paper.
The Trustbuster Who Has Apple and Google in His Sights

Jonathan Kanter, the head of the Justice Department’s antitrust division, made his boldest move on Thursday by accusing Apple of antitrust violations.
Merger of Trump’s Social Media Firm Could Provide Him Needed Cash

The former president’s social media company is finally set to go public. Mr. Trump could borrow against the value of his stake in the company.
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.
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.
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.
Americans Invested Billions in Chinese Companies. Now Their Money Is Stuck.

TikTok’s turn in geopolitical cross hairs highlights the narrowing paths to liquidity for investments in Chinese companies.
TikTok Bill’s Progress Slows in the Senate

Legislation to force TikTok’s Chinese owner to sell the app or have it banned in the United States sailed through the House, but the Senate has no plans to move hastily.
What China Is Saying About the TikTok Furor in Washington

A bill to force TikTok’s sale in the United States has been criticized by Beijing but has not triggered a high-alert public response or retaliation.
Young Entrepreneurs Find a Way to Indulge Their C.E.O. Dreams

Fresh business school graduates are raising “search funds” from willing investors to buy companies they can lead.
House Passes Bill to Force TikTok Sale From Chinese Owner or Ban the App

The legislation received wide bipartisan support, with both Republicans and Democrats showing an eagerness to appear tough on China.
China Condemns U.S. Proposal to Force the Sale of TikTok

The foreign ministry accused Washington of “resorting to hegemonic moves” ahead of House vote on a bill aimed at ByteDance, TikTok’s Chinese parent company.