The House plans to vote on Wednesday on a bill that would force TikTok’s Chinese parent to sell the popular social media app.
Category: Mergers, Acquisitions and Divestitures
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In Silicon Valley, Venture Capital Meets a Generational Shift
Big-name investors such as Reid Hoffman and Michael Moritz are pulling back, creating room for a new generation of tech power brokers.
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Deadspin Sells to European Media Company, Leaving Staff Behind
The new owner, Lineup Publishing, will not be bringing on any of the sports website’s existing staff members.
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JetBlue and Spirit Call Off Their Merger
JetBlue said it would pay Spirit $69 million to terminate the $3.8 billion deal, which had been blocked by federal antitrust regulators.
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Boeing in Talks to Buy Spirit AeroSystems, a Struggling Supplier
Under pressure to improve safety, Boeing may reassume ownership of Spirit, which makes the bodies of the troubled 737 Max planes.
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Exxon Raises Questions About Chevron’s $53 Billion Deal for Hess
Exxon may try to upend its rival’s megadeal. The prize is a 30 percent stake in the oil-rich fields off the coast of Guyana.
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The F.T.C. Boosts Biden’s Fight Against Inflation
The regulator’s move to block Kroger’s $25 billion bid for Albertsons could win the president points with voters squeezed by rising prices.
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An Emboldened F.T.C. Bolsters Biden’s Efforts to Address Inflation
With few unilateral options and little hope of legislation from Congress, the president’s early investment in competition policy could pay a political dividend.