A potential merger could bolster their streaming businesses and negotiating power with cable operators. But their crushing debt load could be a turn-off.
Category: Mergers, Acquisitions and Divestitures
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Choice Hotel Franchise Owners Push Back on Merger With Wyndham
Franchisees are fighting Choice Hotels’ attempted takeover of its biggest rival, which would create a dominant player in the budget hotel sector.
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Warner Bros. Discovery in Talks to Merge With Paramount
The talks, which are said to be in the early stages, add Warner Bros. Discovery to the list of companies pursuing a possible deal with Paramount.
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Lawmakers Criticize the U.S. Steel Deal Over National Security
Democrats and Republicans alike are questioning the wisdom of allowing an American industrial icon to fall into foreign hands.
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Monsanto Should Pay $857 Million in PCB Case, Jury Finds
Students and parent volunteers from a school in Washington State said in a lawsuit that they had become sick after being exposed to chemicals known as PCBs that had dripped from light fixtures.
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Adobe Scraps Its $20 Billion Takeover of Figma
Adobe will pay a $1 billion breakup fee to the design software maker, amid greater antitrust scrutiny of mergers.
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U.S. Steel Bought by Japanese Rival, Ending Long Takeover Saga
The $14.1 billion deal comes after months of uncertainty about the future of the century-old steel maker.
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Gene-Sequencing Company Illumina to Sell Cancer Test Developer
The move came two days after a court upheld the Federal Trade Commission’s challenge to the deal on antitrust grounds.
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Mother Jones to Merge With the Center for Investigative Reporting
The combined newsroom will have more than 70 people.
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Punchbowl News Strikes Deal to Buy Data Start-Up
The congressional news start-up is doubling down on information for its audience of Capitol Hill obsessives.
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Occidental Is Latest Oil Company to Buy a Smaller Producer
The oil company said it would buy CrownRock, a smaller producer, for $12 billion just weeks after Exxon Mobil and Chevron announced acquisitions.