The 92-year-old media tycoon is set to become chairman emeritus of Fox and News Corporation, but he still wields considerable power over the empire he built.
Category: Mergers, Acquisitions and Divestitures
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FTC Sues Anesthesia Group Backed by Private Equity, Claiming Antitrust
The federal agency claims the company’s practices amount to antitrust activity, a new salvo in the government’s scrutiny of health care consolidation that has led to higher prices.
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FTC Sues Anesthesia Group Backed by Private Equity, Claiming Antitrust
The federal agency claims the company’s practices amount to antitrust activity, a new salvo in the government’s scrutiny of health care consolidation that has led to higher prices.
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Cisco to Buy Splunk, a Software Company, for $28 Billion
The largest deal Cisco has ever announced moves it further away from its roots in network hardware and into higher-margin software subscriptions.
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Wasserman Buys Brillstein, Merging Sports and Entertainment
Casey Wasserman had long pledged to stay away from the traditional entertainment business, but he said a new media landscape changed his thinking.
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LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?
With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.
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Arm, the Chip Designer, Raises $4.87 Billion in the Year’s Largest I.P.O.
Arm’s return to public markets is being watched, by both Wall Street and Silicon Valley, as a barometer of investor appetite for new tech offerings.
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SoftBank Needs a Hit, and It’s Betting on Arm
Softbank’s chief executive, Masayoshi Son, believes the chip design company he bought in 2016 is poised to reap the fruits of the A.I. revolution.
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Smucker’s Buys Twinkie Owner Hostess Brands for $5.6 Billion
J.M. Smucker, the maker of jellies, Jif peanut butter and Uncrustables, agreed to take over Hostess Brands, adding Twinkies, Ho Hos and Ding Dongs to its portfolio of snacks.
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Head of Luxury Goods Maker Kering Buys Majority Stake in Talent Agency CAA
The deal for Creative Artists Agency by François-Henri Pinault’s family office reflects the growing convergence of celebrities and fashion.