Category: Mergers, Acquisitions and Divestitures

Sam Zell, 81, Tycoon Whose Big Newspaper Venture Went Bust, Dies

With a fortune made in real estate, he went into the media business in a landmark leveraged buyout of the Tribune Company in 2007. Bankruptcy ensued.
U.S. Sues to Block Amgen’s $27.8 Billion Takeover of Horizon Therapeutics

The Federal Trade Commission said the deal would enable Amgen to “entrench” the monopoly positions of two Horizon drugs that lack competition.
E.U. Approves Microsoft’s $69 Billion Deal for Activision

The green light follows objections to the blockbuster deal by American and British regulators on the grounds that it would undercut competition.
Vice Media Files for Bankruptcy

Vice, which had wooed media giants, has struggled to adjust to the punishing realities of digital publishing. A group of creditors could buy Vice for $225 million.
Dan Snyder to Proceed With Sale of Washington Commanders to Josh Harris

The embattled N.F.L. owner had reached a $6 billion deal in April with a group led by Harris but continued to seek higher bids. The franchise’s sale could be approved by the league at the end of this month.
Corporate Giants Buy Up Primary Care Practices at Rapid Pace

Large health insurers and other companies are especially keen on doctors’ groups that care for patients in private Medicare plans.
Goldman Says U.S. Is Investigating Its Work for Silicon Valley Bank

Hired to help with a capital raise, Goldman Sachs advised SVB to make a move that provoked a public panic and ended with the smaller bank collapsing.
How JPMorgan Became Banking’s Regular Rescuer

The largest bank is also the only one whose stability hasn’t been questioned. Its C.E.O. makes sure of that.
Late-Night Negotiating Frenzy Left First Republic in JPMorgan’s Control

The resolution of First Republic Bank came after a frantic night of deal making by government officials and executives at the country’s biggest bank.
A Timeline of How the Banking Crisis Has Unfolded

First Republic’s downfall was just the latest in a series of problems affecting midsize banks.
First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase

As part of its deal, 84 First Republic branches in eight states will reopen as JPMorgan branches on Monday.
First Republic Nears Federal Seizure as F.D.I.C. Seeks Buyers

JPMorgan and PNC, two of the country’s largest banks are said to be interested in acquiring the troubled lender after it is seized by the Federal Deposit Insurance Corporation.