JetBlue said it saw a “high likelihood” of an antitrust suit by the Justice Department this week, but declared that the deal would foster competition.
Category: Mergers, Acquisitions and Divestitures
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Thomas H. Lee, a Pioneer in Leveraged Buyouts, Is Dead at 78
Born into wealth, he turned it into even greater wealth in founding a Boston firm and was remembered as a “kinder, gentler” corporate raider.
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Thomas Lee, Private Equity Pioneer, Is Dead at 78
The financier, who called himself Tomcat, was an early buyout enthusiast.
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JetBlue and Spirit Unions Split on Airlines’ Merger
Flight attendant unions at the two carriers are pushing in opposite directions as federal officials decide whether and on what terms to allow the deal.
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A Missed $140 Million Payment Sends Sports TV Negotiations Into Overdrive
The owners of the regional television channels branded as Bally Sports have nearly $9 billion in debt and owe hefty rights fees to M.L.B., N.B.A. and N.H.L. teams. Now, they’re all on the clock to find a solution.
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Happiness or Success? Salesforce’s Marc Benioff Doesn’t Want to Choose.
The chief executive, under pressure from activist investors, seeks to do well and do good — but his options are narrowing.
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Quality Control, Atlanta Rap Powerhouse, Sells to Scooter Braun’s Hybe
The acquisition is the famed music manager’s first major move at Hybe America — a division of the South Korean firm — since he became its sole chief executive last month.
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Vox Media Is Raising $100 Million From Penske Media
The deal is the latest in a series of acquisitions and investments made by Penske Media, the owner of a swath of entertainment and trade publications including Rolling Stone and Variety.
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Vox Media Is Raising $100 Million From Penske Media
The deal is the latest in a series of acquisitions and investments made by Penske Media, the owner of a swath of entertainment and trade publications including Rolling Stone and Variety.
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Rothschild Family Aims For Full Control of Bank that Bears Its Name
The family’s investment vehicle said it would offer to buy out other shareholders in Rothschild & Co., the flagship company in the global banking dynasty.
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National Enquirer, Scandal-Plagued Tabloid, to Be Sold
The publication has come under scrutiny in recent years over its suppression of stories about Donald Trump in the 2016 campaign.