Category: Mergers, Acquisitions and Divestitures

Twitter Said to Consider Selling User Names to Boost Revenue

The company has discussed selling some user names through online auctions, people with knowledge of the plans said.
Video Game Workers Get a Union Foothold at Microsoft

The outcome, involving about 300 employees, is one of organized labor’s biggest victories at a major U.S. tech company.
Japan’s Business Owners Can’t Find Successors. This Man Is Giving His Away.

An owner’s struggle in Japan’s northern dairy region illuminates one of the potentially devastating economic impacts of an aging society.
Deal-making Thrived, Then Hit a Road Bump

Mergers and acquisitions activity plunged in the second half of 2022, but there are signs that it could pick up again next year.
Mat Ishbia to Acquire Phoenix Suns and Mercury For $4 Billion

Ishbia, the chief executive of United Wholesale Mortgage, would replace Robert Sarver as the majority owner. Sarver was pushed to sell amid a misconduct scandal.
Mark Zuckerberg Testifies About Meta’s Virtual Reality Ambitions

Meta’s chief executive made a rare court appearance as the Federal Trade Commission tries to block his company’s purchase of the virtual reality start-up Within.
Musk Asks Twitter Users If He Should Step Down After Fury Over His Policies

Fury mounted over Mr. Musk’s moves to prevent Twitter users from sharing links to other social media platforms. The billionaire also asked whether he should remain as head of the service.
What AMC’s Streaming Troubles Say About the Greater TV Industry

The company has struggled to earn enough from streaming to make up for losses from its traditional cable business. It is a story widespread in the industry.
The Kroger-Albertsons Merger Spotlights a Popular Private Equity Tactic

Albertsons wants to pay $4 billion to shareholders ahead of its proposed merger with Kroger, a move that would require the already debt-ridden company to borrow $1.5 billion.
Amazon Agrees to Change Some Business Practices in EU Settlement

The e-commerce giant avoided a fine, but will make a variety of changes regulators believe will help independent merchants who had raised alarms about Amazon’s tactics.
Twitter Suspends Over 25 Accounts That Track Billionaires’ Private Planes

The suspended accounts include one that followed the private plane of Elon Musk, Twitter’s owner.
Lina Khan, Aiming to Block Microsoft’s Activision Deal, Faces a Challenge

Ms. Khan, the chair of the Federal Trade Commission, has staked an ambitious trustbusting agenda on a case that may be difficult to win.