The Judiciary Committee, responding to the bungled sale of Taylor Swift concert tickets, heard the company apologize and its critics trace the problem to the industry’s lack of competition.
Category: Mergers, Acquisitions and Divestitures
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Ticketmaster Cast as a Powerful ‘Monopoly’ at Senate Hearing
The New York Times – Music: -
Grocery Store Merger Faces Long Road Before Approval
The New York Times – Business:Consumer advocates, unions and independent grocers are against a deal that would join Kroger and Albertsons, and be lucrative for investors.
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JPMorgan Paid $175 Million for a Business It Now Says Was a Scam
The New York Times – Business:Charlie Javice promised to simplify the college financial aid process. It was a compelling pitch. Especially, as now seems likely, to those with little firsthand knowledge of financial aid.
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Vice, a Beleaguered Avatar of New Media, Hangs a ‘For Sale’ Sign
The New York Times – Business:Vice, which has struggled to achieve profitability in recent years, has formed a special committee to find suitors.
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Goldman Sachs’ Marcus Consumer Banking Move Turns Costly
The New York Times – Business:Goldman Sachs will take a big hit from its ill-fated move into consumer banking, even as its other businesses weaken amid an economic slowdown.
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Bed Bath & Beyond in Talks to Sell Assets
The New York Times – Business:The beleaguered retailer, which warned of a possible bankruptcy, is said to be in discussions with suitors about selling pieces of its business, including its Buy Buy Baby stores.
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Video Game Workers Get a Union Foothold at Microsoft
The New York Times – Business:The outcome, involving about 300 employees, is one of organized labor’s biggest victories at a major U.S. tech company.
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Japan’s Business Owners Can’t Find Successors. This Man Is Giving His Away.
The New York Times – Business:An owner’s struggle in Japan’s northern dairy region illuminates one of the potentially devastating economic impacts of an aging society.
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Deal-making Thrived, Then Hit a Road Bump
The New York Times – Business:Mergers and acquisitions activity plunged in the second half of 2022, but there are signs that it could pick up again next year.