Category: Mergers, Acquisitions and Divestitures

Kanye West’s Deal to Buy Parler Unravels

The parent company of Parler, a social media service popular with right-wing audiences, said it had “mutually agreed with Ye” to end the deal.
Charles Koppelman, Force in the Music Industry and Beyond, Dies at 82

A dealmaker and superstar matchmaker, he worked with artists like Barbra Streisand, Dolly Parton and Tracy Chapman. Later he was chairman of Martha Stewart Living.
Yahoo Takes Minority Stake in Ad Network Taboola

Yahoo’s chief executive sees the deal as a long-term bet on digital advertising. The companies estimate that their ad partnership will generate $1 billion annually.
T. Rowe Price Raises Concerns About News Corp’s Merger With Fox

T. Rowe Price, the largest owner of News Corp after the Murdoch family, says the deal risks undervaluing News Corp.
Manchester United Owners Consider Sale of Storied Club

The Glazer family has hired advisers to weigh its options for the multibillion-dollar soccer club, which it has owned since 2005.
SPAC Linked to Trump’s Media Company Is Granted an Extension on Merger

Digital World now has more time to close its proposed union with Trump Media. But with Twitter welcoming Mr. Trump back, his media company could be less attractive to investors.
As Elon Musk Cuts Costs at Twitter, Some Bills Are Going Unpaid

Mr. Musk and his advisers are examining all types of expenses at Twitter. Some of the social media company’s vendors have gotten stiffed.
Can Big Tech Get Bigger? Microsoft Presses Governments to Say Yes.

Microsoft’s $69 billion deal for Activision Blizzard, which is undergoing reviews in 16 countries, has become a test for whether tech giants can buy companies amid a backlash.
News Corp Investors Raise Concerns About Proposed Merger With Fox

Concerned that a merger would undervalue News Corp, investors are asking a special committee of independent board members to look more skeptically at the proposal.
Elon Musk Gives Twitter Employees a Deadline to Stay or Leave

Mr. Musk said workers would need to answer through an online form by late Thursday and those who stayed would be “working long hours at high intensity.”
Estée Lauder Agrees to Buy Tom Ford Brand

Tom Ford’s high-end fragrances routinely make best-seller lists, and the deal also brings apparel to Estée Lauder, which has been strictly focused on beauty.
Twitter Users Create Havoc by Impersonating Brands

The social media service, which is undergoing changes from its new owner Elon Musk, has descended into a messy swirl of spoof messages and parody accounts.