Category: Mergers, Acquisitions and Divestitures

Elon Musk Buying Twitter Is a Moment of Celebration for Many

The way forward for Twitter is uncertain. But that means Mr. Musk can innovate and change the platform for the better, his supporters say.
Elon Musk Takes Twitter, and Tech Deals, to Another Level

Silicon Valley moguls used to buy yachts and islands. Now they are rich enough, and perhaps arrogant enough, to acquire companies they fancy.
How Twitter Will Change as a Private Company Under Elon Musk

The social media company went public in 2013. But Elon Musk is taking it private as part of his acquisition of the firm. Here’s what that means.
Elon Musk Completes $44 Billion Deal to Own Twitter

The world’s richest man closed his blockbuster purchase of the social media service, thrusting Twitter into a new era.
Musk Said to Begin Firing Twitter’s Top Executives

Some of Twitter’s top executives were fired on Thursday as Mr. Musk completes his takeover of the social media company.
SPAC Tied to Trump Media Says Early Talks Were Not ‘Substantive’

Lawyers for Digital World recently told regulators that the SPAC had not violated any rules by talking to Trump Media before going public.
Twitter Tries Calming Employees as Deal With Elon Musk Looms

With Mr. Musk’s $44 billion deal to buy Twitter set to close no later than Oct. 28, the company is trying to reassure workers about their employment and compensation.
U.S. Details How It Plans to Police Foreign Firms

A government committee issued new guidelines for how it determines penalties for foreign companies that break agreements to protect U.S. national security.
Spirit Airlines Shareholders Back Sale to JetBlue

The acquisition still faces a long journey to completion, including antitrust scrutiny from the Biden administration.
Kanye West Agrees to Buy Parler, Company Says

The agreement in principle to buy the social media service comes days after Twitter and Instagram restricted the rapper’s account for violating its terms.
As Fox and News Corp Weigh Merger, an Activist Has Its Own Vision

Irenic Capital Management, which has a $150 million stake in News Corp, wants the company to split up its media and real estate listings businesses.
Fox and News Corp, After Years Apart, Explore Merger

A union would represent an about-face for both companies, which told investors nearly a decade ago that they were better off apart.