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Digital World Shares Surge as Republican Primary Field Narrows
Posted inDigital World Acquisition Corp Mergers, Acquisitions and Divestitures Securities and Exchange Commission Special Purpose Acquisition Companies (SPAC) Trump Media & Technology Group Trump, Donald J Truth Social (Social Network)

Digital World Shares Surge as Republican Primary Field Narrows

Shares of the SPAC that plans to merge with Trump Media jumped after Donald Trump’s rival Ron DeSantis quit the primary race.
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Posted by By Matthew Goldstein
Macy’s Rejects Takeover Bid, but Remains ‘Open to Opportunities’
Posted inGennette, Jeffrey Macy's Inc Mergers, Acquisitions and Divestitures Real Estate (Commercial) Shopping and Retail Spring, Tony

Macy’s Rejects Takeover Bid, but Remains ‘Open to Opportunities’

The retailer, which has struggled to increase its sales as shoppers cut back, acknowledged that it had received an unsolicited buyout offer, which it said ‘lacks compelling value.’
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Posted by By Lauren Hirsch
Sports Illustrated Thrown Into Chaos With Mass Layoffs
Posted inExecutives and Management (Theory) Layoffs and Job Reductions Magazines Media Mergers, Acquisitions and Divestitures Sports Illustrated

Sports Illustrated Thrown Into Chaos With Mass Layoffs

The company’s owner has been plunged into a maelstrom in recent weeks as its senior executives have been forced out.
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Posted by By Kevin Draper and Benjamin Mullin
Spirit Airlines Is on Shaky Footing After Judge Blocks JetBlue Deal
Posted inBankruptcies Budget Travel Coronavirus (2019-nCoV) Decisions and Verdicts JetBlue Airways Corporation Justice Department Mergers, Acquisitions and Divestitures Prices (Fares, Fees and Rates) Spirit Airlines Stocks and Bonds United States

Spirit Airlines Is on Shaky Footing After Judge Blocks JetBlue Deal

Some investors and analysts said the airline might have to seek bankruptcy protection if it couldn’t find another buyer.
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Posted by By J. Edward Moreno

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