The board of the department store Macy’s unanimously decided to terminate its negotiations with Arkhouse Management and Brigade Capital regarding the group’s proposal to acquire the retailer.
Mergers & Acquisitions
Elon Musk Says xAI Acquired Social Media Platform X via Stocks, Signaling an 'Intertwined' Future
Elon Musk's xAI, which was only launched less than two years ago, made a massive move by purchasing X's entirety.
Mondelez Eyes Hershey Acquisition, Potentially Earning $50B Per Year Combined
Mondelez's potential Hershey merger could create a $50B snack giant, but Hershey Trust approval and rising cocoa prices remain obstacles.
Payments Giant Stripe Acquires Lemon Squeezy for Undisclosed Amount
The payments company Lemon Squeezy announced that it has been acquired by competitor and industry giant Stripe for an undisclosed amount.
Israeli Cybersecurity Startup Wiz Rejects Google’s $23 Billion Acquisition: Report
The startup said it will instead focus on reaching $1 billion in revenue before considering publicly selling its shares.
Latest News
Goldman Sachs’s private equity business has bought the majority stake of TAIT, the engineering company that designed the stage for Taylor Swift’s Eras Tour, for an undisclosed amount.
Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million. Lufthansa has received antitrust clearance from the European Union (EU) to acquire 41% of ITA Airways for 325 million euros (about $350 million) following the sale of certain routes and slots, the company announced Wednesday, July 3.
Final Fantasy creator Hironobu Sakaguchi has reunited with Square Enix after over two decades to release an enhanced version of his latest game, Fantasian.
The preliminary merger deal between National Amusements, Paramount Global, and Skydance Media appeared to have been reignited after abandoning it due to shareholder dispute.
Boeing reportedly agreed to purchase Spirit AeroSystems for $4 billion after months of talks. The damaged Spirit AeroSystems sign is seen damaged after an EF3 tornado touched ground on April 15, 2012 in Wichita, Kansas.
The Australian government announced that it has approved the request of ANZ to acquire the banking business of Suncorp for $3.26 billion.
Boeing is reportedly offering $35 per share to purchase Spirit AeroSystems, funded mostly with stock.
UPS said that RXO will purchase its Coyote Logistics subsidiary for $1.025 billion. A United Parcel Service (UPS) driver leaves with his truck from a UPS facility that is delivering vaccines to Washington, DC, and Maryland areas March 15, 2021 in Landover, Maryland.
The TikTok Shop-Tokopedia merger in Indonesia could leave thousands of employees jobless. ByteDance has already begun terminating hundreds of staff.
