Mergers & Acquisitions
Accenture to Acquire EdTech Startup Udacity to Build Its Own Learning Platform Focused on AI
Accenture has announced its plan to acquire the EdTech startup Udacity. Accenture has announced its plan to acquire the EdTech startup Udacity to bolster its educational offerings in response to the growing demand for AI-focused learning resources.
Low-cost Air Carriers JetBlue, Spirit Airlines Terminate $3.8 Billion Merger Amid Anti-Competition Concerns
JetBlue and Spirit Airlines end the $3.8 billion merger due to regulatory concerns, facing challenges.
Macy’s Buyout: New Takeover Bid by Arkhouse, Brigade Reaches $6.6 Billion After Initial Rejection
At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.
US Regulatory Agency Moves to Block $25 Billion Kroger-Albertsons Supermarket Merger
The US Federal Trade Commission (FTC) sued Kroger and Albertsons to stop their $25 billion merger. The Federal Trade Commission (FTC) of the United States has filed a lawsuit against Kroger and Albertsons, seeking to halt their $25 billion merger.