A unit of Walgreens Boots Alliance Inc. WBA, +3.72% is nearing a deal to combine with a big owner of medical practices and urgent-care centers in a transaction worth roughly $9 billion Read more
Tag: takeovers
Elon Musk slashing jobs at Twitter to avoid $700M loss next year: sources
Elon Musk’s drastic decision to lay off half of Twitter’s workforce on Friday was driven by the company’s dire finances — with the now-private company on track to lose $700 million in Read more
Judge blocks Penguin Random House from buying Simon & Schuster over antitrust concerns
A federal judge on Monday blocked Penguin Random House from acquiring rival book publisher Simon & Schuster for about $2.18 billion, agreeing with the Justice Department that the planned merger Read more
Twitter braces for mass layoffs under new owner Elon Musk
Twitter Inc. is drafting plans for broad layoffs, according to people familiar with the matter, days after the social-media platform was taken private by billionaire Elon Musk for $44 billion. The proposed layoffs are Read more
Elon Musk on the hook to pay more than $200 million to 3 fired Twitter execs
When Twitter Inc.’s top executives walked out of its San Francisco headquarters Thursday, they may as well have been carrying bags of Elon Musk’s cash. Chief Executive Parag Agrawal, Chief Read more
Elon Musk on the hook to pay more than $200 million to 3 fired Twitter execs
When Twitter Inc.’s top executives walked out of its San Francisco headquarters Thursday, they may as well have been carrying bags of Elon Musk’s cash. Chief Executive Parag Agrawal, Chief Read more
Elon Musk completes Twitter purchase, fires CEO and other top execs: reports
Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed. The Wall Street Journal, Washington Post and others Read more
Elon Musk completes Twitter purchase, fires CEO and other top execs: reports
Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed. The Wall Street Journal, Washington Post and others Read more
Warner Bros. Discovery warns of as much as $4.3 billion in restructuring charges
Warner Bros. Discovery Inc. WBD, -2.30% said it expected to incur as much as $4.3 billion in pretax restructuring charges through 2024, the result of a cost-cutting effort following the combination Read more
Weber stock jumps 25% after largest shareholder makes acquisition offer for grill maker
Weber Inc.’s stock climbed more than 24% in after-hours trading Monday, mirroring an offer from its largest shareholder to buy the grill maker’s remaining shares for $6.25 apiece. The offer Read more