The mercurial Elon Musk finally made it official Friday: He declared in a regulatory filing that he no longer wants to go through with his $44 billion deal to buy Read more
Tag: takeovers
Elon Musk terminates deal to buy Twitter
Elon Musk terminated his agreement to buy Twitter Inc. on Friday, setting up a likely legal fight. In a letter sent to Twitter’s TWTR, -5.10% board on Friday, the Tesla Read more
Elon Musk terminates deal to buy Twitter
Elon Musk terminated his agreement to buy Twitter Inc. on Friday, setting up a likely legal fight. In a letter sent to Twitter’s TWTRboard on Friday, the Tesla Inc. TSLA Read more
Trump left board of his media company ahead of subpoenas, filing shows
Records show Donald Trump left the board of his social-media company, Trump Media & Technology Group, in June, weeks before the company was subpoenaed by authorities. According to a filing Read more
Spirit Airlines expected to again delay shareholder vote on sale to Frontier
Spirit Airlines Inc. SAVE, -1.93% is expected to again postpone a shareholder vote on a merger with Frontier Group Holdings Inc. ULCC, -1.33% as the carrier holds deal talks with Frontier and rival Read more
Merck in talks to buy cancer biotech Seagen for about $40 billion
Merck & Co. MRK XE:MRK is in advanced talks to acquire Seagen Inc. SGEN and is aiming to finalize a purchase of the cancer biotech in the next few weeks, according to people Read more
LVMH buys iconic California winery Joseph Phelps
French luxury-goods conglomerate Moet Hennessy Louis Vuitton is expanding its reach into Northern California’s Wine Country, acquiring the acclaimed Joseph Phelps Vineyards. Phelps has produced iconic wines for nearly 50 Read more