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Acquisitions/Mergers
Microsoft and Activision Blizzard Still Committed to $75 Billion Merger
The companies plan to continue work to resolve lingering regulatory issues as the deadline to close the merger approaches. Source link
Call of Duty Will Stay on PlayStation After Microsoft-Activision Deal
What to Read Next Source link
FTC Loses Latest Bid to Halt Microsoft-Activision Merger
An appeals court ruling clears a path for the $75 billion acquisition to close while litigation continues. Source link
Eli Lilly to Acquire Versanis Bio, Maker of Obesity Treatment
Versanis shareholders could receive as much as $1.925 billion in cash, which will consist of an upfront payment and additional payments if certain milestones are
FTX Sues Over European Unit Deal, Seeking to Recover $323 Million
FTX filed a lawsuit on Wednesday against former managers of a Swiss business the bankrupt cryptocurrency exchange had acquired, looking to claw back at least
FTC Continues Fight to Block Microsoft’s $75 Billion Deal for Activision
What to Read Next Source link
Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon
Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the business of transporting and storing
Microsoft's Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new proposal. Source link
Lina Khan Is Taking on the World's Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft marks another setback in her fight to block mergers. Source link
Illumina Fined More Than $400 Million in Europe for Closing Grail Deal Early
The European Union’s antitrust watchdog fined the company with the maximum allowable amount for wrapping up its acquisition of the cancer-test developer while the agency