merger

Taiwan’s Fair Trade Commission (FTC) has reportedly blocked Uber Technologies, Inc. (NYSE:UBER) $950 million acquisition of Delivery Hero’s Foodpanda business due to anti-competitive concerns. The merger, which was initially announced in May 2023, would have significantly increased Uber...

Las Vegas-based cannabis giant, Planet 13 Holdings Inc. (OTC:PLNH), has successfully concluded its acquisition of Florida’s VidaCann, a prominent player in the state’s medical marijuana market. The acquisition received approval from the Florida Office of Medical Marijuana Use in April....

Airline company Alaska Air Group, Inc. (NYSE:ALK) is set to report first-quarter financial results before market opens Thursday, April 18. Here are the key earnings estimates and items to watch. Earnings Estimates: Analysts estimate Alaska Air will report first-quarter revenue of $2.19 billion,...

With the business world watching closely, a pivotal merger deadline approaches for the company aiming to combine with the parent of Truth Social. What Happened: The spotlight is on Digital World Acquisition Corp. (NASDAQ: DWAC) and Trump Media and Technology Group (TMTG), the parent...

Microsoft Corp. (NASDAQ: MSFT) released a filing that revealed Activision Blizzard Inc's (NASDAQ: ATVI) decision to remove Call of Duty from Steam was a "failure." As reported by Kotaku, the tech giant disclosed Activision's move to remove the PC version of Call of Duty...

Shares of Activision Blizzard Inc (NASDAQ: ATVI)  rallied by 10% on Tuesday (before dropping 1% on Wednesday), after Federal Judge Jacqueline Scott Corley ruled in favor of Microsoft Corporation's (NASDAQ: MSFT) acquisition of the video game publisher behind the mega-popular "...

Moments after a U.S. court ruling allowing the merger to proceed, the U.K.'s Competition and Markets Authority (CMA) reached an agreement with Microsoft Corp. (NASDAQ: MSFT) and Activision Blizzard Inc. (NASDAQ: ATVI) to temporarily suspend their ongoing London appeal over the $69 billion...

Microsoft Corporation (NASDAQ: MSFT)'s commitment to keeping "Call of Duty" available on PlayStation consoles, even after its potential acquisition of Activision Blizzard Inc (NASDAQ: ATVI), was reaffirmed by Xbox boss Phil Spencer during the ongoing Federal Trade Commission (FTC)...

In a move aimed at impeding Microsoft Corp.'s (NASDAQ: MSFT) acquisition of Activision Blizzard Inc., (NASDAQ: ATVI) the Federal Trade Commission (FTC) plans to file a lawsuit in federal court on Monday. This news, which was first reported by Bloomberg, presents a challenge for Microsoft, as...

Microsoft Corp.'s (NASDAQ: MSFT) plans to acquire Activision Blizzard Inc (NASDAQ: ATVI) have hit a snag due to concerns raised by the U.K. Competition and Market Authority (CMA). A 400-page final report from the regulatory agency stated its main concern is that an increased...

Democrats are asking the Department of Justice (DOJ) to investigate Warner Bros. Discovery Inc (NASDAQ: WBD) over anti-competitive practices.  Four Democrats have asked the DOJ to review the Warner Bros. Discovery merger, saying that the deal is responsible for “hollowing...

Paramount Global (NASDAQ: PARA) has agreed to pay $122.5 million in a lawsuit settlement claiming that the CBS-Viacom merger was unfair to shareholders. The company revealed that it has agreed to settle the class action litigation now pending in the Delaware Court of Chancery, ...

On Friday, Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE:3LP) announced the approval of the previously announced plan of arrangement under which Chicago-based Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) will acquire all of the issued and outstanding shares of Columbia...

TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) and Gage Growth Corp. (CSE: GAGE) (OTCQX: GAEGF) have completed their previously announced merger. The companies wrapped up their court-approved plan of arrangement under the Canada Business Corporations Act, whereby TerrAscend has acquired all of the...

Peloton Interactive Inc (NASDAQ: PTON) climbed more than 20% Monday with rumors of the fitness equipment manufacturer finding a potential suitor. The stock has recently been hit with a flurry of speculation, driving the price down 74% over the past six months, making it a prime...