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Tag: Acquisitions/Mergers

Banc of California is expected to keep leading regional banks higher as PacWest deal ignites sector

Banc of California is expected to keep leading regional banks higher as PacWest deal ignites sector

July 26, 2023July 26, 2023 · Breaking News

Banc of California Inc.’s proposed agreement to acquire PacWest Bancorp. helped send regional-bank stocks considerably higher on Wednesday. But even after a two-day increase of 12% for its…

Read more Banc of California is expected to keep leading regional banks higher as PacWest deal ignites sector
PacWest stock rockets nearly 40% after Banc of California confirms plan to buy troubled bank

PacWest stock rockets nearly 40% after Banc of California confirms plan to buy troubled bank

July 25, 2023July 25, 2023 · Breaking News

PacWest Bancorp’s stock jumped more than 38% in after-hours trading Tuesday after the company said it had agreed to be acquired by Banc of California Inc. in an…

Read more PacWest stock rockets nearly 40% after Banc of California confirms plan to buy troubled bank
FTC files appeal, again seeks to block Microsoft-Activision deal

FTC files appeal, again seeks to block Microsoft-Activision deal

July 13, 2023July 13, 2023 · Breaking News

The Federal Trade Commission on Thursday asked an appeals court to temporarily block Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc. while it challenges a ruling earlier…

Read more FTC files appeal, again seeks to block Microsoft-Activision deal
FTC will appeal judge’s ruling clearing Microsoft-Activision deal

FTC will appeal judge’s ruling clearing Microsoft-Activision deal

July 12, 2023July 12, 2023 · Breaking News

The Federal Trade Commission late Wednesday filed notice that it will appeal a judge’s ruling this week that gave Microsoft Corp. the green light to proceed with its…

Read more FTC will appeal judge’s ruling clearing Microsoft-Activision deal
After Microsoft defeat, ‘toothless’ FTC needs to pick better battles if it wants to rein in Big Tech

After Microsoft defeat, ‘toothless’ FTC needs to pick better battles if it wants to rein in Big Tech

July 11, 2023July 11, 2023 · Breaking News

The U.S. Federal Trade Commission’s defeat as it sought to block Microsoft Corp.’s acquisition of videogame maker Activision Blizzard is yet another setback for an increasingly toothless regulator…

Read more After Microsoft defeat, ‘toothless’ FTC needs to pick better battles if it wants to rein in Big Tech
FTC Loses First Bid to Block Microsoft’s Acquisition of Activision Blizzard

FTC Loses First Bid to Block Microsoft’s Acquisition of Activision Blizzard

July 11, 2023July 11, 2023 · Business

FTC Loses First Bid to Block Microsoft’s Acquisition of Activision Blizzard. The Focus Turns to U.K. Regulators. Source link

Read more FTC Loses First Bid to Block Microsoft’s Acquisition of Activision Blizzard
Activision’s Microsoft Saga Is Almost Over. It May Be Time to Sell the Stock.

Activision’s Microsoft Saga Is Almost Over. It May Be Time to Sell the Stock.

June 30, 2023June 30, 2023 · Business

The fate of Microsoft $69 billion purchase of Activision Blizzard will finally be known in the coming weeks—and investors may want to consider taking profits on the videogame…

Read more Activision’s Microsoft Saga Is Almost Over. It May Be Time to Sell the Stock.
Amazon’s .7 Bln Takeover of iRobot Cleared by UK Regulator

Amazon’s $1.7 Bln Takeover of iRobot Cleared by UK Regulator

June 16, 2023June 16, 2023 · Breaking News

By Joe Hoppe The U.K. Competition and Markets Authority on Friday said it has cleared Amazon.com’s proposed $1.7 billion acquisition of iRobot Corp. The regulator, which had launched…

Read more Amazon’s $1.7 Bln Takeover of iRobot Cleared by UK Regulator
Adobe Earnings Are Coming. The Focus Remains on AI.

Adobe Earnings Are Coming. The Focus Remains on AI.

June 15, 2023June 15, 2023 · Business

Adobe Systems reports financial results after the close of trading on Thursday, but the stock is more likely to move on any tidbits the company shares about its…

Read more Adobe Earnings Are Coming. The Focus Remains on AI.
Judge temporarily blocks Microsoft’s  billion purchase of Activision

Judge temporarily blocks Microsoft’s $69 billion purchase of Activision

June 13, 2023June 13, 2023 · Breaking News

A federal judge late Tuesday approved a request by the Federal Trade Commission to temporarily block Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc. U.S. District Judge…

Read more Judge temporarily blocks Microsoft’s $69 billion purchase of Activision
Amazon’s .7 Bln Takeover of iRobot Cleared by UK Regulator

UBS Expects to Complete Credit Suisse Acquisition, Delisting as Early as Next Week – Update

June 4, 2023June 4, 2023 · Breaking News

By Pierre Bertrand UBS Group said it expects to complete its acquisition of Credit Suisse Group and have the shares of the Swiss peer delisted as early as…

Read more UBS Expects to Complete Credit Suisse Acquisition, Delisting as Early as Next Week – Update
Newmont Strikes Gold With .5 Billion Takeover

Newmont Strikes Gold With $17.5 Billion Takeover

May 15, 2023May 15, 2023 · Business

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/newmont-newcrest-stock-price-mining-gold-copper-7c463378 Updated May 15, 2023…

Read more Newmont Strikes Gold With $17.5 Billion Takeover
Fanatics to buy PointsBet’s U.S. sports-betting business for 0 million

Fanatics to buy PointsBet’s U.S. sports-betting business for $150 million

May 14, 2023May 14, 2023 · Breaking News

Fanatics Inc. will buy the U.S. operations of Australia’s PointsBet for about $150 million, in the company’s largest foray yet into sports betting. PointsBet PBH, -18.70% announced the…

Read more Fanatics to buy PointsBet’s U.S. sports-betting business for $150 million
Amazon’s .7 Bln Takeover of iRobot Cleared by UK Regulator

Deutsche Boerse Makes Offer for SimCorp

April 27, 2023April 27, 2023 · Breaking News

By Sarah Sloat Deutsche Boerse SE said Thursday it would make a voluntary takeover offer for Danish software company SimCorp AS for a total 3.9 billion euros ($4.31…

Read more Deutsche Boerse Makes Offer for SimCorp
UBS profit halves due to U.S. litigation, but draws billions new money

UBS profit halves due to U.S. litigation, but draws billions new money

April 24, 2023April 25, 2023 · Breaking News

UBS Group AG said Tuesday that earnings declined in the first quarter, hurt by litigation, but that the bank drew in billions in net new money at its…

Read more UBS profit halves due to U.S. litigation, but draws billions new money
Employees asked about their canceled bonuses. The CEO warned them against living in ‘Pity City.’

Employees asked about their canceled bonuses. The CEO warned them against living in ‘Pity City.’

April 18, 2023April 18, 2023 · Breaking News

The chief executive of the high-end office-furniture company MillerKnoll has gone viral. And probably not in a manner she would prefer. In a leaked Zoom call of a…

Read more Employees asked about their canceled bonuses. The CEO warned them against living in ‘Pity City.’
Coinbase, Newmont, Tilray, Hexo, Virgin Orbit, and More Stock Market Movers

Coinbase, Newmont, Tilray, Hexo, Virgin Orbit, and More Stock Market Movers

April 11, 2023April 11, 2023 · Business

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/stock-market-movers-8b6c2e7b Updated April 11, 2023…

Read more Coinbase, Newmont, Tilray, Hexo, Virgin Orbit, and More Stock Market Movers
ExxonMobil: Eyes on the Permian Prize

ExxonMobil: Eyes on the Permian Prize

April 8, 2023April 8, 2023 · Business

ExxonMobil: Eyes on the Permian Prize Source link

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Sergio Ermotti returns as UBS CEO after Credit Suisse deal

Sergio Ermotti returns as UBS CEO after Credit Suisse deal

March 28, 2023March 29, 2023 · Breaking News

UBS Group AG said Wednesday that it has decided to appoint Sergio P. Ermotti as its new chief executive replacing Ralph Hamers, and said the change is a…

Read more Sergio Ermotti returns as UBS CEO after Credit Suisse deal
First Citizens enters agreement to buy Silicon Valley Bridge Bank, says FDIC

First Citizens enters agreement to buy Silicon Valley Bridge Bank, says FDIC

March 26, 2023March 27, 2023 · Breaking News

First Citizens BancShares Inc. has entered a deal to assume all the deposits and loans of the failed Silicon Valley Bridge Bank from the Federal Deposit Insurance Corp., the…

Read more First Citizens enters agreement to buy Silicon Valley Bridge Bank, says FDIC
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