Jackson School District Announces High School Merger, Here is the Plan
JACKSON, N.J. — The Jackson School District has announced a major restructuring plan that would consolidate the district’s schools, including closing Goetz Middle School and turning Jackson Memorial High School into a…
Truth Social To Go Public After Investors Approve Merger, Could Net Trump Billions
Truth Social To Go Public After Investors Approve Merger, Could Net Trump Billions Harold Hutchison on March 22, 2024 Shareholders of Digital World Acquisition Corporation (DWAC) voted to approve a merger with Trump…
Toms River Schools Set for Referendum on Seaside Heights Merger
TOMS RIVER, NJ—The Toms River Regional Schools district has been granted permission by the New Jersey Department of Education to proceed with a referendum that could extend its territory to include Seaside…
India’s Zee tumbles 10% in pre-open after Sony scraps merger
BENGALURU (Reuters) – Shares of Indian broadcaster Zee Entertainment Enterprises plunged 10% in pre-open trade on Tuesday, a day after Japan’s Sony Group scrapped a $10 billion merger with the company, raising…
Kroger, Albertsons need more time to close on $25 billion proposed merger
(Reuters) – Grocers Kroger and Albertsons said on Monday that they plan close the proposed $24.6 billion merger in the first half of Kroger’s fiscal 2024 instead of early 2024. The merger,…
Allkem investors approve Livent $10.6 billion merger on proxy votes
SYDNEY (Reuters) – Australia’s Allkem investors have approved Livent Corp $10.6 bln merger on proxy votes at a shareholder meeting in Perth on Tuesday. (Reporting by Scott Murdoch in Sydney; Editing by…
Explainer-What would a Woodside and Santos merger look like?
By Emily Chow SINGAPORE (Reuters) – Australian energy companies Woodside and Santos announced on Dec. 7 they are in preliminary talks to merge, a tie-up that would come amid a wave of…
Woodside, Santos could sell assets to overcome merger antitrust hurdles -source
By Scott Murdoch SYDNEY (Reuters) – Oil and gas firms Woodside and Santos could overcome any “significant concerns” with a A$80 billion ($52 billion merger) from Australia’s competition regulator by selling off…
Vitesco says new Schaeffler offer for EV merger ‘inadequate’
(Reuters) -German automotive supplier Schaeffler raised its offer price for shares in Vitesco Technologies on Monday, as a goodwill gesture, but Vitesco management said the new offer was “inadequate”. Germany’s billionaire Schaeffler…
JetBlue CEO at trial calls Spirit merger key to taking on larger airlines
By Nate Raymond BOSTON (Reuters) – The CEO of JetBlue Airways testified in court on Monday that the company’s proposed $3.8 billion acquisition of Spirit Airlines is a critical part of his…
Spirit Airlines CEO defends JetBlue merger in US antitrust trial
By Nate Raymond BOSTON (Reuters) – The CEO of Spirit Airlines on Wednesday defended in court the planned $3.8 billion acquisition of his company by JetBlue Airways as a means to create…
Choice Hotels asks Wyndham to engage in merger talks
(Reuters) -Choice Hotels said on Wednesday that it had asked the board of U.S. budget hotel operator Wyndham Hotels and Resorts to engage in merger talks. This comes about a week after…
EV truck maker Tevva ‘re-engages’ with potential merger partners
By Nick Carey LONDON (Reuters) – British electric truck maker Tevva has “re-engaged” with a number of possible merger partners following ElectraMeccanica’s decision earlier this month to cancel their planned deal and…
Kioxia has reached out to JIC to invest in merger with Western Digital – Bloomberg News
TOKYO (Reuters) – Kioxia Holdings has reached out to state-backed Japan Industrial Partners (JIC) to invest in a planned merger of its flash memory business with that of Western Digital, Bloomberg News…
Liberty Media proposes merger with radio broadcaster Sirius XM
(Reuters) – Billionaire John Malone’s Liberty Media is looking to combine the business that contains its stake in SiriusXM with the rest of the radio company, in a deal to create a…
Proxy advisor ISS opposes Stratasys, Desktop Metal merger in 3D printing
By Svea Herbst-Bayliss NEW YORK (Reuters) – Influential proxy advisory firm Institutional Shareholder Services recommended 3D printer manufacturer Stratasys shareholders reject plans to buy Desktop Metal, saying another offer “presents a more…
Buffett cut Activision stake before judge approved Microsoft merger
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway sold 70% of its investment in Activision Blizzard in the second quarter, appearing to miss out on some gains when a federal judge…
Plaintiffs ask US Supreme Court to temporarily halt Microsoft, Activision merger
By John Kruzel WASHINGTON (Reuters) – A group of individual plaintiffs on Monday asked the U.S. Supreme Court to temporarily halt Microsoft’s $69 billion acquisition of Activision Blizzard, the largest in the…
Analysis-Will abandoning American help JetBlue’s Spirit merger? Not by much
By Rajesh Kumar Singh and Diane Bartz CHICAGO/WASHINGTON (Reuters) – JetBlue Airways’ decision to abandon its alliance with American Airlines has improved its chances in the trial over a $3.8 billion deal…
Three charged with insider trading ahead of proposed Trump Media merger
By Jonathan Stempel and Helen Coster NEW YORK (Reuters) -U.S. prosecutors on Thursday charged three Florida men with making more than $22 million through insider trading in late 2021 ahead of a…
Tastemaker SPAC calls off nearly $1 billion planned merger with Quality Gold
(Reuters) – Special purpose acquisition company (SPAC) Tastemaker Acquisition Corp said on Thursday its planned $989 million merger with jewelry distributor Quality Gold had been terminated due to challenging market conditions. Market…
Intelsat, SES end talks on $10 billion merger – Bloomberg News
(Reuters) – Intelsat SA has ended negotiations to combine with SES SA as it was not able to reach an agreement with the satellite company and its major stakeholders, Bloomberg News reported…
VinFast posts deeper loss in Q1, eyes July completion of SPAC merger
HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast has reported a drop in first-quarter revenue by 49%, with a net loss deepening to $598 million in the first full reporting period…
Factbox-Vodafone, Hutchison UK merger to create country’s largest mobile operator
(Reuters) – Vodafone and CK Hutchison unveiled the merger of their British operations, creating the country’s largest mobile operator. Hutchison will own 49% and Vodafone 51% of the combined group, which will…
Ex-Goldman Sachs banker stole merger details, prosecutor tells jury
By Jody Godoy A former Goldman Sachs banker leaked details of potential corporate mergers to a friend who traded on the information, a prosecutor told a New York jury during opening arguments…
Diversified Healthcare Trust shareholder pushes for alternatives to OPI merger
By Svea Herbst-Bayliss NEW YORK (Reuters) – One of Diversified Healthcare Trust’s (DHC) largest shareholders is opposing the real estate investment trust’s merger with Office Properties Income Trust (OPI), saying the deal…
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