Mergers and Acquisitions

Ahead of a decision from the Department of Justice on whether to block a merger between JetBlue Airways and Spirit Airlines, the companies are reportedly making a final push.

Dick’s Sporting Goods will purchase outdoor outfitter Moosejaw from Walmart for an undisclosed amount.

Electric vehicle charging appears to be one of the factors behind energy company BP’s recently announced proposed purchase of TravelCenters of America.

TravelCenters owns a network of about 281 highway sites across 44 states and offers services including diesel and gasoline fuel, truck maintenance and repair, restaurants and more.

Initial public offerings (IPO) were down in 2022 amid inflationary pressures and economic downturn, and experts don’t predict the market to improve in 2023.

Vice Media has struggled for years to show rapid growth and live up to an early valuation of $5.7 billion. New debt intends to bridge the gap until sale.

Subway is considering the possibility of selling, the company said Tuesday. It did, however, note "there is no indication of timing or assurance that a sale will occur."

Goodwin Procter is one of several major law firms to cut attorney roles, citing bloat after years of steady growth.

Multiple reports cite Qatari investors with help from the Qatar Investment Authority are making a bid to purchase the Premier League club Manchester United.

The Department of Justice is reportedly likely to take legal action to block a pending $3.8 billion merger between JetBlue Airways Corp. and Spirit Airlines Inc.

Microsoft announced its intention to acquire Activision Blizzard in January 2022. Activision is known for its "Call of Duty," World of Warcraft" and "Candy Crush" video games.

CVS Health announced plans for them to acquire primary health company Oak Street Health for $39 a share, at a total purchase price of approximately $10.6 billion.

Activision Blizzard CEO Bobby Kotick talked about Microsoft’s proposed acquisition of the video game company and also addressed regulatory scrutiny of the proposed deal.

JetBlue's bid to acquire Spirit Airlines has been put on pause while the DOJ considers blocking the merger on antitrust grounds, resolution expected in 30 days.

Federal antitrust regulators had sought to block Meta's acquisition on the grounds that it would hurt competition in the emerging virtual reality market.

Glendale, California-based Public Storage said Life Storage had rejected an offer under similar terms in January, forcing the company to make its approach public.

The Newmont Corporation has made an indicative $16.9 billion takeover offer for Australia's top goldminer Newcrest Mining to combine the goldmining companies’ assets in China and Australia.

Aerwins who has created a Star Wars inspired hover bike, known in the movies as speeders, will list on the NASDAQ after merging with a SPAC called Pono Capital Corp.