Mergers and Acquisitions

The SEC is questioning whether Musk needed to update a regulatory filing over a May 17 tweet that the Twitter deal "cannot move forward" without proof that spam and fake accounts make up less than 5% of its users.

Fox Business recaps how Twitter and Musk entered a legal battle over the billionaire's $44 billion deal for the social media giant and what lies ahead.

Twitter is telling its employees that it's not planning any companywide layoffs, but says there could be some restructuring as it head to court over the potential sale to Elon Musk.

Spirit Airlines agreed to postpone its shareholder vote on the potential deal with Frontier to the end of July to give the budget carrier more time to garner support from stockholders.

Frontier CEO Barry Biffle said the airline, which already submitted its “last, best and final offer," needs more time to win approval from Spirit shareholders.

Spirit Airlines has again postponed a shareholder vote on a proposed merger with Frontier Airlines which is an indication that shareholders may not have support for the deal.

Merck & Co is reportedly in talks to acquire biotech company Seagen Inc. in a nearly $40 billon deal that would add to the company's cancer drug portfolio.

Spirit Airlines beat out competitors JetBlue and Alaska for 16 peak runway times at Newark Liberty International Airport, according to the Department of Transportation.

Cryptocurrency exchange FTX has struck a deal that gives it an option to buy troubled crypto lender BlockFi Inc. for as much as $240 million.

Kohl's received an initial bid of $60 per share from The Vitamin Shoppe owner valuing the retailer at about $8 billion. However, it later submitted a revised $53 per share offer without definitive financing arrangements to consummate a transaction.

Unilever announced it had sold its Ben & Jerry’s business in Israel, following an extensive review, calling the decision the "best outcome" for the brand there.

Spirit Airways has pushed back a scheduled shareholder vote on the merger offer from Frontier Holdings by another week, as the three-way bidding war that also involves JetBlue continues.

Robinhood is an acquisition target, according to a report. A possible deal comes after FTX CEO Samuel Bankman-Fried took a 7.6% stake in Robinhood in May.

Frontier Group's sweetened offer to buy Spirit Airlines has won over support from the shareholder advisory firm ISS, reversing an earlier decision.

Crypto billionaire Sam Bankman -Fried and his FTX exchange is in talks to acquire a stake in crypto lender BlockFi.

Elon Musk and his legal team have reportedly said the previous "firehose" of data was "not adequate" for conducting their own analysis of spam and fake accounts.

JetBlue upped its offer for Spirit Airlines again Monday. This time, the airline is offering $33.50 in cash per share, up from its prior offer of $31.50.

Tesla CEO Elon Musk said he wants more clarity on the number of spam and fake accounts currently on Twitter.

Kellogg Company said that it would split its North American cereal and plant-based foods businesses into three independent companies, expanding profit margins.

Yahoo announced Monday it had appointed six new members to its board of directors, including actress Jessica Alba along with other prominent financial and tech executives.