The surge follows a tense period when Paramount started making unsolicited takeover offers. Paramount’s last bid was $30 a share in cash, aiming to stop Warner from accepting Netflix’s $27. 75 offer for its studios and streaming services. Paramount also wants a stake in Discovery Global, a new cable
The recent dismissal of the Justice Department’s antitrust chief signals a shift toward a more business‑friendly climate in Washington. Law firms are now drafting memos that reflect the current administration’s willingness to approve corporate mergers, a reversal from last year’s campaign rhetoric t
A recent decision by a Texas judge has put a stop to new rules that would have required companies to share more details about their mergers. The rule, which was set to take effect last year, aimed to give antitrust regulators more insight into mergers and acquisitions. However, the judge ruled that
Kraft Heinz has decided to stop work on its planned split, saying the problems it faces can be fixed. The new chief executive, Steve Cahillane, who joined last year, said the company’s main goal is to get back on a profitable growth path. He added that all attention must stay on the operating plan a
Transocean is set to acquire the offshore drilling firm Valaris for about $5. 8 billion, a deal that will expand the combined company’s fleet to 73 rigs worldwide. The purchase comes at a time when oilfield services are looking for ways to cope with tighter budgets and higher operating costs. The t
U. S. Bancorp, a bank based in Minneapolis, is making a big move. They are buying BTIG, a smaller investment bank backed by Goldman Sachs, for up to $1 billion. This deal is part of a bigger trend. Regional banks from the Midwest are taking a bigger slice of the investment banking pie. U. S. Bancor
Capital One's acquisition of Brex for $5. 15 billion is a big deal. It shows that banks are now realizing they can't ignore fintech companies. These fintech startups are growing fast and becoming very important. They offer services that banks want to have. Fintech companies are getting a lot of mon
Spirit Airlines is in deep trouble. The budget airline is talking to Castlelake, an investment firm, about a possible takeover. This comes as Spirit tries to pull itself out of bankruptcy for the second time in a year. Things went downhill fast after the pandemic. Costs went up, and fewer people wan
A high-stakes showdown is unfolding in Hollywood as Netflix and Paramount battle for control of Warner Bros. Discovery. Netflix has upped the ante with an all-cash offer, aiming to secure a $72 billion merger and outmaneuver Paramount's hostile takeover attempt. The latest move comes after Netflix
Mediawan, a major player in the international content scene, is on the verge of a big move. They are in talks to take over Peter Chernin's North Road Company. This deal could shake things up in the entertainment world, creating a powerful new force in production. Peter Chernin is a well-known figur
