fusions and acquisitions
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Business
Saks’ latest $3 billion bid to take over Neiman Marcus rejected
Saks Fifth Avenue’s latest $3 billion bid to buy Neiman Marcus was rejected this week, people familiar with the marriage…
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Business
UK government suspends Jeff Zucker Telegraph agreement to conduct investigation
The UK government is blocking Jeff Zucker’s Abu-Dhabi-backed RedBird IMI from buying the Telegraph newspaper and Spectator magazine, citing concerns…
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Business
Jeff Zucker accuses rival Telegraph bidders of ‘throwing mud’, offers UK assurances
Ousted CNN chief Jeff Zucker lashed out at rival bidders for a conservative British publication and assured the UK government…
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Business
Jeff Zucker’s RedBird sparks UK concern over Telegraph bid
British media minister Lucy Frazer said on Wednesday she was “determined” to intervene in a deal that could see Abu…
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Business
FTC launches antitrust probe into $9.6 billion Subway merger: source
The Federal Trade Commission has launched an antitrust investigation into Roark Capital’s $9.6 billion acquisition of Subway Restaurants, investigating whether…
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Business
Jeff Zucker’s RedBird IMI agrees to deal with Telegraph and Spectator publications
Ousted CNN chief Jeff Zucker made another foray into the news business by agreeing to pay $1.4 billion to take…
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Business
FreshDirect sold to food delivery rival Getir
Online food delivery pioneer FreshDirect has been acquired by rival Getir as the industry continues to consolidate following the pandemic…
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