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Richard Beattie, Early Engineer of Private Equity Takeovers, Dies at 86
Richard Beattie, a mergers lawyer who helped pioneer private equity takeovers — work that was immortalized in the much-lauded book…
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Acquisitions and Divestitures
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Yale’s Endowment Selling Private Equity Stakes as Trump Targets Ivies
Yale University’s famed endowment has been trying to offload one of the largest portfolios of private equity investments ever in a single…
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DoorDash Plans to Buy Deliveroo and SevenRooms
DoorDash announced two deals worth billions of dollars on Tuesday, saying it has agreed to acquire Deliveroo, the British food delivery…
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Thrive Capital Creating Vehicle for Serial M&A
Thrive Capital has bet big on artificial intelligence, including emerging giants of the field like OpenAI and Databricks. Now the venture…
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Trump and Paramount Seek Mediator for CBS News Lawsuit
Lawyers for Paramount and President Trump have agreed to appoint a mediator in his $20 billion lawsuit against CBS, according to two…
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Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
Joann, the fabrics and crafts retailer that has supplied quilters, seamstresses and school projects for 80 years, announced that it would…
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Ken Rosenthal, Founder of Panera Bread’s Forerunner, Dies at 81
Ken Rosenthal, who opened a bakery cafe in the St. Louis area, with sourdough bread as its star, and built it into a small chain that…
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Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about…
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One Month into the Trump Presidency
The good, bad and puzzling Corporate leaders and investors expected a bit of volatility to accompany President Trump’s second term. In…
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Amazon Gains Creative Control Over the James Bond Franchise
The British family that has steered the James Bond franchise for more than 60 years, zealously protecting the superspy from the…
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HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, the ambitious start-up behind the Ai Pin device that aimed to one day replace smartphones, agreed to sell parts of its business to…
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PGA Tour and LIV Golf Look for Merger Deal Under Trump
The PGA Tour and Saudi Arabia’s sovereign wealth fund are racing to reshape their plans to combine their rival golf circuits, emboldened…
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JD Vance Is in Charge of Getting a TikTok Deal. Can He Find a Buyer?
Last week, an aide for Vice President JD Vance reached out to the billionaire Frank McCourt. The topic at hand was Mr. McCourt’s $20…
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OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
OpenAI’s board of directors on Friday rejected a $97.4 billion bid by Elon Musk and a consortium of investors to gain control of the…
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Inside the Murdochs’ Succession Drama
On Dec. 7, Rupert formally filed his petition to strip Prue, Liz and James of their voting power. The three children quickly filed an…
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Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission
Elon Musk said in a court filing late Wednesday that he would withdraw his $97.4 billion bid to control OpenAI if the company dropped a…
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Behind Elon Musk’s Hostile Bid for Control of OpenAI
We have spent much of the past 24 hours on the telephone trying to get to the bottom of Elon Musk’s hostile bid for Sam Altman’s OpenAI.…
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Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump said on Friday that Nippon Steel was planning to make a major investment in U.S. Steel after the Biden administration…
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Documentarian Alex Gibney Teams Up With a Google Billionaire
At a time when the documentary film business is atrophying, one of the world’s leading documentarians, Alex Gibney, has taken on a…
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Honda and Nissan Merger Talks in Peril
Nissan Motor and Honda Motor have hit a standstill negotiating the terms of a merger, announced less than two months ago, that would have…
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Samuel Butler, Lawyer Who Helped Create Corporate Giants, Dies at 94
Samuel Butler, a Midwesterner who became a top figure of the Wall Street legal world, advising on transformative takeovers and leading…
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How a Sale of TikTok Would Work and Who Might Buy It
There's a new parlor game on Wall Street: guessing TikTok’s next owner. President Trump signed an executive order in January that delayed…
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U.S. Sues to Block Tech Deal in First Antitrust Action of Trump Term
The Justice Department on Thursday moved to block Hewlett Packard Enterprise’s $14 billion acquisition of Juniper Networks, the first deal…
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Frontier Airlines Offers to Buy Spirit Airlines, Again
Frontier Airlines is again trying to join forces with Spirit Airlines, three years after the companies failed to complete a proposed…