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The Latest Breaking News from Mergers

Sam Bankman-Fried's FTX Isn't Taking Bad Debt: Walks Away From Celsius Acquisition

FTX CEO Sam Bankman-Fried is taking a bullish stance amid the “great depression” of cryptocurrency. Instead of joining the list of peers hedging losses by slashing workforces by upwards of 20%, FTX is on a mergers and acquisitions tear, acquiring three firms this year alone.

The anti-defection law — political facts, legal fiction

The anti-defection law — political facts, legal fiction

The crisis in Maharashtra and even earlier instances are grim reminders of what the Tenth Schedule can and cannot do

Sonoco Picks Internal Candidate Rob Dillard As Finance Chief

Sonoco Picks Internal Candidate Rob Dillard As Finance Chief

Sonoco Products Co (NYSE:SON) has appointed Rob Dillard as its Chief Financial Officer, effective July 1, 2022. Dillard most recently served as the company's Chief Strategy Officer. He will be responsible for Sonoco's global finance functions. He succeeds Julie Albrecht, who previously announced plans to depart Sonoco on June 30, 2022. Related: Sonoco Products…

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FTC's new stance: Litigate, don't negotiate

Agency head Lina Khan says she'll sue to stop anticompetitive mergers rather than negotiate settlements.

The SPAC market's miscalculation

Those supposed advantages over IPOs haven't panned out.

Twitter Refuses To Let Go Board Member Egon Durban - Read Why

Twitter, Inc (NYSE:TWTR) refused to remove Silver Lake co-CEO Egon Durban from its board after failing to win the support of the necessary majority of Twitter investors. The board considered Durban a highly influential member bringing an unparalleled operational knowledge of the industry, a unique perspective, and an invaluable skill set and experience…

DigitalBridge Nears Deal For This Data-Center Operator

DigitalBridge Group, Inc (NYSE:DBRG) is nearing a deal for data-center operator Switch, Inc (NYSE:SWCH), Bloomberg reports. DigitalBridge, led by CEO Marc Ganzi, outbid Brookfield Asset Management Inc (NYSE:BAM) (TSX:BAM) for Las Vegas-based Switch. The market capitalization of Switch, led by founder, Chair, and CEO Rob Roy, is $7.4 billion. Switch reported Q1 results with an adjusted EPS of…

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Wall Street is betting that Microsoft-Activision deal will fail

Activision Blizzard Inc. shareholders approved the company’s $69 billion sale to Microsoft Corp on Thursday, but Wall Street is betting that Biden antitrust enforcers could unravel one of the largest mergers in U.S. history.

Tribune News Service

India's Cricket NFT Platform Raises $120M From Dream11 Parent

India's Cricket NFT Platform Raises $120M From Dream11 Parent

Indian cricket non-fungible tokens (NFTs) platform Rario raised $120 million in fresh funding led by Dream Capital, the investment and mergers and acquisitions (M&A) arm of sports technology company Dream Sports.

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