Tag: Mergers and acquisitions
Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M
Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119...
South Korean appeals court upholds acquittal of Samsung chief Lee
SEOUL, South Korea -- A South Korean appeals court on Monday upheld a lower court’s ruling that acquitted Samsung Electronics Chairman Lee Jae-yong...
Frontier makes a second bid for Spirit with budget airlines struggling
NEW YORK -- Frontier Airlines is attempting for a second time to merge with the now bankrupt Spirit Airlines, which declared bankruptcy late...
New bid for TikTok from Perplexity AI could give US government 50% stake
WASHINGTON -- Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to...
Rent-to-own startup Divvy Homes selling to Brookfield for about $1 billion
After a turbulent few years for companies operating in the real estate market, Divvy Homes announced Wednesday that it is getting acquired by...
MrBeast not quite in the bidding race for TikTok just yet, rep says
Jimmy Donaldson — better known online as MrBeast — isn't in the TikTok bidding race just yet, according to a representative for the...