Daily 1-pager M&A Snapshot for Deal Makers
Buying Twitter “is an accelerant to creating X, the everything app”, said Elon Musk, by way of non-explanation of why he is now prepared to do the deal he was desperately trying to escape. One must conclude he judged his legal case to be doomed before it had even reached a Delaware courtroom.
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Author: Nils Pratley
ZURICH, March 20 (Reuters) - Switzerland awoke on Monday to a new era after UBS (UBSG.S) agreed to take over the ailing Credit Suisse (CSGN.S), with a bank employee association saying it was "deeply...
In his first companywide email to Twitter employees, new owner and CEO Elon Musk said he was ending the social network's "work from home forever" policy. Now, according to the email obtained by CNBC,...
A proposed merger between JetBlue and Spirit Airlines faced a challenge Thursday from air passengers in a California federal court after they claimed that the deal would violate antitrust laws and...