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Tuesday 17th June 2025
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CorpDev.Org

CorpDev.Org

Daily News for Dealmakers

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Category: Deal Drama

Trump Media SPAC Extends Merger Deadline, Paying Nearly $3 Million for Three Months [Deals – News, Articles, Biography, Photos – WSJ.com]

Trump Media SPAC Extends Merger Deadline, Paying Nearly $3 Million for Three Months [Deals – News, Articles, Biography, Photos – WSJ.com]

  • October 5, 2022
  • 0 Comments
  • By CorpDev
The special-purpose acquisition company trying to take Trump Media & Technology Group public will pay nearly $3 million to get three more months to complete the deal, tightening an already narrow...
Posted in Deal Drama

Twitter’s board deserves credit for Elon Musk’s U-turn [Mergers and acquisitions | The Guardian]

  • October 5, 2022
  • 0 Comments
  • By CorpDev
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...
Posted in Deal Drama
Blockchain Payments Firm’s $3.6B SPAC Merger Falls Apart [Law360: Mergers & Acquisitions]

Blockchain Payments Firm’s $3.6B SPAC Merger Falls Apart [Law360: Mergers & Acquisitions]

  • October 5, 2022
  • 0 Comments
  • By CorpDev
Special-purpose acquisition company Goldenstone Acquisition Ltd. told regulators on Wednesday that its $3.6 billion take-public merger with blockchain payment firm's Roxe Holding Inc. has been...
Posted in Deal Drama
Elon Musk Offered to Buy Twitter at a Lower Price in Recent Talks [NYT > Mergers, Acquisitions and Divestitures]

Elon Musk Offered to Buy Twitter at a Lower Price in Recent Talks [NYT > Mergers, Acquisitions and Divestitures]

  • October 5, 2022
  • 0 Comments
  • By CorpDev
Before Mr. Musk renewed his $44 billion proposal, he and the company haggled in discussions that ultimately did not advance. Source Author: Kate Conger and Michael S. Schmidt
Posted in Deal Drama
Twitter Gets OK To Probe Musk’s Alleged Anonymous Source [Law360: Mergers & Acquisitions]

Twitter Gets OK To Probe Musk’s Alleged Anonymous Source [Law360: Mergers & Acquisitions]

  • October 4, 2022
  • 0 Comments
  • By CorpDev
Twitter Inc. won a green light Tuesday to dig deeper into an unverified, alleged offer to Elon Musk of back channel information about the social media giant Source Author: unknown
Posted in Deal Drama

The Board Chair Squaring Up to Elon Musk in the Feud Over Twitter [NYT > Mergers, Acquisitions and Divestitures]

  • October 4, 2022
  • 0 Comments
  • By CorpDev
Bret Taylor, an understated executive, led talks with Elon Musk over his plans to acquire the company. Now, he’s leading the legal fight to seal the deal. Source Author: Kate Conger and Lauren...
Posted in Deal Drama
Musk says Twitter deal is ‘accelerant’ to creating ‘everything app’ [Deals Market Headlines | Breaking Stock Market News | Reuters]

Musk says Twitter deal is ‘accelerant’ to creating ‘everything app’ [Deals Market Headlines | Breaking Stock Market News | Reuters]

  • October 4, 2022
  • 0 Comments
  • By CorpDev
Oct 4 (Reuters) - Elon Musk said on Tuesday buying Twitter Inc (TWTR.N) is an "accelerant to creating X, the everything app", after the billionaire proposed to go ahead with his original offer of...
Posted in Deal Drama
Icahn had Twitter stake worth over $500 mln before Musk’s about-face [buyout/ takeover]

Icahn had Twitter stake worth over $500 mln before Musk’s about-face [buyout/ takeover]

  • October 4, 2022
  • 0 Comments
  • By CorpDev
Icahn made the investment on the belief that Tesla Inc (TSLA.O) chief Musk wouldn't go through a trial that he looked likely to lose, the report said. He also believed that the stock was worth close...
Posted in Deal Drama

Conflict Sinks Special Master Plan For Musk-Twitter Disputes [Law360: Mergers & Acquisitions]

  • October 3, 2022
  • 0 Comments
  • By CorpDev
An "unanticipated conflict" scuttled plans to appoint retired U.S. Bankruptcy Judge Christopher S. Sontchi as special master for remaining discovery disputes in Elon Musk's attempt to terminate his...
Posted in Deal Drama

Kohl’s sees push from activist investor for removal of CEO, Chairman (update) [Activist Investor]

  • September 22, 2022
  • 0 Comments
  • By CorpDev
Justin Sullivan Update 4:45pm: Adds Axios report on potential CEO replacement. Activist investor Ancora Holdings, one of the hedge funds that pushed for a board shake-up at Kohl's (NYSE:KSS) last...
Posted in Deal Drama

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