Enlarge (credit: Aurich Lawson | Getty Images) The Activision-Blizzard shareholders’ response to a whirlwind of news over the past year—which include disturbing, company-wide allegations of sexual harassment and pay disparity, followed by a $68.7 billion acquisition proposal—reached a new head at the end of April in the form of a sweeping lawsuit. As first reported […]
Tag: mergers and acquisitions
Epic Games begins to show it’s “more than games,” acquires Bandcamp
Enlarge / Well, we didn’t see this one coming. But based on rumors that Ars Technica is familiar with, maybe we should have. (credit: Aurich Lawson | Epic + Bandcamp) At some point, Epic Games might need to drop the word “Games” from its moniker and admit what kind of company it wants to be. […]
An Italian bank older than America itself is suddenly a hot commodity among American investors
A retired 18-term congressman from the state of Washington is among the names of Americans suddenly interested in the historic but hobbled Monte dei Paschi di Siena. Read More
In his first earnings call as Stellantis CEO, Carlos Tavares doubles down on EVs and China
Stellantis, formed from the merger of Fiat Chrysler and PSA, sees improved profits even as it charts an ambitious plan to invest in EV models. Read More
Oracle’s TikTok acquisition reportedly “shelved” indefinitely
Enlarge / ¯\_(ツ)_/¯ (credit: Aurich Lawson / Getty Images) The weird deal Oracle arranged at the behest of the Trump administration to buy TikTok without actually acquiring it has been permanently back-burnered, according to a new report. The transaction, which has gone effectively nowhere since it was first announced, is now “shelved,” the ever-popular “people […]
Investors cheer as Fiat Chrysler-PSA merger heads to the finish line
Fiat Chrysler Automobiles NV and PSA Group shareholders signed off on a combination that’s endured two years of extraordinary drama, marked by on-again off-again talks, the transformation of their industry and a global pandemic. At separate meetings Monday, investors in both companies approved the merger to form Stellantis, the world’s fourth-largest automaker. The hurdles the […]
Why Investors had a Serious Negative reaction to AstraZeneca’s Alexion Bargain
Our assignment to generate business better would be fueled by viewers just like you. AstraZeneca’s buy of Alexion at a 39 billion cash-and-stock bargain hasn’t impressed AZ’s investors. They shipped the organization’s shares tumbling aggressively in Monday trading. At one point, AZ’s stocks on the London Stock Exchange were down over 7 percent, before rebounding […]
The Way the Slack/Salesforce deal Piles Around history’s Additional Large Tech acquisitions
When applications giant Salesforce declared that it had obtained workforce collaboration firm Slack, the decal price–$27 billion–elevated eyebrows. While the purchase will assist Salesforce choose Microsoft at the wonderful struggle for corporate clients, a few will inevitably inquire whether the company overpaid. To place the price in view, it is beneficial to compare the Salesforce/Slack […]
British online grocer Ocado, Famous for its Automatic warehouses, acquires two U.S. robotics Businesses
Ocado, the U.K. online grocer which has increasingly marketed its own automatic and ecommerce warehouse technologies to other niches across the globe , has obtained two U.S. robotics businesses. The acquisitions can probably reinforce its Ocado’s {} , letting the business and another supermarkets it functions to replace several present warehouse employees. Additionally, it indicates […]
IBM CEO will Probably Be on the Search for acquisitions and new Companies after Turning off Solutions unit
Our assignment that will assist you browse the new standard is fueled by readers. To enjoy unlimited access to our own journalism, subscribe now . IBM shook up Wall Street on Thursday with a strategy to turn off its information technology solutions unit as another firm. Investors loved the thought, which might take before the end […]