Items tagged with Merger
Microsoft's attempt to acquire Activision-Blizzard-King has a new lease on life, as the EU gives its seal of approval. European Union regulators say Microsoft offered remedies that alleviate any concerns it may have had concerning the $69 billion deal.
Since its announcement, the controversial deal has had...
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UK's watchdog Competition and Markets Authority (CMA) announced its final decision concerning Microsoft's attempt to acquire Activision-Blizzard-King late last month. That finding stated the deal had "significant shortcomings," as well as reduce innovation and alter the growing landscape of cloud gaming. Now, it is...
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UK watchdog Competition and Markets Authority (CMA) dealt a huge blow to Microsoft's attempt at acquiring Activision-Blizzard-King. The final decision from CMA stated Microsoft's solution had "significant shortcomings," and that the deal would reduce innovation and alter the rapidly growing landscape of the cloud...
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Yet another chapter in the Microsoft and Activision-Blizzard merger has surfaced and this time it is an agreement with Nintendo. While Microsoft has been under scrutiny from multiple regulators in the UK and EU, it has been apparently wining-and-dining regulators in the US. It has also making deals with other...
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Yet another chapter in the story of Microsoft's $69 billion acquisition of Activision-Blizzard is unfolding. We're again talking about the United States Federal Trade Commission (FTC). In November we saw that the FTC was considering a lawsuit to stop the mega-deal. However, recently, Microsoft has been talking about...
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Sprint and T-Mobile have been trying to merge on and off for years. The latest effort kicked off in 2019 and some states have been fighting against the merger in court. Today, U.S. District court Judge Victor Marrero ruled in favor of allowing Sprint and T-Mobile to merge despite objections by state attorneys general...
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Sprint and T-Mobile announced that they intended to merge with T-Mobile CEO John Legere leading the newly merged company last year. Today, a report is going around that the U.S. Department of Justice plans to approve the $26 billion merger between the two cellular carriers on Thursday. However, the deal will have some...
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Sprint and T-Mobile announced a little over a year ago that they would be merging into one company. However, the United States Department of Justice has a few things to say about this union before the companies can ride off into the sunset. The Department of Justice has reportedly told Sprint and T-Mobile that the...
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Federal regulators are big on keeping healthy competition in the wireless marketplace and have in the past blocked mergers of major wireless carriers from happening. Last April, T-Mobile and Sprint announced that they intended to merge with T-Mobile CEO John Legere leading the combined companies. The two carriers...
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Almost as fast as the rumors began, talks of a merger between Sprint and T-Mobile have been officially called off. T-Mobile has announced that discussions on a potential merger, rumors of which surfaced first in September, of the Uncarrier and Sprint have ended because the two companies were unable to find mutually...
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We first got an inkling that Dell Inc. was interested in purchasing EMC Corp late last week, and today we received official confirmation of that deal. And as we expected back then, this a whopper of a deal — in fact, it’s being billed as the largest tech acquisition in history.
The world’s No. 3 PC maker — with the...
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As we originally posted yesterday, Comcast today confirmed that it has abandoned its bid to acquire rival Time Warner Cable for $45 billion. The deal, which was originally announced in February 2014, was questionable at best, but came under more scrutiny in recent weeks.
The company issued a brief statement this...
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From the moment the proposed $45 billion Comcast-Time Warner Cable (TWC) merger was announced over a year ago, many consumers were understandably worried about what that would mean for competition in the broadband and TV markets, not mention how it would affect their bills each month. Add that in with the fact that...
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The opposition to the $45 billion Comcast-Time Warner Cable merger is growing. Late last week, we reported that the Department of Justice (DOJ) antitrust division is damn near close to recommending that the deal be nuked. The DOJ’s recommendations could ultimately lead to a lawsuit aimed at stopping the deal in its...
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AT&T and DirecTV are trying to convince lawmakers that a proposed $48.5 billion merger between the two companies--that’s forty-eight and a half billion dollars--and so far the best argument they have going in their favor is the promise of lower costs when comes to pricey negotiations for rights to video...
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Analysts aren't convinced that Sprint will be able to clear the regulatory hurdles required to acquire T-Mobile, especially after AT&T already tried before falling flat on its face. Despite the skepticism, investors are apparently optimistic a deal will get done -- share prices of both wireless carriers shot up more than 30 percent since...
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Stop us if you've heard this one before: AT&T is looking to merge with a telecom...what's that, you have heard this one? Well this time it's different. AT&T isn't looking to make another run at T-Mobile, the U.S. subsidiary of Deutsche Telekom, and presumably the wireless carrier learned its lesson about offering massive breakup fees...
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The AT&T - T-Mobile merger may be off the table, but T-Mobile's parent company Deutsche Telekom is walking away from the deal with a smile on its face. The communications giant released the details of what AT&T agreed to pay for the privilege of bidding on its business, and it's an impressive set of benefits. AT&T's $3B (approximately...
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Know what it feels like to lose $5? How about $100? How about $4 billion. That's the write-down that AT&T is going to have to eat, and that's the size of the check that Deutsche Telekom is going to cash. After many months of lobbying every organization under the sun to green-light the AT&T / T-Mobile USA...
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The proposed merger between Google and Motorola is one step closer to completion. Recently, Motorola's stockholders voted with an overwhelming majority to approve the proposed merger with Google. At a recently held Special Meeting of Stockholders, approximately 99% of the voting shares voted in favor of the merger agreement. Approximately...
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Well, this isn't looking good for those already planning to attend the marriage of T-Mobile USA and AT&T. While it was starting to look as if the proposed merger would end with the two holding hands and riding off into the sunset, things have taken a dramatic turn today. The U.S. Department of Justice filed court papers in Washington to...
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Here's an interesting one. Hitachi Global Storage Technologies has just snapped up a substrate manufacturing facility located in Sarawak, Malaysia from Western Digital. You heard right -- one hard drive maker is taking some property from a rival hard drive maker. In the release, we're told that the facility that Hitachi GST is taking over...
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