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Friday, June 18, 2021

Lucky Brand acquired by Simon and Authentic Brands

Simon Property Group and Authentic Brands Group (ABG) have teamed up in an unlikely deal to acquire bankrupt denim maker Lucky Brand for $140.1...
Centurylink

Centurylink faces enforcement action for violating anti-competitive deal with DOJ

The U.S. Department of Justice (DOJ) commenced an enforcement action against Centurylink (NYSE: CTL) for violating the terms of their agreement designed to prevent...

Chevron acquires Noble Energy in landmark $5 billion deal

On Monday, Chevron Corp. (NYSE: CVX) announced an acquisition agreement for Noble Energy (NASDAQ: NBL) at $5 billion. This marks the largest energy deal...
Playboy logo

Playboy Going Public Again After SPAC Deal

Playboy Enterprises, Inc. is hoping to arouse investors in a new way in the not too distant future. Founded in 1953 by sex symbol Hugh...

Johnson & Johnson to acquire Momenta Pharmaceuticals for 6.5B

Johnson & Johnson (NYSE: JNJ) announced its decision to acquire Momenta Pharmaceuticals (NASDA: MNTA) for $6.5 billion in an all-cash transaction. Momenta Pharmaceuticals is a...
Blackstone

Blackstone to acquire Takeda Consumer Healthcare for $2.3 billion

The Blackstone Group (NYSE: BX) and its affiliates agreed to acquire Takeda Consumer Healthcare Company Limited (TCHC) for JPY 242 billion or $2.3 billion. On...

Trump increases pressure on TikTok deal, bans app transactions

Microsoft’s ongoing TikTok deal is facing increasing pressure after President Trump signed an executive order banning transactions of TikTok late on Thursday, which is...

Devon Energy enters into talks with WPX over $6 billion merger deal

Devon Energy Corp (NYSE: DVN) reportedly entered into talks with WPX Energy Inc (NYSE: WPX) over a possible $6 billion all-stock merger between the...

Chevron-Noble deal finalized with 90 percent shareholder approval

After months of prolonged talks, Noble Energy's shareholders voted with a sweeping majority of 90% to approve Chevron's $4.1 billion all-stock transaction to take...

Chinese state media: US a ‘rogue country,’ TikTok acquisition is theft

On Monday, Chinese state media launched multiple salvoes claiming the U.S. is a “rogue country” and Microsoft’s possible TikTok deal is a theft of...

Must Read

Poll: 47% Worried Biden’s Spending Will Trigger More Inflation

The Biden White House is choosing to embrace the path of spending as if resources are infinite. The current administration, at this time, also...