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Saturday, November 27, 2021

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...

Noble Energy investor challenges board of directors over Chevron deal in lawsuit

Noble Energy investor David Walsh has sued Noble in a New York federal court, aiming to put the $5 billion merger deal with Chevron...

Authentic Brands CEO touts $1 billion liquidity, plans mall revival

Jamie Salter, CEO for Authentic Brands, has teamed up with Simon Property Group to acquire declining retailers in a joint venture called Sparc. In a...
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...

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...

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...

Microsoft shifts focus to acquire entirety of TikTok business

Microsoft is floating the idea of acquiring the entirety of TikTok from Chinese-owned parent company ByteDance. The Financial times first reported on this, citing...

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...

Trump changes stance, gives Microsoft 45 days on TikTok deal

Over the course of the last week, President Trump changed his stance on the short-media app TikTok, weighing whether to ban the app outright...

Microsoft enters early talks to acquire TikTok US operations

Technology giant Microsoft has reportedly entered into preliminary talks to acquire the U.S. based TikTok division, owned by Chinese parent company ByteDance. The move...

Must Read

A Closer Look into Thanksgiving Day 2021

On behalf of USA Herald, Happy Thanksgiving, America. The holiday season is here and 2021 is quickly coming to a close. This Thanksgiving Day, so...