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...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...When a company is sold there tends to be a standard playbook: There’s some tough negotiations. Then, the buyer gets a business and the seller gets a check. Everyone’s happy....
...Trump Media went public through a merger with a blank-cheque company late last month....
...More specifically, there is bipartisan concern that one factor behind the UnitedHealth saga is excessive industry consolidation....
...In the relatively young US sports betting industry, there is no time for self satisfaction....
...“In the short term this could be a bit challenging for hotels . . . but in the medium term it’s much better to have a flexible stock of Airbnb oversupply as opposed to permanent expansion of hotel room stock...
...Read a transcript of this episode on FT.com...
...Rolex Explorer 1016 (c 1963) Shteyngart wore this vintage Rolex during a food tour of Montreal, one of his last trips with a friend who has since died from cancer....
...“In fashion, it’s imperative to keep moving with the changing demands of the industry,” says long-term collaborator, stylist Katie Grand....
...There, it spawned a Northern Irish aerospace and defence sector that has grown into a £2bn industry with a supply chain of more than 100 often small businesses employing 9,000 people across the region....
...Barring such a move, Ticketmaster — arguably Live Nation’s crown jewel — may be better off as a solo act....
...Penny stocks are having a moment....
...Tesla, however, holds a fragile lead in an immature industry. Lumping it in with the Mag 7 was a mistake....
...The airline industry is largely united in opposition to the rule....
...Altshuler says Vertex learnt the importance of continued investment in research from the troubled rollout of its hepatitis C treatment, Incivek....
...Washington D.C., March 18, 2024 — The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false...
...This isn’t just a deal gone bad. The problems across the dollar store sector are a reminder that lower income Americans are suffering disproportionately post-pandemic. pan.yuk@ft.com...
...the level of the original drug, according to a report published this month by the Biosimilars Council, an industry body....
...This is a shame, because there is no shortage of compelling accounts making the case that the industry is pretty vampiric, and we always enjoy a bit of fightback....
...Many companies across multiple industries seek to become consolidators that create platforms to extract synergies, increasingly funded by private equity....
...With just 1.2bn people having an income above $12K a year, Apple is valued on an EV per pop of c$2,300, which requires c$800pp of annual spend, on the global equity strategy team’s calculations. 4....
...Google has agreed to pay C$100mn a year into a fund to support news organisations in Canada as part of a deal with the government, ending a dispute that led it to threaten to cut links to news from its services...
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