Hints and tips:
...A shareholder vote to approve a deal between a special purpose acquisition company called Digital World Acquisition Corporation and Trump Media & Technology Group is planned for Friday....
...Microsoft, which spent most of last year fighting the CMA over its acquisition of Activision Blizzard, noted that it was unusual for the agency to examine a deal involving recruitment rather than an outright...
...Shares in Digital World Acquisition Corporation, the special purpose acquisition company with which TMTG first announced merger plans in late 2021, fell 13.7 per cent after Friday’s announcement....
...Joining Lieberman as a board member is Tom Naratil, formerly one of the highest-ranking US executives at Swiss bank UBS before he left in 2022....
...The USW has worked for decades to influence mergers and acquisitions in an attempt to preserve jobs, backing the companies it saw as more worker friendly....
...This is not the stuff of venture capital dreams — though Reid Hoffman, Microsoft board member and Inflection co-founder, called it a good outcome....
...The filing also highlights a lock-up agreement between Trump and DWAC that allows the former president to transfer his stock to family members or a trust....
...Amazon’s iRobot purchase sent the “wrong message” to investors, said Daniel Friedlaender, head of Europe at the Computer and Communications Industry Association, a trade body that counts Amazon among its members...
...Inflection board member and co-founder Reid Hoffman said it was “a good day for everyone involved in Inflection AI” and that the company’s investors would see “good future upside”....
...Job moves Harvard University has appointed two new members to its highest governing body....
...Summer Lee, a Democratic member of Congress from Pennsylvania, where US Steel is based, has also opposed the acquisition, along with Democratic senators John Fetterman and Bob Casey, both from the state....
...“We remain convinced that the company does not fully understand its obligations to steelworkers, retirees and our communities,” it said in a letter to its members....
...For over a decade, Cannon Law has steadily provided real value to its clients as they navigate litigation, mergers, acquisitions, employment matters, non-competes, marketing campaigns, and all forms of business...
...Deutsche Bank has hired former Citi banker Alison Harding-Jones as global head of mergers and acquisitions, based in London....
...Milton’s tenure at Nikola saw the company list shares through a merger with a special purpose acquisition company backed by Girsky at the height of the blank-cheque company boom....
...The US iron ore miner-turned- steel-consolidator kicked off merger and acquisition fireworks in August with a much lower unsolicited bid for US Steel....
...Summer Lee, a Democratic member of Congress from Pennsylvania, where US Steel is based, said she felt “blindsided and concerned” by the agreement....
...The UK’s CMA says to be upfront about your best and final offer The saga over Microsoft’s $75bn acquisition of Activision Blizzard left a bitter taste in the mouth of the CMA, which blocked and then cleared...
...With this acquisition, Exxon enhances its flexibility for the future....
...Redbird IMI has promised to maintain the Telegraph’s editorial independence but a handful of rival bidders — including hedge fund billionaire Paul Marshall, Daily Mail owner DMGT and News Corp — are hoping...
...He sought to hold a shareholder meeting to replace board members and argued that management had prioritised its own pay and jobs over maximising shareholder value....
...News of a potential settlement comes days after three men involved with the Spac, including a former board member, were charged with insider trading by the US attorney in Manhattan....
...The majority of the board members, including the president, would come from Kioxia, which would own 49.9 per cent of the merged entity, according to people close to the talks....
...Fred Done, the billionaire founder of bookmaking chain Betfred, is a former board member....
...As Microsoft finally puts the seal on its biggest ever acquisition, that strategy appears to be paying off....
International Edition