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Tag: Mergers And Acquisitions

Sotheby’s, the 275-year-old auction house, is getting acquired by billionaire media mogul Patrick Drahi

Sotheby's shares spiked nearly 60% Monday after the New York-based business said Drahi's BidFair USA was taking it private.
Fiat Chrysler Automobiles (FCA) unveils the 2019 RAM Power Wagon pick up truck.

Fiat Chrysler and Renault are reportedly in talks for a major deal that could shake up the global auto industry

A tie-up between Fiat Chrysler and Renault would help the carmakers better tackle the softer demand for new cars.
T-Mobile CEO John Legere

The deal between T-Mobile and Sprint that forms a $146 billion telecom giant to take on AT&T and Verizon is reportedly in jeopardy

Department of Justice staff recommends the deal, which would form a $146 billion company to take on Verizon and AT&T, be blocked, Reuters says.
Reed Hastings, CEO of Netflix

Reed Hastings says Netflix has ‘no big appetite, no big need’ for mergers

Hollywood has seen some big deals of late and more could be on the way. But count Netflix out for now, Hastings said.

The top scientist at AveXis told us the ‘unique’ strength that powered its $9 billion sale to Novartis, and it could shape the future of g...

Manufacturing has emerged as a huge challenge for the booming gene therapy industry because these products are so new and complex.
Nginx CEO Gus Robertson

The startup that secretly runs the internet just got acquired by one of its biggest rivals for $670 million

Nginix is getting gobbled up by F5 Networks in a deal valued at $670 million.

‘About as likely as Mexico paying for Trump’s wall’: Some experts say Elizabeth Warren’s plan to break up Big Tech will never ...

It's a bold plan, but experts tell us its unlikely to happen given the history of antitrust cases and how difficult it would be to carry out.
Saudi national and newly licensed Reem Farahat, an employee of Careem, a chauffeur car booking service, prepares for a customer shuttle using her car in the Saudi capital Riyadh

Uber is reportedly in ‘advanced talks’ to buy its biggest rival in the Middle East for $3 billion

Careem's CEO told Business Insider last week that it was continuing to fundraise — but a strategic acquisition could make sense for Uber.

Bristol-Myers’ record-breaking $74 billion biotech deal is in jeopardy

Bristol-Myers Squibb Co.'s $74 billion takeover of Celgene is in jeopardy after the former's second-largest shareholder has turned against it.