merger

The deal, valued at $13.4 billion, is now expected to close on Aug. 1.  read more >

The Justice Department said the tie-up would especially hurt cost-conscious travelers who depend on Spirit to find cheaper options to JetBlue and other airlines. read more >

In 2022, 314 merger and acquisition transactions valued at more than $1 billion took place in the United States, according to Statista, a consumer data and market information company based […] read more >

The CEOs of Kroger and Albertsons insisted there will still be competition, and said a merger will help them counter growing rivals like Walmart, Costco and Amazon. read more >

Paramount Global also announced Monday that it still plans to sell Simon & Schuster, a nearly century-old company where authors include Stephen King, Colleen Hoover and Bob Woodward. read more >

Penguin Random House quickly condemned the ruling, which it called "an unfortunate setback for readers and authors." In its statement Monday, the publisher said it would seek an expedited appeal. read more >

Penguin Random House is looking to absorb rival Simon & Schuster. read more >

The final value of the transaction was $962 million, higher than initially estimated. read more >

Lockheed said it scrapped the plan “in the wider interest of shareholders.” read more >

The $919 million deal remains on track to be completed in the first quarter of 2022. read more >