A Delaware judge on Monday dismissed Merck & Co’s lawsuit seeking to hold Bayer AG responsible for more talc-related liabilities stemming from its $14.2 billion purchase of Merck’s consumer care business in 2014. Vice Chancellor Nathan Cook of the Delaware …
The Biden administration’s strategy of leaning on industry regulators to block deals that might be tricky for the Justice Department to challenge in court is working. In the past month alone, telecom and airline regulators have moved to nix Standard …
Transactional risk insurance continued its rise in popularity in 2022 to become a global, mainstream feature on mergers and acquisitions (M&A). Despite macroeconomic and geopolitical challenges, demand for transactional insurance remained resilient in 2022, according to Marsh’s latest report on …
The US Justice Department challenged JetBlue Airways Corp.’s $3.8 billion acquisition of Spirit Airlines Inc. Tuesday, filing an antitrust lawsuit seeking to block the deal. In a complaint filed in federal court in Boston, the Justice Department said the combination …
Paramount Global settled an investor lawsuit tied to the controversial 2019 merger of CBS Corp. and Viacom Inc. that created the company, agreeing to pay $122.5 million. The settlement with Viacom investors was reached on Feb. 27, according to a …
A federal judge last week approved an $11 million deal to end a proposed class action lawsuit against insurance technology provider Zywave. The lawsuit filed in U.S. District Court for the Northern District of Texas in June 2021 alleged Insurance …
Top executives at Kroger Co. and Albertsons Companies Inc. are expected to face tough questions on Tuesday from lawmakers who worry the grocers’ planned $25 billion merger will push up food prices at a time when inflation is a concern. …
Twitter’s new owner Elon Musk has denied a New York Times report about laying off Twitter employees at a date earlier than Nov. 1 to avoid stock grants due on the day. In a response to a Twitter user asking …
The company that privatized operations at the port of Wilmington, Delaware several years ago owes more than $21 million in damages for breaching an agreement to buy the port’s former stevedoring firm, a Delaware judge ruled Monday. Vice Chancellor Lori …
Elon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc TWTR.N and amend his complaint against the social media company, according to court filings, after …
