JetBlue’s $3.8 Billion Spirit Deal Challenged in DOJ Antitrust Suit March 7, 2023 By Leah Nylen and Mary Schlangenstein The US Justice Department challenged JetBlue Airways Corp.’s $3.8 billion acquisition of Spirit Airlines Inc. Tuesday, filing an antitrust lawsuit...
Paramount Global Settles Shareholder Suit for $122.5 Million March 6, 2023 By Jef Feeley Paramount Global settled an investor lawsuit tied to the controversial 2019 merger of CBS Corp. and Viacom Inc. that created...
Judge Approves $11M Fund to Settle Suit Against Zywave January 9, 2023 A federal judge last week approved an $11 million deal to end a proposed class action lawsuit against insurance technology...
Albertsons, Kroger CEOs to Defend $25B Merger to Skeptical U.S. Senators November 29, 2022 By Diane Bartz Top executives at Kroger Co. and Albertsons Companies Inc. are expected to face tough questions on Tuesday from lawmakers who...
Musk Denies He Is Firing Twitter Employees in Attempt to Avoid Payouts October 31, 2022 Twitter’s new owner Elon Musk has denied a New York Times report about laying off Twitter employees at a date...
Port Operator Faces $21M in Damages Over Buyout Dispute September 21, 2022 By Randall Chase The company that privatized operations at the port of Wilmington, Delaware several years ago owes more than $21 million in...
Musk Looks to Delay Twitter Trial Following Whistleblower Claims August 31, 2022 By Ankur Banerjee and Hyunjoo Jin Elon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion...
Twitter Rejects Musk’s Claims That He Was Hoodwinked August 5, 2022 By Tom Hals Twitter Inc. on Thursday dismissed Elon Musk’s claims in a Delaware court filing that he was hoodwinked into signing the...
Elon Musk Files Countersuit Under Seal Versus Twitter Over $44 Billion Deal August 1, 2022 By Tom Hals Elon Musk countersued Twitter Inc. on Friday, escalating his legal fight against the social media company over his bid to...
Twitter’s Battle With Elon Musk Over $44 Billion Deal Heads to Oct. 17 Trial July 29, 2022 By Tom Hals Twitter’s bid to hold Elon Musk to his $44 billion deal for the social media platform will head to a...