The coalition of states that sued to block T-Mobile’s planned acquisition of Sprint made their closing arguments Wednesday to convince a federal judge that the $26.5 billion merger of third- and fourth-largest U.S. wireless carriers is anticompetitive and would raise prices for consumers.
Read moreDirectors are selling Tiffany & Co,, too cheaply through an unfair process to Moёt Hennessy-Louis Vuitton, for $135 a share or $14.5 billion, shareholders say in a federal class action.
Read moreA shareholder class action claims directors are selling the Craft Brew Alliance too cheaply through an unfair process to Anheuser-Busch, for $16.50 a share or $321 million, in King County Court.
Read moreA federal class action claims directors are selling ArQule (biopharmaceuticals) too cheaply through an unfair process to Merck Sharp & Dohme, for $20 a share or $2.7 billion.
Read moreShareholders say in a federal class action that directors are selling Tech Data Corp. too cheaply through an unfair process to Apollo Global Management, for $145 per share or $5.1 billion.
Read moreThe boards of Fiat Chrysler Automobiles and PSA Peugeot on Wednesday signed a binding merger deal creating the world’s fourth-largest automaker with the scale to confront the challenges of stricter emissions regulations and the transition to new driving technologies.
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Shareholders claim in a class action that Google’s $2.1 billion bid to acquire wearable fitness technology company Fitbit undervalues the company and came to fruition through an unfair process.
Read moreThe Miami firefighters pension fund sued Carl Icahn et al., in a shareholders’ derivative suit, claiming they bought $1.2 billion of HP stock before it was acquired by Xerox, then stacked the Xerox board with directors who are not independent, in New York County Supreme Court.
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As the high-profile antitrust trial on the T-Mobile-Sprint merger reaches a midway point, T-Mobile CEO John Legere testified Friday that the company could have to hike customer prices if T-Mobile’s $26.5 billion deal to buy Sprint falls through.
Read moreXL Specialty Insurance Co. claims in superior court that Starz Entertainment owes it $10 million for the $92.5 million shareholder class action settlement after Starz was purchased by Lions Gate.
Read moreShareholders claim in a federal class action that directors of The Medicines Company made false and misleading statements to support its sale to Novartis for $85 per share or $9.7 billion.
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The antitrust trial over a contentious $26.5 billion mega-merger of telecommunication giants T-Mobile and Sprint kicked off Monday with witness testimony after a federal judge bypassed opening statements.
Read moreShareholders say in a federal class action that Fitbit issued a false and misleading proxy statement for its proposes $2.1 billion merger with Google, at $7.35 a share.
Read moreA federal class action claims Cayman Islands-based Cision Ltd. issued a false and misleading proxy statement regarding its $2.7 billion merger with co-defendant Platinum Equity Advisors, for $10 a share.
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Texas is withdrawing from a multistate antitrust lawsuit seeking to block a proposed $26.5 billion merger of telecommunication giants T-Mobile and Sprint that critics say would raise prices for consumers, particularly those in rural areas.
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Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by massive disruption in the online brokerage industry.
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French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany & Co. for $16.2 billion, adding a star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari.
Read moreHP computers said its board has rejected a roughly $33.5 billion takeover offer from Xerox.
Read moreSeven months after BB&T and SunTrust announced plans to merge, the Justice Department cleared them a path Friday that requires one of the largest divestitures in a bank merger in the last decade.
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Marlboro-maker Altria is taking a big financial hit from its $13 billion bet on Juul Labs, in which it acquired a one-third stake less than a year ago.
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