A federal judge in Washington, D.C., on Wednesday entered final judgment in a case over the $26.5 billion merger of T-Mobile and Sprint, finalizing a settlement agreement with the federal government that requires the companies to sell off some of Sprint’s assets to Dish Network.
Read moreA Delaware judge said Monday he has no jurisdiction to hear a case alleging that DuPont massively lowballed litigation costs related to the manufacturing giant’s production of toxic chemicals.
Read moreCalifornia Attorney General Xavier Becerra announced a settlement with T-Mobile in a dispute relating to the company’s merger with Sprint. Becerra said the settlement protects “low-income subscribers,” and extends “access to underserved communities.”
Read moreThe FTC and Pennsylvania sued Thomas Jefferson University and Albert Einstein Healthcare Network in federal court to stop their “anticompetitive merger.”
Read moreThe FTC sued Peabody Energy Corp. and Arch Coal in federal court to prevent the two largest coal-mining companies in the United States from forming a joint partnership, in violation of antitrust law.
Read moreThe founders of fantasy sports company FanDuel claim in a suit filed in New York state court Wednesday that its board of directors and private equity firms undervalued the company ahead of merger and intentionally deprived employees and investors of their common shares without compensation.
Read moreT-Mobile’s $26.5 billion takeover of Sprint could mean higher or lower phone bills, depending on whom you ask.
Read more
Rejecting antitrust concerns by several states as unlikely to occur, a federal judge approved the merger between telecommunications giants T-Mobile and Sprint, setting the stage for a massive rival to AT&T and Verizon.
Read more
The Federal Trade Commission is headed to court to block a merger that could drive up the cost of shaving razors in stores across the country.
Read moreDirectors are selling Pattern Energy Group (renewables) too cheaply through an unfair process to the Canada Pension Plan Investment Board, for $26.75 a share or $6.1 billion, a shareholder claims in federal court.
Read moreDirectors are selling Gardner Denver Holdings (industrial parts and services) too cheaply through an unfair process to Ingersoll-Rand in a proposed $5.8 billion merger, shareholders say in a federal class action.
Read more
Billionaire investor Warren Buffett announced plans Wednesday to sell his media operations including more than 30 US dailies, following a high-profile bet on newspapers eight years ago.
Read moreDirectors are selling Dermira, a biopharmaceutical company, too cheaply through an unfair process to nonparty Eli Lilly, for $18.75 a share or $1.1 billion, a shareholder claims in federal court.
Read moreA federal class action claims directors of LogMeIn breached their duty to shareholders by issuing a false and misleading proxy statement about its merger with nonparties Francisco Partners and Evergreen Coast Capital Corp., for $86.05 a share or $1.8 billion.
Read moreThe United States sued ZF Friedrichshafen, of Germany, and Wabco Holdings, of Michigan, in federal court, saying their proposed $7 billion merger would violate antitrust law by combining “two of the leading global suppliers of components used in the manufacture of large commercial vehicles,” including trucks and buses.
Read more
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 more