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Tag: acquisition

An entrance to the U.S. Steel Great Lakes Works plant is seen in Ecorse, Michigan, U.S., September 24, 2019. Picture taken September 24, 2019. REUTERS/Rebecca Cook/File photo

U.S. Steel appoints three American board directors after Nippon deal

U.S. Steel said it had appointed three American directors to its board, more than a month after Nippon Steel closed its $14.9-billion acquisition of the company.

Read More U.S. Steel appoints three American board directors after Nippon deal
The logo of fashion house Prada is seen outside a shop in Milan, Italy, April 8, 2024. REUTERS/Claudia Greco/File Photo

Prada buys Versace to create Italian fashion powerhouse

Prada struck a $1.375 billion deal to buy smaller rival Versace, including its debt, in a move that unites two of the biggest names in Italian fashion.

Read More Prada buys Versace to create Italian fashion powerhouse
A photo illustration of the new Twitter logo on July 24, 2023 in London, England. Elon Musk has revealed today a new logo for Twitter, which constitutes the letter 'X' as part of a rebrand of the company. (Photo Illustration by Dan Kitwood/Getty Images)

Musk Sells X To Own Company, xAI, In $33B All-Stock Deal

Elon Musk has announced that he sold social media platform X to his xAI artificial intelligence company in a $33 billion all-stock deal.

Read More Musk Sells X To Own Company, xAI, In $33B All-Stock Deal
TOPSHOT - OpenAI CEO Sam Altman speaks during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington on May 21, 2024. (Photo by Jason Redmond / AFP) (Photo by JASON REDMOND/AFP via Getty Images)

Musk-Led Investor Group Submits $97.4B Offer To Purchase OpenAI Platform

A group of investors led by tech mogul-turned-DOGE leader Elon Musk have submitted a $97.4 billion offer to purchase OpenAI, the company behind ChatGPT.

Read More Musk-Led Investor Group Submits $97.4B Offer To Purchase OpenAI Platform
An Alaska Airlines plane takes off from Los Angeles International Airport (LAX) on December 4, 2023 in Los Angeles, California. Alaska Airlines has announced it plans to purchase rival Hawaiian Airlines in a $1.9 billion deal which must be approved by federal regulators. (Photo by Mario Tama/Getty Images)

Alaska Airlines Closes $1.9B Purchase Of Hawaiian Airlines

Alaska Airlines has closed its $1 billion acquisition of Hawaiian Airlines which will remain as a separate brand. 

Read More Alaska Airlines Closes $1.9B Purchase Of Hawaiian Airlines
The Google logo is seen on the Google house at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024. REUTERS/Steve Marcus/File Photo

Google’s contemplated mega deal would prompt new fight with regulators

Nearly a dozen antitrust experts and industry analysts say it is unlikely that an acquisition by Google would hamper competition.

Read More Google’s contemplated mega deal would prompt new fight with regulators

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