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Tag: Merger

The logos of Nippon Steel Corp. are didplayed at the company headquarters in Tokyo, Japan March 18, 2019. Picture taken March 18, 2019. REUTERS/Yuka Obayashi/File Photo

Exclusive: Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, document says

Nippon Steel plans to invest $14 billion in U.S. Steel’s operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company.

Read More Exclusive: Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, document says
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
Rodney McMullen, Chairman and CEO of The Kroger Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct

The grocery store chain Kroger announced on Monday that its longtime CEO, Rodney McMullen, has stepped down following an investigation into his personal conduct which revealed he was violating the company’s ethics policy. 

Read More Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct
The logo of Japan's largest steel manufacturer Nippon Steel corporation is displayed in front of the company's head office in Tokyo on January 6, 2025. Japan's Prime Minister Shigeru Ishiba on January 6 called for clarity on why US President Joe Biden blocked a controversial USD 14.9 billion deal for Nippon Steel to buy US Steel. (Photo by Kazuhiro NOGI / AFP) (Photo by KAZUHIRO NOGI/AFP via Getty Images)

U.S. Steel And Nippon Sue Biden Over Blocked $14B Deal, Calling It ‘Corrupt and Shameful’

U.S. Steel and Japan’s Nippon Steel sued the U.S. government on Monday in a bid to challenge the Biden administration’s order to block the almost $15 billion deal for the Japanese company to buy the American steelmaker.

Read More U.S. Steel And Nippon Sue Biden Over Blocked $14B Deal, Calling It ‘Corrupt and Shameful’
Unionized grocery store workers rally to oppose the proposed merger between Kroger and Albertsons outside a Ralph's supermarket in Los Angeles on April 13, 2023, out of concern for less competition, increasing food prices and putting union jobs at risk. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

Albertsons Scraps Merger, Files Lawsuit Against Kroger

A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over its rival Albertsons, ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid. 

Read More Albertsons Scraps Merger, Files Lawsuit Against Kroger
A DirecTV sattelite dish sits on a roof on May 19, 2014 in New York City. AT&T agreed May 18, to buy DirecTV for $48.5 billion. (Photo by Andrew Burton/Getty Images)

DirecTV To Buy Dish Network For Only $1, But Will Pay Off Company’s Nearly $9.75B Debt

DirecTV has announced that they will be buying Dish Network for $1, with the U.S. multichannel video programming distributor agreeing to take care of Dish Network’s accumulated debts.

Read More DirecTV To Buy Dish Network For Only $1, But Will Pay Off Company’s Nearly $9.75B Debt

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