Daily News for Dealmakers
Buying Twitter “is an accelerant to creating X, the everything app”, said Elon Musk, by way of non-explanation of why he is now prepared to do the deal he was desperately trying to escape. One must conclude he judged his legal case to be doomed before it had even reached a Delaware courtroom.
Source
Author: Nils Pratley
Strategic Acquisition: AbbVie's $1.4 billion acquisition of Aliada Therapeutics signals a significant bet on Alzheimer's disease treatment, bolstering its pipeline with a Phase I anti-amyloid...
Antitrust Scrutiny: The blocked $8.5 billion Tapestry-Capri merger highlights increasing antitrust scrutiny in the luxury fashion industry, as regulators aim to protect consumer interests and...
Regulatory Hurdles: Carlyle Group's withdrawal from bidding for Thyssenkrupp's defence unit highlights the significant regulatory challenges in Germany's defence industry M&A landscape. Strategic...
Strategic Acquisition: Boeing's $4.7 billion all-stock acquisition of Spirit AeroSystems aims to improve aircraft quality and safety by integrating Spirit's operations. Regulatory Scrutiny: The...