Deal Drama | CorpDev.Org

Elliott said to buy $1B of Citrix bonds as it increases bet on takeover [buyout/ takeover]

JHVEPhoto Elliott Investment Management is said to have purchased about $1 billion of the junk-bond deal supporting its planned buyout of software company Citrix Systems (NASDAQ:CTXS). Apollo Global...

The ‘Spac king’ abdicates the throne [Mergers & Acquisitions]

Plus, hedge funds press new deal with Trump’s social media shell company and bankers attempt to sweeten Citrix financing Source Author: unknown

Sen. Warren urges Dept. of Transportation to block JetBlue’s purchase of Spirit (update) [M A News on Seeking Alpha]

JillianCain/iStock Editorial via Getty Images Update 11:45pm: Adds JetBlue comment. Sen. Elizabeth Warren (D-MA) is requesting that the U.S. Department of Justice heavily scrutinize JetBlue's...

Musk, Twitter Clash Over $44B Deal Trial Delay In Del. [Law360: Mergers & Acquisitions]

By Jeff Montgomery (September 6, 2022, 9:02 PM EDT) -- Attorneys for tech billionaire Elon Musk urged Delaware's chancellor Tuesday to delay the scheduled Oct. 17 start of a trial on Twitter's suit...

Decision on Trump Media Merger Plan Is Deferred [NYT > Mergers, Acquisitions and Divestitures]

The company that hoped to merge with Trump Media is set to hold a shareholder vote Thursday on extending the deadline to complete the deal, and has a backup plan. Source Author: Matthew Goldstein

Neogen drops 9% as merger with 3M’s food safety business closes [M A News on Seeking Alpha]

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European Football Could Be an Own Goal for U.S. Funds [Private Equity Insights]

U.S. investment firms might end up scoring quite a few goals with their European soccer teams. Few of them are likely to translate into decent profits. On Wednesday, Italy’s AC Milan officially...

Microsoft Faces In-Depth UK Antitrust Probe Over $69B Deal [buyout/ takeover]

By Dawood Fakhir (September 1, 2022, 6:23 PM BST) -- Britain's competition watchdog told Microsoft on Thursday to offer fixes to address the risk that its planned $69 billion takeover of video game...

AC Milan Sale: RedBird Capital Buys Team for $1.2 Billion [NYT > Mergers, Acquisitions and Divestitures]

Milan, a seven-time European champion, was acquired by RedBird Capital for $1.2 billion. The investment firm has ties to both the Yankees and the Boston Red Sox. Source Author: Tariq Panja

Rio Tinto won’t go hostile for Turquoise if holders reject offer [buyout/ takeover]

Rio Tinto (NYSE:RIO) doesn't plan to make a hostile takeover offer for Turquoise Hill (NYSE:TRQ) if shareholders reject the company's revised C$43/share bid. Rio Tinto has "broad support" from...