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August 18, 2022

Takeover

After Elon Musk jokes about Man United takeover, which billionaire should buy the club?

ESPN
by ESPN01
Despondent Manchester United fans were lulled into thinking that all their Christmases had come at once this week when Elon Musk, the richest person in the world, said he was going to buy the ailing Premier League club. 2 Related The Tesla and SpaceX CEO, whose net worth Forbes reports......
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Elliott exited Twitter during second quarter amid takeover frenzy, filings show

Reuters
by Reuters01
The Twitter logo is seen on the floor at the New York Stock Exchange in New York, November 7, 2013. REUTERS/Lucas Jackson/File Photo Register now for FREE unlimited access to Reuters.com Register BOSTON, Aug 15 (Reuters) – Elliott Management, the hedge fund that pushed for big changes at Twitter two......
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From legroom to airfare: How JetBlue’s takeover of Spirit could change air travel

CNBC
by CNBC032
CNBC – For more and to sign up click here Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines relented this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking......
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Spirit ends merger agreement with Frontier, continues takeover talks with JetBlue

CNBC
by CNBC08
CNBC – For more and to sign up click here A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images Spirit Airlines terminated its merger agreement with Frontier Airlines on Wednesday,......
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Twitter misses earnings expectations, partially blames revenue drop on Elon Musk takeover bid

CNBC
by CNBC032
CNBC – For more and to sign up click here The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images Twitter reported earnings for the second quarter on Friday that missed analyst estimates on earnings, revenue and user growth. Shares of Twitter......
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Twitter’s stock falls further as doubts swirl over Elon Musk’s takeover.

New York Times
by New York Times01
Shares of Twitter fell more than 5 percent in premarket trading on Monday, as investors anticipated a potentially drawn-out legal battle between the social media company and Elon Musk over his move to scrap a deal to buy the company. Mr. Musk reached an agreement to buy Twitter for $44......
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Microsoft’s $69 billion Activision takeover faces competition probe in the UK

CNBC
by CNBC051
CNBC – For more and to sign up click here Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard’s games character. Dado Ruvic | Reuters The U.K.’s competition watchdog on Wednesday opened an investigation into Microsoft‘s acquisition of video game publisher Activision Blizzard. This is a breaking......
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Dye & Durham lowers Link Administration takeover offer by a quarter

Reuters
by Reuters01
June 27 (Reuters) – Australia’s Link Administration (LNK.AX) said on Monday Canadian cloud-based software company Dye & Durham Ltd (DND.TO) lowered its takeover offer by nearly a quarter to A$2.21 billion ($1.54 billion) citing low market value of the share registry firm. Dye & Durham (D&D) has now offered Link......
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Leonardo’s DRS to land on Nasdaq with RADA takeover

Reuters
by Reuters00
Leonardo logo and stock graph seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register MILAN, June 21 (Reuters) – Leonardo’s (LDOF.MI) U.S. electronics business DRS (2VZ.F) has agreed an all-stock takeover of Israel’s RADA Electronic Industries , the Italian......
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Britain’s Go-Ahead agrees to $789 mln takeover by Australian-Spanish consortium

Reuters
by Reuters00
A Go-Ahead bus crosses Westminster Bridge in London, Britain August 29, 2015. REUTERS/Neil Hall/ Register now for FREE unlimited access to Reuters.com Register June 13 (Reuters) – British transport operator Go-Ahead (GOG.L) on Monday agreed to be bought by a consortium of Australia’s Kinetic Holding Co and Spain-based transport infrastructure......
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Credit Suisse shares spike on reported State Street takeover interest

Reuters
by Reuters01
MILAN, June 8 (Reuters) – Shares in Credit Suisse (CSGN.S) turned sharply higher on Wednesday afternoon, with traders citing an Inside Paradeplatz report that U.S-based State Street (STT.N) is planning a takeover bid for the troubled lender, though some in the industry doubt the claim. Credit Suisse shares ended up......
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Ted Baker says preferred bidder backs out of making takeover offer

Reuters
by Reuters00
People walk past a Ted Baker store on Floral Street, in London, Britain, April 3, 2022. Picture taken April 3, 2022. REUTERS/Peter Nicholls/File Photo Register now for FREE unlimited access to Reuters.com Register June 7 (Reuters) – British fashion chain Ted Baker (TED.L) said on Tuesday its preferred bidder will......
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Rogers asks tribunal to scrap Canada competition bureau’s rejection of Shaw takeover

Reuters
by Reuters00
A person walks near the Rogers Communications building in Toronto, Ontario, Canada on October 22, 2021. REUTERS/Carlos Osorio Register now for FREE unlimited access to Reuters.com Register June 3 (Reuters) – Rogers Communications Inc (RCIb.TO) on Friday asked a tribunal to scrap Canada competition bureau’s rejection to its C$20 billion......
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FTSE 100 tracks upbeat global mood, Countryside soars after takeover approach

Reuters
by Reuters01
Pedestrians leave and enter the London Stock Exchange in London, Britain August 15, 2017. REUTERS/Neil Hall Register now for FREE unlimited access to Reuters.com Register Countryside tops midcap index FTSE 100 touches highest since April 22 Ted Baker climbs on takeover report FTSE 100 up 0.2%, FTSE 250 adds 0.8%......
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Chelsea takeover: Todd Boehly completes £4.25bn takeover as Roman Abramovich era ends

CNBC
by CNBC049
CNBC – For more and to sign up click here Boehly’s simple refusal to countenance any distractions has proved central to the Connecticut billionaire’s successful Chelsea takeover. Nurphoto | Nurphoto | Getty Images The Todd Boehly-led consortium have completed a £4.25bn takeover of Chelsea, ending Roman Abramovich’s 19-year ownership of......
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Todd Boehly completes £4.25bn Chelsea takeover

ESPN
by ESPN01
A consortium led by Los Angeles Dodgers part-owner Todd Boehly has completed its takeover of Premier League club Chelsea in a deal worth up to £4.25 billion. The deal was formally announced on Saturday, bringing Roman Abramovich’s 19-year tenure to an end and freeing Chelsea from restrictions relating to sanctions......
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