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Merger arbitrage is the business of trading stocks in companies that are involved in takeovers or mergers. The most basic of these trades involves buying shares in the targeted company at a ...
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Capri, the parent company of fashion brands Michael Kors and Jimmy Choo, saw its stock tank nearly 50% on Friday after a federal judge blocked its pending $8.5 billion merger with Coach owner ...
Adobe is going all in on generative AI models and tools, even if that means turning away creators who dislike the technology. Artists who refuse to embrace AI in their work are “not going to be ...
The much-anticipated merger of JioCinema and Disney+ Hotstar is set to shake up India’s streaming world, potentially creating a powerhouse that could dominate the market. As two of India’s ...
It’s still an open question as to what happens next. The deal, which would be the largest supermarket merger in U.S. history, is facing numerous legal challenges at both the state and federal ...
DENVER — After three weeks of testimony, closing arguments were heard Friday in the Colorado antitrust trial regarding the planned nationwide merger of Kroger and Albertsons. Albertsons owns 103 ...
The newest American fashion conglomerate is off the cards — pending an appeal. On 24 October, a US judge blocked the Tapestry-Capri merger following an eight-day trial, which ended on 17 September and ...