Peugeot shareholders say yes to merger with Fiat Chrysler
The new company is called Stellantis and is the world's 4th-largest automaker. Enlarge (credit: Rafael Henrique/SOPA Images/LightRocket via Getty Images) For the past few years, Fiat Chrysler Automobiles has been looking to get married. After.....»»
Elon Musk has reason to worry about the judge set to rule on Twitter lawsuit
Musk draws judge who refused to let reluctant buyer out of a merger deal in 2021. Enlarge / Chancellor Kathaleen McCormick of the Delaware Court of Chancery, seated in the middle and surrounded by the court's vice chancellors and maste.....»»
Judge in Musk/Twitter case forced a company to complete a merger last year
Musk draws judge who refused to let reluctant buyer out of a merger deal in 2021. Enlarge / Chancellor Kathaleen McCormick of the Delaware Court of Chancery, seated in the middle and surrounded by the court's vice chancellors and maste.....»»
Twitter sues Elon Musk for backing out of $44 billion merger
Twitter has sued Elon Musk, hoping to force the billionaire to buy the social media platform at the agreed price of $54 per share.Elon MuskAs Bret Taylor, chairman of the board at Twitter, suggested on Monday, Twitter has sued Musk after he called of.....»»
Twitter tells Musk his “purported termination” of merger deal is invalid
Twitter sends letter slamming Musk in prelude to lawsuit. Enlarge Twitter told Elon Musk in a letter that his "purported termination" of their merger deal "is invalid and wrongful," and that his commitment to fund the purchas.....»»
Musk mocks Twitter legal threat after scrapping $44 billion deal; Twitter hits back
The series of tweets on Monday was Musk's first public response since he made public his intention to ditch the offer on Friday because Twitter had breached multiple provisions of the merger agreement. Twitter begged to differ......»»
Entombed together: Rare fossil flower and parasitic wasp make for amber artwork
Oregon State University fossil research has revealed an exquisite merger of art and science: a long-stemmed flower of a newly described plant species encased in a 30-million-year-old tomb together with a parasitic wasp......»»
Musk mocks Twitter legal threat after scrapping $44 billion deal
The series of tweets on Monday was Musk's first public response since he made public his intention to ditch the offer on Friday because Twitter had breached multiple provisions of the merger agreement......»»
Twitter gets ready to sue Elon Musk, hires elite merger law firm
Twitter will try to force Musk to complete $44 billion purchase. Enlarge (credit: Chris Delmas/Getty Images) Twitter has hired an elite law firm to handle its forthcoming lawsuit against Elon Musk, which could be filed any day.....»»
Image: Hubble spots a merging galactic gem
This NASA/ESA Hubble Space Telescope observation has captured the galaxy CGCG 396-2, an unusual multi-armed galaxy merger which lies around 520 million light-years from Earth in the constellation Orion......»»
Epic galaxy merger imaged by Hubble Space Telescope
Hubble has captured two galaxies merging, located 520 million light-years from Earth in the Orion constellation......»»
What"s Next for Twitter?
Elon Musk no longer wants to buy Twitter, which now will "pursue legal action" simply to "enforce" their planned merger agreement, according to the company's chairman. But however that plays out, Twitter is now in a worst-case scenario, one Wall S.....»»
Elon Musk is "terminating" the Twitter deal
Elon Musk sent a letter to Twitter seeking to terminate the merger agreement.....»»
Musk ends bid to buy Twitter [Updated]
Elon Musk’s buyer’s remorse could be very expensive. Enlarge (credit: Getty Images | SOPA Images ) Update: As suspected, Elon Musk has bailed on his bid to buy Twitter, citing multiple breaches of the merger agreement. Mus.....»»
Software Maker Zendesk To Be Bought by Investor Group in $9.5 Billion Cash Deal
Software maker Zendesk agreed to be acquired by a group of buyout firms led by Hellman & Friedman and Permira for about $9.5 billion. From a report: The all-cash transaction offers shareholders $77.50 a share, a premium of 34% over Zendesk's closing.....»»
Activision Blizzard board votes to reelect Bobby Kotick as CEO
One of the proposals voted on by the shareholders was on which directors would be elected to serve for another term, including Bobby Kotick in the role of CEO.....»»
Twitter board recommends shareholders vote in support of Musk acquisition
Twitter's board of directors has unanimously recommended that the social media company's shareholders vote to approve its sale to Elon Musk, according to a regulatory filing on Tuesday......»»
Polestar SPAC merger poised to raise $850 million on Wall Street
The EV maker -- a Volvo subsidiary -- and the Gores Guggenheim SPAC expect to start trading on the Nasdaq in New York on Friday......»»
Lyft agrees to $25 million settlement with shareholders over safety-related allegations
Lyft has agreed to a $25 million settlement with shareholders over allegations that it failed to adequately disclose threats to its reputation and business ahead of going public......»»
Credit Acceptance agrees to $12 million settlement in shareholder lawsuit
The shareholder plaintiffs, in their complaint, charged that Credit Acceptance's "wrongful acts, omissions, and scheme to defraud, and the precipitous decline in the market value of the Company's common stock" meant the shareholders had "suffered sig.....»»
U.S. automakers urge Congress to lift EV tax credit cap
General Motors, Ford, Chrysler-parent Stellantis and Toyota Motor North America are urging Congress to lift a cap on the $7,500 electric vehicle tax credit......»»