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.....»»
Gokada to launch ride-hailing service in two Nigerian cities as part of super app plans
When two of Indonesia’s biggest companies — ride-hailing company Gojek and e-commerce marketplace Tokopedia — joined forces as GoTo Group last month, a key highlight from the merger was that the last-mile delivery space is still a h.....»»
Crypto sure requires a lot of fiat
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment. Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that a.....»»
GM, Palantir-backed Wejo to go public via SPAC
Wejo, the connected vehicle data startup backed by GM and Palantir, plans to go public through a merger with special purpose acquisition company Virtuoso Acquisition Corp. The agreement, announced in a regulator filing Friday, will give the combined.....»»
HP CEO Hurd Quits After Harassment Investigation
As the executive who oversaw its turnaround departs, the tech titan rushes to reassure customers and shareholders......»»
EV fast charger developer Tritium to go public via SPAC merger at $1.2B valuation
Another day, another mobility SPAC deal. This time, it’s Tritium, a Brisbane-based developer and producer of direct current fast EV chargers that is taking the SPAC path to the public market in a deal valuing the company at $1.2 billion. Tritium sa.....»»
Amazon Buys MGM, Studio Behind James Bond, for $8.45 Billion
James Bond has a new home: Amazon and MGM announced a definitive merger agreement under which Amazon will acquire MGM for $8.45 billion. From a report: MGM, founded in 1924, complements Amazon Studios, which has primarily focused on producing TV prog.....»»
Lum family acquires 2nd Toyota dealership
The Lum family already owns Lum's Auto Center, a Toyota-Chrysler-Dodge-Jeep-Ram store in Warrenton, Ore., and Lum's Buick-GMC-Cadillac in McMinnville, Ore......»»
GM-backed Wejo is in SPAC merger talks with Virtuoso
Virtuoso is seeking to raise new equity to support a transaction with a combined enterprise value of more than $1 billion......»»
Diehl Automotive buys its first Ford and Hyundai stores
The Ford and Hyundai dealerships are the group's first acquisitions since 2018 when it bought a Chrysler-Dodge-Jeep-Ram store in Salem, Ohio......»»
Canoo is being investigated by the SEC
Canoo, the Los Angeles-based electric vehicle startup that debuted on the Nasdaq public exchange earlier this year, is being investigated by the U.S. Securities and Exchange Commission, just months after its merger with special purpose acquisition co.....»»
AT&T to spin off WarnerMedia, basically admitting giant merger was a mistake
WarnerMedia and Discovery to merge, and standalone AT&T will focus on broadband. Enlarge (credit: Getty Images | Bloomberg) AT&T today announced it will spin off WarnerMedia—including HBO and Warner Bros.—into a new company, less than thre.....»»
Big Asia merger creates $18 billion ride-hailing and e-commerce group
Gojek and Tokopedia — two of Indonesia's biggest startups — have agreed to merge to create the largest tech group in the country and one of the biggest ride-hailing and e-commerce companies in southeast Asia......»»
AT&T nearing $150bn Discovery streaming merger - reports
A deal could see Harry Potter-maker Warner Bros. and Discovery's lifestyle channels under the same owner......»»
Tavares gives Chrysler, other brands 10 years
Stellantis' CEO says he's affording each of the 14 brands melded together from FCA and PSA Group a decade to execute a successful business plan......»»
Morneau Shepell Inc. 2021 annual and special meeting of shareholders held May 14, 2021
Company confirms name change and rebranding to LifeWorks TORONTO–(BUSINESS WIRE)–Morneau Shepell Inc. (the “Company” or “Morneau Shepell”) (TSX: MSI) held its annual and special meeting of shareholders virtually on.....»»
T-Mobile has cut 5,000 employees since the Sprint merger
The Wall Street Journal has revealed that T-Mobile had 75,000 full-time and part-time equivalent workers at the end of 2020, around 5,000 fewer than when the merger with Sprint was finalized. The figures make its previous promise sound a little hollo.....»»
N.Y. Ford dealer buys Long Island Chrysler-Dodge-Jeep-Ram store
Riverhead Chrysler-Dodge-Jeep-Ram had been owned by the Strollo family since 1976......»»
Stellantis extends shutdown at Ontario minivan plant due to chip shortage
The factory that builds the Chrysler Pacifica, Grand Caravan and Voyager will not operate during the week of May 17......»»
SHAREHOLDER ALERT: Robbins LLP Announces That BlueCity Holdings Limited (BLCT) is Being Sued for Misleading Shareholders
SAN DIEGO & BEIJING–(BUSINESS WIRE)–$BLCT #Shareholders–Shareholder rights law firm Robbins LLP announces that a purchaser of BlueCity Holdings Limited American depository shares (NASDAQ: BLCT) filed a class action complaint against.....»»
Downtime extended for Jeep Cherokee, Chrysler minivans
The plants in Belvidere, Ill., and Windsor, Ontario, will remain offline through mid-May because of the global microchip shortage......»»