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Posts Tagged ‘mergers’

DOJ approves $26 billion T-Mobile and Sprint deal

Well, it's finally official. After more than a year in regulatory limbo, The United States Justice Department has approved a $26 billion dollar deal between mobile carriers T-Mobile and Sprint.

Here's the official announcement from DoJ.

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, July 26, 2019

Justice Department Settles with T-Mobile and Sprint in Their Proposed ...

Mega Mobile Merger: $26 billion Sprint and T-Mobile deal to be approved by Justice Department on Friday

The Justice Department is expected to approve a $26 billion deal between mobile carriers Sprint and T-Mobile on Friday.

Assistant Attorney General Makan Delrahim, head of the department’s Antitrust Division, will announce a significant merger enforcement action on Friday, the Justice Department announced earlier today.

Reuters:

The expected approval, which would put the deal over a ...

Spark Networks SE closes its $258M acquisition of dating brand Zoosk

Berlin-based Spark Networks, the owner of niche dating app brands like Christian Mingle, Jdate, LDSsingles, Silver Singles, Jswipe, and others, today announced it has acquired Match.com competitor Zoosk for a combination of cash and stock. The deal values Zoosk at approximately $258 million. Spark says it will issue 12,980,000 American Depositary Shares (ADS) to former ...

Pandora-powered channels will come to SiriusXM’s app this year

SiriusXM this week offered a few more details on how it plans to leverage its newest asset, Pandora, following its $3.5 billion acquisition of the streaming music service last year, which officially closes on Friday. At the time of the deal, the company spoke about the potential for cross-promotion opportunities between the services and new ...

Microsoft’s $7.5BN GitHub buy gets green-lit by EU regulators

Microsoft’s planned acquisition of ***-based code sharing and collaboration service, GitHub, has been given an unconditional greenlight from European Union regulators. The software giant announced its intention to bag GitHub back in June, saying it would shell out $7.5 billion in stock to do so. At the time it also pledged: “GitHub will retain its ...

Cloudera and Hortonworks announce $5.2 billion merger

Over the years, Hadoop, the once high-flying open-source platform, gave rise to many companies and an ecosystem of vendors emerged. It was long believed that some major companies would emerge from the pack, and, sure enough, Hortonworks went public in 2014. Cloudera followed three years later, but the market slowed down and the two companies ...

Strategic and Organizational Fit in Mergers and Acquisitions

08.27.2009 · Posted in Business News Article

To achieve viable findings this article will strive to meet the following objectives and aims: to gain an understanding of the success or non-success of Mergers and Acquisitions in terms of value creation for the company and the shareholders ...

Failure of Mergers: Examples

08.25.2009 · Posted in Business News Article

Corporate culture is the way an organization views itself, or its written and unwritten policies and procedures. Experts urge that in order to get a good organizational fit, one should look at its own corporate culture and try to acquire similar companies. ...