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Mergers and acquisitions

Activist Barington takes aim at Macy’s, seeks spending, real-estate fixes

by Tudur Aled
Activist Barington takes aim at Macy’s, seeks spending, real-estate fixes

People walk past the Macy’s Herald Square flagship store on November 29, 2024 in New York City.  David Dee Delgado | Getty Images Activist investor Barington Capital revealed Monday it …

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Intel adds two new directors with CEO search underway

by Mirza Adeeb
Intel adds two new directors with CEO search underway

The logo of Intel is seen during Computex 2024 in Taipei, Taiwan, June 4, 2024. I-hwa Cheng | Afp | Getty Images Intel on Thursday announced the appointment of two …

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Trump repeats vow to ‘block’ Nippon Steel’s bid for U.S. Steel

by Joseph Addison
Trump repeats vow to ‘block’ Nippon Steel’s bid for U.S. Steel

Alex Wong | Getty Images News | Getty Images U.S. President-elect Donald Trump has pledged to block Japanese company Nippon Steel’s planned purchase of U.S. Steel. “I am totally against …

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Intel close to $8 billion CHIPS Act grant: Source

by Mirza Adeeb
Intel close to  billion CHIPS Act grant: Source

Intel CEO Patrick Gelsinger speaks prior to President Joe Biden’s remarks at Intel Ocotillo Campus on March 20, 2024 in Chandler, Arizona.  Rebecca Noble | Getty Images Chipmaker Intel and …

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CVS strikes deal with activist Glenview Capital for four board seats

by Joseph Addison
CVS strikes deal with activist Glenview Capital for four board seats

CVS Health announced on Monday that it struck a deal with dissident investor Glenview Capital for four board seats, just a few weeks after the health-care giant ousted former CEO …

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VCs say tech investing is ‘tough’ amid IPO lull and ‘nuts’ AI hype

by Mirza Adeeb
VCs say tech investing is ‘tough’ amid IPO lull and ‘nuts’ AI hype

Edith Yeung, general partner at Race Capital, and Larry Aschebrook, founder and managing partner of G Squared, speak during a CNBC-moderated panel at Web Summit 2024 in Lisbon, Portugal. Rita …

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DirecTV says Dish purchase is off

by Joseph Addison
DirecTV says Dish purchase is off

A Dish Network satellite dish (L) is mounted next to a DirecTV dish on the roof of an apartment building on April 15, 2013 in San Rafael, California.  Justin Sullivan …

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Activist Elliott has $5 billion Honeywell stake, seeks breakup

by Joseph Addison
Activist Elliott has  billion Honeywell stake, seeks breakup

The Honeywell International sign sits outside of the company’s former global headquarters in Morristown, New Jersey. Daniel Barry | Bloomberg | Getty Images Activist investor Elliott Management has a $5 billion-plus stake in …

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Ackman seeks U.S. listing for Universal Music Group in 2025

by Joseph Addison
Ackman seeks U.S. listing for Universal Music Group in 2025

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Universal Music Group, home to …

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Cities In Ohio Are Scooping Out Intersections To Prevent Street Takeovers

by Juhani Aho
Cities In Ohio Are Scooping Out Intersections To Prevent Street Takeovers

Like any community, the automotive enthusiast community has some factions and subsets that are more troublesome than others, and the latest battleground for automotive rabble rousers are street takeovers. Cities …

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