Tribune Media Co was to be acquired by Sinclair Broadcast Group for $3.9 billion. On Thursday, Tribune Media Co has terminated its $3.9 billion deal to be acquisition by Sinclair Broadcast Group, citing regulatory hurdles. Federal Communications Commission (FCC) Chairman… Read More ›
Reduced regulatory hurdles could spur more growth in the M&A scene in the EU. On Monday, CEB’s Francois Villeroy de Galhau, who is also the Governor of the Bank of France, stated, it is of prime importance that regulatory hurdles… Read More ›
Both Airbus and Boeing have commercial ties with IranAir. With U.S. President withdrwawing the United States from the deal, compliance to sanctions and export control regulations have suddenly become very complicated. European airplane maker Airbus stated, it will study the… Read More ›
The investment by the activist hedge fund, which prefers to conduct discussions with companies behind closed doors rather than on cable television, revolves around Citigroup’s reliable revenue source and low risk factor. ValueAct Capital Partners has invested $1.2 billion in… Read More ›
Boring Co is aiming to build underground tunnels for Elon Musk’s Hyperloop Project. Boring Co, Elon Musk’s startup which seeks to build underground tunnels for Musk’s hyperloop transportation project, stated it has raised $112.5 million in equity, 90% of which… Read More ›
In a strategic shift the UK-based gambling company is aiming to relocate the sources of its revenues from regulated markets in the wake of increased headwinds from lawmakers in its home market. On Thursday, Playtech, a British gambling technology company… Read More ›
For consumers who have enjoyed low to negative food inflation over the years, the jump in food prices is likely to be a shocker. In the push for cost cut led higher margins, U.S. trucking companies and railroad operators are… Read More ›
The meeting comes in the wake of a Pennsylvania-based refiner blaming regulation for its bankruptcy. Four sources familiar with the matter at hand have disclosed, a meeting has been called early next week by U.S. President Donald Trump who will… Read More ›
The move is aimed at protecting Britain’s automotive industry and not disrupt its well-oiled supply chain. Britain’s health minister, Jeremy Hunt stated the country will align its regulations with the European Union’s in some areas, including the automotive sector, after… Read More ›
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