Coverage: Comcast plans to outbid Disney for Fox
Comcast Corp. confirmed that it is in the advanced stages of preparing an all-cash offer for 21st Century Fox intended to trump Walt Disney Co.’s $52.4-billion stock bid. Meg James and Stephen Battaglio of the Los Angeles Times had the news: The stakes are enormous: The power play could determine which media company — Disney or Comcast — will […]
Bloomberg seeks reporter to cover health care M&A
Bloomberg News is seeking an experienced reporter for the Deals team in New York, with a focus on U.S. health care M&A. We’re looking for a dedicated news breaker with an existing source network, and a team player who can work with colleagues across the newsroom to generate scoops on some of the biggest, most […]
Coverage: CBS sues Shari Redstone to block Viacom merger
CBS Corp. has filed suit and sought a temporary restraining order against Shari Redstone and her company, National Amusements, in an attempt to thwart a forced merger with Viacom. Mike Snider of USA Today had the news: The suit, filed in Delaware Chancery Court, alleges Redstone, her family and the company have breached their “fiduciary duties by […]
Coverage: Xerox drops deal with Fujifilm
Xerox Corp. said on Sunday it was ending a planned $6.1 billion deal with Fujifilm Holdings Corp. and had reached a settlement with activist investors Carl Icahn and Darwin Deason. Alwyn Scott of Reuters had the news: The company said Chief Executive Officer Jeff Jacobson had resigned and that John Visentin was expected to be the new […]
Coverage: T-Mobile and Sprint agree to $26 billion deal
T-Mobile US Inc. and Sprint Corp. on Sunday agreed to a $26 billion all-stock deal and argued they could win over skeptical regulators because the merger would create thousands of jobs and help the United States beat China to creating the next generation mobile network. Greg Roumeliotis, Sheila Dang and Liana B. Baker of Reuters had the news: The agreement capped […]
Capitol Forum opens Brussels bureau
The Capitol Forum has hired Anne MacGregor as its Brussels bureau chief, a new position. MacGregor will lead the news organization’s European Union merger and acquisitions analysis and reporting out of the home to the major councils and commissions of the European Union. “She will extend our existing coverage in the U.S. so that it […]
Bloomberg seeks an editor for deals team
Bloomberg News is seeking an editor for its Deals team in the U.S. Based in New York, the editor will work with reporters across the region on breaking news about corporate mergers, initial public offerings, activism and the world’s biggest private equity funds. They will also help coordinate coverage across industry teams and bureaus on […]
Coverage: Renault and Nissan in talks to combine
Renault SA and Nissan Motor Co. are in talks to merge, seeking to solidify their two-decade-old alliance under a single stock as an unprecedented shift toward electric and shared cars transforms the industry. David Welch, Ed Hammond, Kiel Porter and Jie Ma of Bloomberg News had the story: A deal would end the current alliance between the companies and […]
New editors named for risk arb and New York at Dealreporter/Mergermarket
Jay Antenen, deputy managing editor for Americas at Dealreporter and Mergermarket, sent out the following announcement on Wednesday: Dear All: As a continuation of our strategy to develop strong local management for our coverage of key sectors out of the New York office and to bolster our specialist risk arbitrage content, I’m delighted to announce […]
Dealreporter seeks consumer and industrials M&A reporter
Dealreporter, an online financial news service read by deal makers and investors, is looking for a reporter based in New York to cover M&A deals and corporate strategy in the consumer/retail and industrial sectors. Both industries are in flux as mega industrial conglomerates like General Electric attempt to break up and consumer and retail firms […]