AT&T Inc. agreed to sell a stake in its pay-TV unit to private-equity firm TPG and carve out the struggling business, pulling the telecom giant back from a costly wager on entertainment. The transaction would […]
Salesforce is in talks to acquire Slack, and a deal could be announced as soon as next week, according to a person familiar with the matter. Shares of Slack closed almost 38% higher Wednesday after […]
BuzzFeed Inc. has agreed to acquire Verizon Media’s HuffPost in a stock deal, the companies said Thursday, uniting two of the larger players in digital media as companies across the sector search for ways to […]
The coronavirus pandemic has forever changed the microchip industry, kicking its consolidation into high gear as people rely more on massive data centers to host their video conferences and other productivity services. Capping off a […]
Backers of a proposed new group to take over Chinese-owned video-sharing app TikTok are working to create an ownership structure that would give U.S. interests a majority stake, in an effort to ease the Trump […]
Verizon Communications Inc. said it has agreed to buy TracFone, a provider of wireless prepaid services, in a deal worth nearly $7 billion in cash and stock, further consolidating the U.S. cellular market.
AMC Entertainment shares jumped as much as 21% after the close of regular trading on Tuesday following a story in the WSJ that the movie theater company is nearing a deal to avoid near-term bankruptcy. […]
GrubHub will merge with Europe’s Just Eat Takeaway.com to create one of the world’s largest online food delivery marketplaces, the companies announced on Wednesday. The all-stock merger deal values GrubHub shares at $75.15 a piece, […]