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The Latest Breaking News on M&A

Elon Musk Subpoenas Former Twitter Chief Jack Dorsey

Elon Musk has served former Twitter boss Jack Dorsey with a subpoena in a hunt for material to help him get out of buying the giant social media platform for $44 billion as agreed. Records made public on Monday show Dorsey was served with a legal order to give Musk…

Asharq Al-Awsat

Elon Musk seeks documents from former Twitter CEO Jack Dorsey in takeover dispute

A trial in October should decide whether the takeover deal will go ahead

Evening Standard

What Does Jack Dorsey Know? Elon Musk Subpoenas Twitter Co-Founder Ahead Of Trial

The battle between social media platform Twitter Inc (NYSE: TWTR) and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk continues to heat up: Musk has subpoenaed former Twitter CEO Jack Dorsey ahead

Benzinga

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read the most diverse news in one place.

AMC stocks drop sharply as investors sour on ‘meme-stock’ rally

Movie theatre chain fall 31% while rival Cineworld warns of potential bankruptcy filing

The Guardian - US

Cineworld confirms it is considering bankruptcy but 'no significant impact' on employees

The world's second-largest cinema chain is struggling under heavy debts

Manchester Evening News

Cineworld theater chain confirms it's considering bankruptcy

Cineworld Group says it's considering filing for Chapter 11 bankruptcy protection in the U.S. and similar actions elsewhere

The Independent UK

Cineworld confirms it is considering bankruptcy as it struggles with debts in US

The cinema chain is going through struggles with almost $5 billion of debt.

Irish Mirror

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Cineworld staff reassured as cinema chain confirms it is considering bankruptcy

It could come as part of a restructuring of the business which is struggling under heavy debts

Wales Online

Cineworld confirms it is considering bankruptcy

The cinema chain operates 127 sites in the UK and employs 28,000 staff globally

Liverpool Echo

Cineworld considering bankruptcy but no 'significant impact' on jobs

Bosses at the world’s second-largest cinema chain said its theatres would continue to trade

Birmingham Post

Cineworld heads to US bankruptcy filing as debt woes mount

UK insolvency now possible -- company declines comment

Evening Standard

Nearmap agrees to $1b private equity offer

Sydney-based aerial mapping company Nearmap has agreed to be taken over by US private equity firm Thoma Bravo in what Macquarie calls almost a done deal.

AAP

Fears over future of Nottingham Cineworld after reports chain close to bankruptcy

"We will miss it if it does go"

Nottingham Post

Cinema chain Cineworld ‘to file for bankruptcy within weeks’, reports suggest

The company has declined to comment

Nottingham Post

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Manchester Evening News

Cineworld cinemas could be at risk as company 'preparing to file for bankruptcy', according to reports

The entertainment giant's market value has plummeted due to the fallout from the pandemic

The National (Scotland)

GB News's biggest backer sells stake in right-wing news channel

THE US media group Warner Bros Discovery has announced it will sell its stake in British news channel GB News.

Benzinga

Could Donald Trump's SPAC Deal Fall Apart? Here Are The Stakes

One of the best-performing stocks of 2021 was a SPAC merger between former President Donald Trump’s media company and the parent company of his social media platform, Truth Social.

ABC News

Qantas' takeover of FIFO airline hits roadblock, ASX slips as UK inflation surges to highest since 1982

The Australian share market snaps its three-day rally after a volatile session on Wall Street, consumer inflation in Britain surges to its highest level in 40 years, while the competition regulator flags concerns about Qantas' proposed takeover of Alliance Aviation.

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news in one place.

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The Guardian - UK

Cineworld’s story has shareholders watching through their hands

The cinema chain made a high-risk bet on audiences flooding back but is now forced into painful restructuring

Insider UK

US suitor pulls out of FirstGroup acquisition bid

Transport firm's board concludes final bid 'significantly undervalues' its current and future prospects

Evening Standard

Cineworld blames lack of blockbusters after ticket sales disappoint

‘Top Gun: Maverick’ has been one of the few major releases in the first half of 2022

Birmingham Post

Go-Ahead shareholders approve £669m takeover by international joint venture

The transport operator's shareholders voted in favour of the bid at a general meeting

The Independent UK

Manchester United and the Glazers’s debt explained

The Glazers’s ownership, made possible by a leveraged buyout in 2005, is under the microscope once again

The Guardian - UK

Ted Baker agrees takeover by US Reebok owner

Directors recommend 110p-a-share deal with ABG, which values the London-listed clothing firm at £211m

Benzinga

If You Invested $1,000 In Nikola Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

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