The money-losing office space firm plans to merge with a blank-check company backed by big Wall Street investors.
Tag: Mergers, Acquisitions and Divestitures
Chevron’s Purchase Could Unlock Israel’s Natural Gas Bonanza
The oil giant’s takeover of Noble Energy gives it a foothold in an emerging energy hot spot: the eastern Mediterranean Sea.
TikTok’s Proposed Deal Under Review by Trump Administration
The Chinese-owned app designed a compromise to satisfy U.S. security concerns. The terms are now under review by the Trump administration.
The Woman Taking Over TikTok at the Toughest Time
Vanessa Pappas is keeping a focus on the app’s community of creators and users as it deals with pressure from President Trump, Beijing and a possible sale.
Samsung’s J.Y. Lee Faces New Charges
Lee Jae-yong stands accused of stock price manipulation and other offenses as he sought to tighten his control over the major corporate empire.
TikTok Deal Faces Complications as U.S. and China Ratchet Up Tit-for-Tat
China’s new export rules, which could delay or scuttle a sale of TikTok, have further turned giant companies into pawns in a geopolitical struggle.
How TikTok’s Talks With Microsoft Turned Into a Soap Opera
Neither side wanted a big deal. But what began as talks about a small investment ballooned with interventions from President Trump.
ByteDance Said to Offer to Sell TikTok’s U.S. Operations
The Trump administration has said the video app poses security concerns because of its Chinese ownership.
Microsoft Said to Be in Talks to Buy TikTok, as Trump Weighs Curtailing App
The discussions come as TikTok’s ownership by a Chinese company is under scrutiny by the White House and lawmakers.
TikTok’s Parent Said to Weigh Selling a Majority Stake in the Video App
The move would reduce ownership by a Chinese company, ByteDance, amid escalating tensions between the U.S. and China.