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EXPLAINED: 17 | Rare Historical Photos

American-JetBlue antitrust trial testing limits of industry consolidation

American Airlines CEO Robert Isom told a federal judge Monday that the carrier was hindered in markets like New York and Boston because of the headstart that Delta and others had as blockbuster mergers shrunk the industry over the last two decades.

Tribune News Service

UnitedHealth Group completes $13 billion deal to acquire Change Healthcare

UnitedHealth Group has completed its acquisition of Tennessee-based Change Healthcare, a $13 billion dollar deal the Justice Department unsuccessfully tried to block this year on competitive grounds.

Tribune News Service

Here’s a bright idea to improve accountability in the water sector

Proposal to make all water firms publicly listed is not a cure-all but would force them to be more transparent

The Guardian - UK

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UnitedHealth closes roughly $8B deal for Change Healthcare

UnitedHealth Group says it has completed its acquisition of Change Healthcare, closing the roughly $8 billion deal a couple weeks after a judge rejected a challenge from regulators

The Independent UK

Encore Personnel acquired by Italy-based Gi Group

Encore was set up in Leicester in 2002 and has branches in Leicester, Birmingham and across the Midlands

Birmingham Post

Frasers prepares ground for takeover of Australian retailer MySale

Owner of Sports Direct and Missguided ups share landgrab for discounter

Evening Standard

Shakespeare Martineau completes GL Law merger

The deal will add more than 60 people in Bristol, while boosting group turnover to more than £100m

Insider UK

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Exec says American Airlines lost track of valuable JFK slots in US Airways merger

American Airlines lost track of coveted space at JFK International Airport in New York following its merger with US Airways, resulting in the carrier giving up flights at one of the world’s most competitive airports, a top executive testified Friday.

Tribune News Service

Ten things Elon Musk's texts reveal about the Twitter deal

A new trove of text messages between Elon Musk and Twitter Inc. executives, close friends, potential investors and Silicon Valley bros sheds light on how a $44 billion deal by the world’s richest person to buy the social media company came about — and ended up in court.

Tribune News Service

Texts released ahead of Twitter trial show Elon Musk assembling the deal

Elon Musk's takeover of Twitter went down via private text messages between the Tesla CEO and a small circle of Silicon Valley's rich and powerful, according to court filings released this week.

WEKU

Global M&A just suffered its worst Q3 in a decade

The down arrows didn't discriminate by industry or geography.

Axios

Yasir Al-Rumayyan explains global PIF strategy change that paved way for Newcastle takeover

Newcastle United were taken over nearly a year ago and Yasir Al-Rumayyan has briefly touched on the change in Saudi Arabia's Public Investment Fund's global strategy that led to such investments

Chronicle Live

Capricorn Energy proposes merger with NewMed Energy

Edinburgh-based energy company's board unanimously overrides previous plan to merge with Tullow Oil

Insider UK

ACCC approves campervan companies' merger

NZX-listed THL and ASX-listed Apollo Tourism and Leisure will sell some of their fleet to Jucy in order for their merger to go ahead.

AAP

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StockNews.com

Is There Any Hope Left for This EV Stock?

Mullen Automotive (MULN) has failed to generate positive investor sentiment despite its latest bids and acquisitions, as is evident from its almost 94% decline this year. Moreover, the stock has hit its 52-week low of $0.32 in the last session. Also, considering the macroeconomic headwinds, will MULN be able to…

Birmingham Post

Cramlington's Quanta receives multimillion-pound investment from new North East investment fund

The engineering and construction services provider to the energy industry plans to

The Independent UK

JetBlue CEO first witness in US lawsuit against 2 airlines

A trial is underway in the federal government's lawsuit aiming to kill a partnership between American Airlines and JetBlue Airways in the Northeast

The Guardian - US

Elon Musk deposition in Twitter fight rescheduled for first week of October

Musk to be questioned under oath by Twitter lawyers on 6 and 7 October in preparation for five-day trial over abandoned $44bn takeover

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Asharq Al-Awsat

Elon Musk’s Twitter Deposition Rescheduled for Oct. 6-7

Elon Musk is scheduled to be questioned under oath by Twitter Inc lawyers on Oct. 6-7 as the social media company prepares for a trial next month over the billionaire' s bid to walk away from a $44 billion takeover, according to a Tuesday court filing. Musk's deposition was originally…

Axios

Elon Musk's Twitter revenge play

If Musk is forced to buy Twitter, he'll work to prove his doubters wrong.

Benzinga

EXCLUSIVE: Global Psychedelics Company Silo Wellness Acquires Dyscovry Science, Including Access To Its Gov Collaborations

According to information procured exclusively by Benzinga ahead of an official announcement, global psychedelics company Silo Wellness Inc.

Daily Record

Perth-based Balhousie Care Group bought by international health care firm in multi-million pound deal

The deal with AcalisCare means Balhousie and its 1400 staff now enter an “exciting growth phase”, said former chairman Tony Banks, who founded the local business 30 years ago

The Guardian - US

Elon Musk to face deposition by Twitter lawyers ahead of trial

Attorneys are expected to use the interview to try to show that Musk abandoned the deal due to falling financial markets

Benzinga

Trump's Deadbeat SPAC Switches Address To A P.O. Box - From A WeWork Office Space In Miami

A SPAC set to take Donald Trump’s media company public has been linked to troubles with finances and difficulties finalizing its merger. A filing reveals the company changed its mailing address and it could provide a hint of financial troubles.

Tribune News Service

American Airlines-JetBlue antitrust trial starts Monday with high stakes for Biden

The government’s antitrust regulators are quickly approaching the proverbial line drawn in the sand over airline consolidation.

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