Tag: merger
Facebook’s Kustomer buy could face EU probe after merger referral
The European Union may investigate Facebook’s $1BN acquisition of customer service platform Kustomer after concerns were referred to it under EU merger rules. A spokeswoman for the Commission confirmed it received a request to refer the proposed acquisition from Austria under Article 22 of the EU’s Merger Regulation — a…
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Lessons from Top Hat’s acquisition spree
Top Hat, a startup that digitizes textbooks and turns them into an interactive experience for college students, announced on Wednesday that it has acquired yet another business: Fountainhead Press. The acquisition marks Top Hat’s third scoop of a publishing company in the past 12 months. Consolidation is going to be…
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T-Mobile asks California to soften 5G, job conditions for Sprint merger
T-Mobile is hoping to ease some of the conditions it agreed to for its merger with Sprint. The carrier has asked California’s Public Utilities Commission to roll back three main requirements. It wants the CPUC to delay 5G coverage and speed targets f… Source
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Grubhub sells itself to Just Eat to create a food delivery giant
The food delivery world is about to get a bit smaller. Just Eat Takeaway.com (Just Eat to most people) is buying Grubhub in a deal worth $7.3 billion. The merger will create the largest online food delivery outlet outside of China, according to the c… Source
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Virgin Media and O2 announce £31 billion UK merger
The rumors were true: UK broadband provider Virgin Media and telecoms operator O2 are to merge, their parent companies confirmed today. In a statement, Liberty Global and Telefonica said that the deal — which values the 50-50 venture at just over £31… Source
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Virgin and O2 might merge to create a UK telecom giant
Two of the bigger telecoms in the UK are reportedly close to uniting. The Guardian sources say the owners of Virgin Media and O2, Liberty Global and Telefonica, are in talks for a UK joint venture that would unite their mobile, internet and TV effort… Source
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