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Regulatory Approval

All articles tagged with #regulatory approval

United's Kirby Floated Delta Merger, But Delta Rejected the Plan
business1 month ago

United's Kirby Floated Delta Merger, But Delta Rejected the Plan

According to The Wall Street Journal, United Airlines CEO Scott Kirby spoke with Delta CEO Ed Bastian in 2025 about a potential United-Delta merger; the talks reportedly did not progress and Delta declined to pursue the deal, and Kirby later pitched a similar merger to American's CEO Robert Isom, which AA also rejected. The idea of a mega US carrier raised questions about competition and consumer prices, with Delta opposing consolidation and regulators wary of reduced competition.

via One Mile at a Time|
#business#delta-air-lines#merger
Kroger expands regional footprint with $1.65B Giant Eagle deal
business1 month ago

Kroger expands regional footprint with $1.65B Giant Eagle deal

Kroger announced plans to acquire Giant Eagle for $1.65 billion (including $1.25 billion in cash and $400 million in assumed liabilities), with closing expected in 2027 and limited store divestitures to win regulatory approval. The deal broadens Kroger’s geographic reach, including Pennsylvania, and marks the first acquisition under CEO Greg Foran.

via Grocery Dive|
#business#giant-eagle#grocery-retail
Axel Springer to Acquire The Telegraph for £575 Million, Expanding Global Media Footprint
business5 months ago

Axel Springer to Acquire The Telegraph for £575 Million, Expanding Global Media Footprint

Axel Springer agreed to acquire The Telegraph for £575 million ($766 million), with the deal subject to regulatory approval; the sale ends years of ownership uncertainty for the British paper and broadens Springer’s international footprint, while pledging editorial independence and plans to grow Telegraph digitally, including entry into the U.S. market and use of AI tools.

via The New York Times|
#acquisition#axel-springer#business
Google Maps cleared to operate in South Korea under new security rules
technology6 months ago

Google Maps cleared to operate in South Korea under new security rules

South Korea’s transport ministry granted conditional approval for Google Maps to export detailed mapping data, requiring data processing on domestic servers, local hosting, government clearance, and security controls (including blurring sensitive areas) along with a compliance officer; this ends a decades-long ban that previously blocked walking and driving directions and signals a shift that could boost Maps’ competitiveness against local rivals and aid foreign visitors.

via Financial Times|
#data-export#google-maps#maps-data
Paramount Skydance to Acquire Warner Bros. Discovery in Historic $110 Billion Deal
business6 months ago

Paramount Skydance to Acquire Warner Bros. Discovery in Historic $110 Billion Deal

Paramount Skydance agreed to acquire Warner Bros. Discovery in a deal valued at about $110 billion including debt, valuing WBD around $77 billion in equity at $31 a share and bringing together WBD’s film studio, HBO Max and CNN with Paramount Skydance’s library; Netflix had bid earlier but pulled out and will receive a $2.8 billion termination fee. The deal requires regulatory clearances and WBD shareholder approval, with a Sept. 30 ticking fee if not closed and a target closing in early spring 2026, while integration details remain unclear.

via NBC News|
#business#merger#netflix
Paramount Hikes Bid for Warner Bros. Discovery as Regulatory Fees Enter Play
business6 months ago

Paramount Hikes Bid for Warner Bros. Discovery as Regulatory Fees Enter Play

Paramount Global has boosted its bid for Warner Bros. Discovery to $31 a share in cash, plus a $7 billion regulatory termination fee if regulators block the deal, and a ticking fee of $0.25 per quarter after Sept. 30, 2026; Paramount also agreed to cover WBD’s $2.8 billion Netflix termination fee. Netflix has offered about $27.75 per WBD share (roughly $82.7 billion). WBD’s board has not yet declared Paramount’s offer superior to Netflix’s, and could trigger a four‑business‑day negotiation window for Netflix if it deems Paramount’s bid a “Company Superior Proposal.” The bid comes as Paramount pursues a potentially hostile deal ahead of a March 20 shareholder vote on the Netflix agreement.

via The Hollywood Reporter|
#business#mergers-and-acquisitions#netflix
business6 months ago

Uber to acquire SpotHero to add in-app parking reservations

Uber Technologies plans to acquire SpotHero, bringing SpotHero’s parking reservation network (over 13,000 locations in 400+ cities across the US and Canada) onto the Uber app to offer native parking for commuters, events, and airports, with potential parking benefits for Uber One members; the deal is expected to close in the first half of 2026, subject to regulatory approval and customary closing conditions.

via Uber|
#acquisition#business#parking
FDA to Revisit Moderna’s New mRNA Flu Vaccine for Adults 50+
health6 months ago

FDA to Revisit Moderna’s New mRNA Flu Vaccine for Adults 50+

The FDA will review Moderna’s newly developed mRNA seasonal flu vaccine after a prior rejection over trial design, with no safety or efficacy concerns cited. Moderna says it has met with the FDA and proposed a revised regulatory pathway, seeking full approval for adults 50–64 and accelerated approval for 65+, potentially making the vaccine available for those 50+ in the 2026–2027 flu season if approved.

via CNN|
#fda#flu-vaccine#health
American Airlines to Resume nonstop US–Venezuela flights pending approvals
business7 months ago

American Airlines to Resume nonstop US–Venezuela flights pending approvals

American Airlines announced plans to reinstate nonstop service between the United States and Venezuela, becoming the first carrier to reconnect the two countries. The flights are contingent on government approvals and security assessments and are intended to support business, leisure and humanitarian travel. The airline, which has a 30-year history with Venezuela, says it will work with regulatory authorities, unions and staff before resuming service.

via American Airlines Newsroom|
#air-travel#american-airlines#business
Verizon-Frontier merger clears regulators, paving the way for a nationwide fiber-mobile combo
business7 months ago

Verizon-Frontier merger clears regulators, paving the way for a nationwide fiber-mobile combo

Verizon and Frontier have cleared all regulatory hurdles to close their acquisition on January 20, 2026, expanding Verizon’s fiber footprint to nearly 30 million passings across 31 states and Washington, D.C., enabling cross-sell opportunities and new bundled mobility and fiber offers after closing, with Frontier’s stock to be delisted following the completion of the deal.

via Verizon|
#acquisition#business#fiber