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Tag Archives: Deal

Uber Reaches Deal to Sell Stake to SoftBank

SAN FRANCISCO — Uber completed a deal on Sunday to sell a significant stake of itself to SoftBank, a Japanese conglomerate, paving the way for the ride-hailing company to make sweeping governance changes and to go public by 2019. Under the agreement, a consortium of investors led by SoftBank will ...

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Broadcom Targets Qualcomm in Largest-Ever Tech Deal

For years, Hock Tan studiously avoided the limelight, even as he built a onetime division of Hewlett-Packard into what is now Broadcom, a semiconductor maker whose chips help power the newest iPhone. Yet there he was last Thursday, standing beside President Trump at the White House and announcing plans to ...

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Trump Seeks Way to Declare Iran in Violation of Nuclear Deal

President Trump, frustrated that his national security aides have not given him any options on how the United States can leave the Iran nuclear deal, has instructed them to find a rationale for declaring that the country is violating the terms of the accord. American officials have already told allies ...

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F.D.A. Deal Would Relax Rules on Reporting Medical Device Problems

WASHINGTON — Makers of cardiac defibrillators, insulin pumps, breast implants and other medical devices might be able to delay reporting dangerous malfunctions to the Food and Drug Administration under an agreement heading for a vote in Congress. Device makers will still have to quickly report any injuries or deaths related ...

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Whole Foods Deal Shows Amazon’s Prodigious Tolerance for Risk

Joke all you want about drone-delivered kale and arugula. Amazon’s $ 13.4 billion bet to take on the $ 800 billion grocery business in the United States by acquiring Whole Foods fits perfectly into the retailer’s business model. Unlike almost any other chief executive, Amazon’s founder, Jeff Bezos, has built ...

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Amazon Deal for Whole Foods Starts a Supermarket War

Shares of Walmart, Target, Kroger and Costco, the largest grocery retailers, all tumbled on Friday. And no wonder. Grocery stores have spent the last several years fighting against online and overseas entrants. But now, with its $ 13.4 billion purchase of Whole Foods, Amazon has effectively started a supermarket war. ...

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Lyft and Waymo Reach Deal to Collaborate on Self-Driving Cars

SAN FRANCISCO — As the race to bring self-driving vehicles to the public intensifies, two of Silicon Valley’s most prominent players are teaming up. Waymo, the self-driving car unit that operates under Google’s parent company, has signed a deal with the ride-hailing start-up Lyft, according to two people familiar with ...

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Judge Blocks Aetna’s $37 Billion Deal for Humana

By REED ABELSON and LESLIE PICKER January 23, 2017 A federal judge ruled on Monday that a $ 37 billion merger between the health insurance giants Aetna and Humana should not be allowed to go through on antitrust grounds, siding with the Justice Department, which had been seeking to block the deal. The deal ...

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