
A late-night comedy show's cancellation has reignited deal drama, with reports of tit-for-tat maneuvering between major corporations and regulators holding the power to say yea or nay to M&A activity.
Before ABC pulled “Jimmy Kimmel Live,” Federal Communications Commission (FCC) Chair Brendan Carr appeared on a far-right podcast, warning Walt Disney Co (NYSE:DIS) to address Kimmel's joke about President Donald Trump's MAGA supporters trying to "characterize" Charlie Kirk‘s killer "as anything other than one of them and doing everything they can to score political points from it."