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The Latest Breaking News on M&A

Elon Musk plans to cut 75% of Twitter staff if he takes over company – report

The news comes at a difficult time for the company, which had announced hiring freezes and has seen low employee morale

The Guardian - US

Musk says he's 'excited' about buying Twitter, but overpaying

San Francisco (AFP) - Elon Musk on Wednesday said he is "excited" about taking over Twitter, expressing enthusiasm even though he's spent months trying to break free of the $44 billion buyout contract.

AFP

Spirit shareholders approve sale to JetBlue. Tough scrutiny expected though to gain regulatory approval

Florida-based Spirit Airlines said its shareholders voted Wednesday to approve the airline’s $3.8 billion sale to New York-based JetBlue Airways, clearing the next step in a long road to combine the two airlines.

Miami Herald

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In Seattle, Kroger-Albertsons merger raises fears of closures, 'grocery deserts'

Nothing unsettles the average Seattleite quite like the thought of change at the local grocery store.

Tribune News Service

Frontier Airlines Wants to Give You a Free Flight

The airline has a new offer after it was jilted by Spirit for JetBlue.

The Street

Is Now the Right Time to Buy Twitter Stock?

The long-drawn Twitter (TWTR) acquisition saga has piqued investors’ interest worldwide, but it seems to end after Elon Musk reversed his course and proposed buying the company at the previously agreed-upon price. Amid this backdrop, will it be wise to buy the stock? Read on to learn our view….

StockNews.com

Kroger unveils $24.6 bn deal to create supermarket giant

New York (AFP) - Grocery chain Kroger will acquire smaller rival Albertsons in a $24.6 billion transaction announced Friday that would create a supermarket giant but could face tough regulatory scrutiny.

AFP

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Jewel, Mariano’s owners announce $20 billion merger

Kroger and Albertsons, two of the nation’s largest grocers, have agreed to merge in a deal that would help them better compete with Walmart, Amazon and others that have stepped into the grocery business.

Chicago Sun-Times

Kroger To Buy Albertsons In $25 Billion Grocery Market Shake-Up

Kroger CEO Rodney McMullen said the $25 billion merger with Albertsons "advances our commitment to build a more equitable and sustainable food system".

The Street

North east procurement firm doubles headcount

Move to a larger premises also clears a route for further growth - driven by North Sea energy client demand

Insider UK

Todd Boehly gives green light for £2bn deal to boost Chelsea owner's spending power

Chelsea news: Blues owner Todd Boehly is leading a deal to take a US company called Flexjet public, and this could be positive news for those at Stamford Bridge.

Football London

How will Twitter change under Elon Musk now £40bn deal is back on?

Elon Musk confirmed he was buying Twitter to the tune of £40billion earlier this year, and after numerous setbacks it is finally back on track. He has big plans for the platform, and here’s how it could change

Daily Mirror

Musk claims Twitter ordered whistleblower to destroy evidence

Elon Musk alleges that Twitter Inc. officials ordered a whistleblower to destroy evidence of the company's missteps as part of a $7.8 million severance package at issue in a legal fight over the billionaire’s attempt to cancel a buyout of the social media platform.

Tribune News Service

North East deals of the week: key acquisitions, investments and contracts

Companies to feature in this week's round-up include Hadrian Healthcare

Birmingham Post

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Investors Business Daily

Why It's Not A Good Time To Buy IBD Stock Of The Day Molina Healthcare — Yet

Molina Healthcare is the IBD Stock Of The Day after closing a $110 million acquisition. Now, MOH stock is working on a seven-week flat base.

Insider UK

Morrisons' takeover of McColls gets green light

The supermarket chain will sell 28 McColl’s stores to address concerns over local competition

The Guardian - UK

Octopus Energy reportedly closing in on takeover of Bulb

Deal to acquire rival’s 1.6m customers would end total cost to taxpayers at an estimated £4bn

The Street

Delta Makes a Change Loyalty Program Members Will Hate

But it's also introducing a few new loyalty perks.

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Dynamite News

Judge grants Elon Musk's request to halt Twitter trial until October 28

A Delaware court has delayed Elon Musk's Twitter trial to allow the Tesla CEO more time to complete his USD 44 billion purchase of the social media platform, Variety reported. Read more on Dynamite News:

The Guardian - UK

What happens now that Twitter v Elon Musk trial has been delayed?

All you need to know about the latest developments in the twisting takeover saga

The Independent UK

To buy Twitter, Musk has to keep banks, investors on board

If the squabbling ever stops over Elon Musk’s renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place

Benzinga

Is Elon Musk A Winner Or Loser If He Acquires Twitter? 41% Of Benzinga Followers Say...

Months after Elon Musk walked away from his original $44 billion buyout proposal for Twitter Inc (NYSE: TWTR), it was reported on Tuesday that the Tesla Inc (NASDAQ:

AFP

Judge halts Twitter-Musk case, sets Oct. 28 deadline to close deal

New York (AFP) - A US judge on Thursday suspended litigation in the saga over Elon Musk's proposed $44-billion takeover of Twitter, giving the parties until October 28 to finalize the on-again, off-again megadeal.

Axios

Twitter-Musk trial is on hold so deal can close, judge says

The trial had been schedule to kick off on Oct. 17.

AFP

Musk asks court to halt upcoming Twitter trial

New York (AFP) - Elon Musk asked a US judge Thursday to halt an upcoming trial over his troubled bid to take over Twitter, after the embattled social media company balked at the Tesla's chief's demand to freeze the litigation.

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