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The Latest Breaking News on M&A

Is There Any Hope Left for This EV Stock?

Mullen Automotive (MULN) has failed to generate positive investor sentiment despite its latest bids and acquisitions, as is evident from its almost 94% decline this year. Moreover, the stock has hit its 52-week low of $0.32 in the last session. Also, considering the macroeconomic headwinds, will MULN be able to…

StockNews.com

Cramlington's Quanta receives multimillion-pound investment from new North East investment fund

The engineering and construction services provider to the energy industry plans to

Birmingham Post

JetBlue CEO first witness in US lawsuit against 2 airlines

A trial is underway in the federal government's lawsuit aiming to kill a partnership between American Airlines and JetBlue Airways in the Northeast

The Independent UK

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Elon Musk deposition in Twitter fight rescheduled for first week of October

Musk to be questioned under oath by Twitter lawyers on 6 and 7 October in preparation for five-day trial over abandoned $44bn takeover

The Guardian - US

Elon Musk’s Twitter Deposition Rescheduled for Oct. 6-7

Elon Musk is scheduled to be questioned under oath by Twitter Inc lawyers on Oct. 6-7 as the social media company prepares for a trial next month over the billionaire' s bid to walk away from a $44 billion takeover, according to a Tuesday court filing. Musk's deposition was originally…

Asharq Al-Awsat

Elon Musk's Twitter revenge play

If Musk is forced to buy Twitter, he'll work to prove his doubters wrong.

Axios

EXCLUSIVE: Global Psychedelics Company Silo Wellness Acquires Dyscovry Science, Including Access To Its Gov Collaborations

According to information procured exclusively by Benzinga ahead of an official announcement, global psychedelics company Silo Wellness Inc.

Benzinga

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Perth-based Balhousie Care Group bought by international health care firm in multi-million pound deal

The deal with AcalisCare means Balhousie and its 1400 staff now enter an “exciting growth phase”, said former chairman Tony Banks, who founded the local business 30 years ago

Daily Record

Elon Musk to face deposition by Twitter lawyers ahead of trial

Attorneys are expected to use the interview to try to show that Musk abandoned the deal due to falling financial markets

The Guardian - US

Trump's Deadbeat SPAC Switches Address To A P.O. Box - From A WeWork Office Space In Miami

A SPAC set to take Donald Trump’s media company public has been linked to troubles with finances and difficulties finalizing its merger. A filing reveals the company changed its mailing address and it could provide a hint of financial troubles.

Benzinga

American Airlines-JetBlue antitrust trial starts Monday with high stakes for Biden

The government’s antitrust regulators are quickly approaching the proverbial line drawn in the sand over airline consolidation.

Tribune News Service

American Airlines-JetBlue antitrust trial starts Tuesday with high stakes for Biden

The government’s antitrust regulators are quickly approaching the proverbial line drawn in the sand over airline consolidation.

Tribune News Service

Swedish car sales group makes £400m bid for Pendragon

Shares in Pendragon were up 20 per cent this morning on the news

Birmingham Post

Ramsay Health Care buyout collapses

Australia's biggest business bid of the year, a $20 billion offer from a US private equity consortium to buy out Ramsay Health Care, has officially collapsed.

AAP

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The Independent UK

Judge rejects Justice Dept.'s bid to stop sugar merger

A federal judge has rejected the Justice Department’s bid to block a major U.S. sugar manufacturer from acquiring its rival, clearing the way for the acquisition to proceed

The Hindu

Fortis Healthcare seeks legal advice after Supreme Court orders forensic audit in its share sale

The Supreme Court on Thursday awarded six months jail term to former promoters of Fortis Healthcare Ltd

Benzinga

Trump-Linked SPAC's Investors Clamor For Better Deal As Time Runs Out: What It Means For DWAC And Truth Social

Digital World Acquisition Corporation (NASDAQ: DWAC), the SPAC that is set to merge with Donald Trump's company that owns the Truth Social platform, is reportedly facing pressure from investors amid its failure to complete the deal.

Evening Standard

Pendragon’s average used car price up by almost a third but inflation hits profit

Cost of the average second-hand car rises 32% to almost £19,000 amid shortage of new vehicles

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Newcastle Herald

Plans to merge competing offers in ongoing push for Dartbrook coal mine

There are plans in place to open the shuttered mine by the end of 2023.

The Guardian - AU

Australia to pay controversial US prisons operator $4.6m for 52 days of transition work on Nauru

MTC, which has been accused of ‘gross negligence’ that allegedly led to gang rape, will be paid during same period as previous contractor Canstruct

Daily Mirror

Mike Ashley quits as director of Sports Direct group - leaving son-in-law in charge

Mike Ashley is to step down as a director of Sports Direct owner Frasers Group next month after handing over the reins to his son-in-law and new chief executive Michael Murray

Benzinga

Deadbeat SPAC: Donald Trump's Social Network Isn't Paying Its Bills. Is This The Final Setback?

A SPAC set to take former President Donald Trump’s new media company public could be facing another setback. Here’s the latest.

The Guardian - UK

Whistleblower claims may not free Elon Musk from his Twitter hook

A court in Delaware will decide whether the Tesla chief can back out of his $44bn offer to buy the platform

The Times of India

Gautam Adani names son Karan to run cement firms; injects Rs 20,000 crore in Ambuja Cement

NEW DELHI: Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

Birmingham Post

GX Group completes management buyout in seven-figure deal

Former directors will stay on in the firm in different roles

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