#Visa and Plaid call off .3B merger citing DoJ pushback

#Visa and Plaid call off $5.3B merger citing DoJ pushback

“#Visa and Plaid call off $5.3B merger citing DoJ pushback” Visa is calling off its marriage with fintech startup Plaid rather than fight the Justice Department’s claims that the tie-up would limit competition in the debit-card market. The two companies announced after the closing bell on Tuesday that they are terminating their planned $5.3 billion…

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#SoFi to go public after merger with venture capital investor’s blank-check company

#SoFi to go public after merger with venture capital investor’s blank-check company

“#SoFi to go public after merger with venture capital investor’s blank-check company” Online lending startup Social Finance Inc. (SoFi) said Thursday it has agreed to go public through a merger with Social Capital Hedosophia Holdings Corp V, a blank-check acquisition company led by venture capital investor Chamath Palihapitiya. The deal values SoFi at around $8.65 billion and…

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#UnitedHealth to buy Change Healthcare for B to boost tech services

#UnitedHealth to buy Change Healthcare for $8B to boost tech services

“#UnitedHealth to buy Change Healthcare for $8B to boost tech services” Health insurer UnitedHealth Group on Wednesday agreed to buy Change Healthcare for $7.84 billion in an all-cash deal, as it looks to expand its fast-growing healthcare technology business. UnitedHealth will pay $25.75 per Change Healthcare share, a premium of 41.2 percent to Tuesday’s closing price. Shares of…

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#Wyndham Destinations buys Travel + Leisure for 0M

#Wyndham Destinations buys Travel + Leisure for $100M

“#Wyndham Destinations buys Travel + Leisure for $100M” Wyndham Destinations, an Orlando, Fla.-based timeshare resort company, has acquired Travel + Leisure from publishing giant Meredith in a $100 million deal. The resort company owns 230 timeshare resorts and runs 18 travel clubs. Meredith will continue to operate the media properties under a long term-licensing deal…

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#Fiat Chrysler, PSA shareholders clear B merger deal

#Fiat Chrysler, PSA shareholders clear $52B merger deal

“#Fiat Chrysler, PSA shareholders clear $52B merger deal” Fiat Chrysler Automobiles and French car giant PSA are now less than two weeks away from merging into the world’s fourth-largest automaker. The companies said more than 99 percent of their shareholders voted Monday to approve their massive $52 billion deal to combine into a new company…

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#DC media group buys NY’s City & State, plans expansion

#DC media group buys NY’s City & State, plans expansion

“#DC media group buys NY’s City & State, plans expansion” A DC-based news agency for politicians and bureaucrats has acquired City & State, a media business covering New York state and local politics for elected officials and government workers. Terms of the acquisition by Government Executive Media Group were not disclosed. But the company behind…

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#Ex-Viacom shareholders can sue Shari Redstone over ViacomCBS merger

#Ex-Viacom shareholders can sue Shari Redstone over ViacomCBS merger

“#Ex-Viacom shareholders can sue Shari Redstone over ViacomCBS merger” A Delaware judge ruled this week that former Viacom shareholders may pursue a lawsuit accusing Shari Redstone of engineering a “patently unfair” merger that created ViacomCBS so she could become a media magnate like her late father, Sumner Redstone. Vice Chancellor Joseph Slights of the Delaware Chancery Court said…

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