Israel and Lebanon sealed a landmark offer on Thursday to resolve a long-simmering dispute in excess of their maritime borders. But there was no joint community signing ceremony, a stark reminder of the bellicose record involving two nations with a legacy of conflict. As a substitute, the deal took the […]
Deal
Nvidia-Arm deal: The biggest computer chip deal in history has fallen apart
At an initial value of $40 billion, the US chipmaker’s acquisition of British design firm ARM would have been the largest semiconductor deal on record. But regulators around the world have long raised concerns about the deal, eventually leading to its collapse on Tuesday. In a statement, SoftBank cited “significant […]
Zoom buys Five9 in $14.7 billion deal to prepare for a post-pandemic world
Zoom (ZM) announced the acquisition Sunday night. In a statement, it said the move will “help enhance Zoom’s presence with enterprise customers and allow it to accelerate its long-term growth opportunity.” Five9 provides software to customer service centers for over 2,000 clients around the globe. The all-stock deal will give […]
Boris Johnson’s global Britain needs more than a tiny Australian trade deal
By comparison, Britain’s new trading relationship with the European Union is expected to lead to a long-run loss of output of around 4% compared to remaining in the bloc, according to a previous forecast by the UK Office for Budget Responsibility, which produces economic projections for the government. The deal […]
Marriott Vacations Bolsters West Coast Presence in $430 Million Deal. Here’s Analysts’ Take.
Analysts largely believe Marriott Vacations’ acquisition of Welk Resorts makes strategic sense. Here, a Welk unit in San Diego. Courtesy of Welk Resorts Text size Marriott Vacations Worldwide plans to expand its footprint, especially on the West Coast, with a $430 million acquisition of Welk Resorts, one of the largest […]