Merck & Co. is in the final stages of negotiations to acquire Prometheus Biosciences, Inc., a bioscience company that focuses on innovative therapies for immune and inflammatory disorders. According to sources familiar with the matter, the deal is expected to be completed soon, marking another major pharmaceutical acquisition in the biotech industry. This move is … Read more
Sega, the Japanese video game company, is reportedly nearing a deal to acquire Rovio, the maker of Angry Birds, for a staggering $1 billion. According to the Wall Street Journal, the acquisition is part of Sega’s push to expand its mobile gaming business and strengthen its position in the highly competitive gaming industry. The potential … Read more
The Federal Trade Commission (FTC) has called for a temporary halt to the proposed acquisition of Black Knight, a mortgage technology firm, by Intercontinental Exchange (ICE). The FTC has expressed concerns that the deal could lead to reduced competition, ultimately hurting consumers. The proposed merger, worth $11 billion, has already faced opposition from industry experts … Read more
Microsoft’s impending acquisition of Activision Blizzard is under scrutiny following concerns from EU regulators that the deal could harm competition in the gaming industry. To seek approval from the EU, Microsoft has presented a plan of remedies offering concessions that would address concerns about their market position. This article will explore the EU’s concerns and … Read more