The New York Times – On the Runway:
A flurry of negotiations last week cleared the way for an antitrust court battle with states that could determine the fate of the two iconic media giants.
Category: Mergers, Acquisitions and Divestitures
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Sell the Company for $400 Million? He’s Giving It Away Instead.
The New York Times – On the Runway:
After his sole heir died, Eddie Smith, the owner of Grady-White Boats, looked for a way to pass on his legacy. He was inspired by Patagonia to pledge future profits to charity.
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Chanel Is Buying Charvet, the World’s Oldest Shirt Maker
The New York Times – Fashion & Style:
The French luxury group is acquiring Charvet, a Parisian brand that dates to the 1830s, in a bid to add some men’s wear savoir-faire to its portfolio.
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What’s Next Now That Live Nation Has Been Found to Act as a Monopoly
The New York Times – Music:
The music industry may be significantly changed by the judicial rulings to come, but there is still a lot of lawyering left to do.
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For Struggling JetBlue, Spirit’s Demise May Offer an Opportunity
The New York Times – Travel:
JetBlue Airways is adding flights at Spirit Airlines’ former home airport as it tries to turn a profit again.
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Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down
The New York Times – Travel:
Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.
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Spirit Airlines Prepares to Shut Down
The New York Times – Travel:
The low-fare airline, which has struggled for years, had been trying to secure a $500 million lifeline from the Trump administration.
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United Airlines CEO, Rebuffed by American, Says He’s Skeptical of Other Deals
The New York Times – Travel:
The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.