The New York Times – Fashion & Style:
Tom Ford’s high-end fragrances routinely make best-seller lists, and the deal also brings apparel to Estée Lauder, which has been strictly focused on beauty.
Category: Mergers, Acquisitions and Divestitures
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U.S. Suit Over Alliance of American Airlines and JetBlue Goes to Trial
The New York Times – Travel:
The Justice Department antitrust case contends that the carriers’ cooperation in Boston and New York reduces competition.
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Reckoning With Memories of Budapest
The New York Times – Travel:
A Times journalist spent three months capturing a contemporary portrait of Hungary’s capital, where he lived for several years as a child in the early ’90s.
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JetBlue and Spirit Airlines Announce Merger Plan
The New York Times – Travel:
The deal, which comes a day after Frontier’s bid for Spirit fell apart, is likely to face antitrust scrutiny.
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Spirit Airlines Shareholders Reject Merger With Frontier
The New York Times – Travel:
The decision could improve prospects for Spirit to reach a deal with JetBlue, a suitor it had previously rejected.
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Denver Broncos Pick Walton-Penner Family in Auction to Sell Team
The New York Times – Sports:
The Walton-Penner group was selected from among more than a dozen bidders for the N.F.L. team, which is expected to sell for a record price.
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ISS Urges Spirit Shareholders to Vote Against Frontier Merger
The New York Times – Travel:
Institutional Shareholder Services, which advises large investors, said shareholders should opt for a higher offer for Spirit by JetBlue.