Nexstar Media Group announces $6.2 billion acquisition of Tegna, creating broadcasting giant reaching 80% of US TV households. Deal represents mass…
President Trump signs executive order revoking previous competition and antitrust enforcement policies, clearing path for increased corporate consolidation and monopolistic practices without federal oversight.
On May 4, 2018, Axon Enterprise acquired VieVu LLC, its primary competitor in the police body camera industry, for $7.1 million ($4.6 million cash and $2.5 million in stock) plus performance-based milestone payments of 141,000 additional shares. The acquisition eliminated meaningful competition in …
Private equity firm Apollo Global Management acquired Constellis Holdings—the entity descended from Blackwater through successive rebrandings as Xe Services, Academi, and merger with Triple Canopy—for approximately $1 billion. The acquisition represented the complete financialization of the private …
Academi (the entity formerly known as Blackwater, then Xe Services) merged with rival private military contractor Triple Canopy to form Constellis Holdings, representing the third major corporate transformation of the Blackwater organization in seven years. The merger consolidated multiple private …
Oracle Corporation completed its acquisition of Sun Microsystems on January 27, 2010, for approximately $7.4 billion ($9.50 per share in cash), gaining control of critical software infrastructure including the Java programming language, MySQL open-source database, and Sun’s hardware systems …
Oracle Corporation completed its acquisition of PeopleSoft on December 13, 2004, for approximately $10.3 billion ($26.50 per share), concluding an 18-month hostile takeover battle after defeating the Department of Justice’s antitrust challenge. The final purchase price represented more than …
The U.S. Department of Justice filed an antitrust lawsuit on February 26, 2004, seeking to block Oracle Corporation’s proposed hostile acquisition of PeopleSoft, alleging that the merger would substantially reduce competition in the enterprise software market and result in higher prices, less …
Oracle Corporation launched an unsolicited hostile takeover bid for PeopleSoft on June 6, 2003, with an initial cash tender offer of $16.00 per share, valuing the enterprise software competitor at approximately $5.1 billion. The timing proved particularly aggressive, as Oracle announced the bid only …
On October 30, 1984, President Ronald Reagan signed the Cable Communications Policy Act of 1984, fundamentally deregulating the cable television industry and setting the stage for massive media consolidation. Written and championed by conservative Senator Barry Goldwater of Arizona, the act amended …