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u.s. business
Trial to determine whether JetBlue can buy Spirit Airlines nears its end
Spider webs can be seen on the face of the Nelson Mandela statue at the entrance of the Groot Drakenstein Correctional Centre where Mandela was imprisoned for the last few years before his release, on the 10th anniversary of his death, outside Cape Town, South Africa, December 5, 2023. REUTERS/Esa Alexander
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Transat, Porter Airlines launch joint venture aimed at boosting seat sales on flights
The Air Transat planes are photographed at Pearson airport in Toronto, on Thursday, Sept., 10, 2020. (Christopher Katsarov/The Globe and Mail)
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Amazon to win unconditional EU nod for iRobot deal, sources say
FILE PHOTO: The logo of Amazon is seen at the company's logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photo
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Top five executives at Hammerhead Energy to get $70-million cash payday from Crescent Point takeover
Crescent Point Energy Corp. says it has signed a $2.55-billion deal to purchase Hammerhead Energy Inc, a Calgary-based energy company with assets in the Montney oil-producing region of northwest Alberta. The Crescent Point Energy Corp. logo is shown in this undated handout photo. THE CANADIAN PRESS/HO, *MANDATORY CREDIT*
world
Samsung boss Jay Y Lee faces final hearing over alleged fraud, stock manipulation
FILE PHOTO: Then Samsung Electronics Vice Chairman Jay Y. Lee arrives at a court in Seoul, South Korea, on October 26, 2021. REUTERS/Kim Hong-Ji/File Photo
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Quebecor reports third-quarter profit, revenue up from year ago as Freedom drives growth
Quebecor headquarters is seen as the media company holds its annual meeting Thursday, May 11, 2023 in Montreal. THE CANADIAN PRESS/Christinne Muschi
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Cultural fit can matter as much as financials in business acquisitions
Before agreeing to a merger or acquisition, companies should confirm how they’re aligned in every way.
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Aimia board recommends shareholders reject takeover offer from Mithaq Capital
Aimia chairman of the board Robert Brown is pictured prior to a special shareholders meeting Montreal on Tuesday, January 8, 2019. THE CANADIAN PRESS/Paul Chiasson
technology
Beijing reportedly weighing delaying approval of Broadcom’s US$69-billion VMware deal
FILE PHOTO: A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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Tourmaline Oil to buy Bonavista Energy for $1.45-billion
A Bonavista pump jack in a farmers field with the Rocky Mountains for a backdrop just north of Calgary, Alberta, October 24, 2019. The Globe and Mail/Todd Korol
international business
Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part
File - Xbox CEO Phil Spencer arrives at the Phillip Burton Federal Building and U.S. Courthouse on June 28, 2023 in San Francisco. After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Spencer now moves on to his next quest: making Microsoft's takeover of Activision Blizzard worth the hassle. (AP Photo/Noah Berger, File)
international business
Bunge shareholders approve merger with Viterra, closing expected in mid-2024
FILE PHOTO: Bunge Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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Aimia’s largest shareholder plans takeover bid for company
Aimia chairman of the board Robert Brown is pictured prior to a special shareholders meeting Montreal on Tuesday, January 8, 2019. THE CANADIAN PRESS/Paul Chiasson
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Neighbourly Pharmacy agrees to go-private offer from private-equity backer
Shot of a blank board on the counter of a pharmacy with a pharmacist working in the background
energy and resources
Pipestone Energy shareholders approve merger with Strathcona Resources
Undated handout photo of Strathcona Rerources Tucker thermal oil operation near Cold Lake, Alberta. Handout Strathcona resources
technology
Liberty Media proposes merger with radio broadcaster Sirius XM
LAS VEGAS, NEVADA - APRIL 13: Liberty Media President and CEO Greg Maffei speaks during a topping out event for the Las Vegas Grand Prix paddock building on April 13, 2023 in Las Vegas, Nevada. The Formula 1 Las Vegas Grand Prix inaugural race weekend is scheduled to take place November 16-18, 2023, with the race itself to begin on the night of November 18. (Photo by Ethan Miller/Getty Images)
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ATS signs deal to buy water purification company Avidity Science for $265-million
FILE PHOTO: A sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto June 23, 2014. REUTERS/Mark Blinch/File Photo
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Bird Global strikes deal to dominate e-bike and scooter rental market
Ka'ai Tom, of Oahu, Hawaii, and Brittany Janicki, from the Brooklyn borough of New York, cross the Roberto Clemente Bridge in Pittsburgh on SPIN scooters, Tuesday, July 20, 2021. (Jack Myer/Pittsburgh Post-Gazette via AP)
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Rogers executive Robert Dépatie to retire at the end of the year
FILE PHOTO: The Rogers Building, the green-topped corporate campus of Canadian media conglomerate Rogers Communications is seen in downtown Toronto, Ontario, Canada July 9, 2022. REUTERS/Chris Helgren/File Photo/File Photo
opinion
A bank merger that makes the case for competition law reform
The Editorial Board
international business
Trump’s Truth Social gets a lifeline after deadline for big cash infusion is extended
(FILES) In this illustration file photo taken on October 20, 2021, shows a person checking the app store on a smartphone for "Truth Social," with a photo of former US President Donald Trump on a computer screen in the background, in Los Angeles. - A new investment vehicle linked to f Trump's fledgling social media venture surged early October 22, 2021, before trading was temporarily halted due to the volatility. Shares of Digital World Acquisition Corp, which is set to merge with Trump's "TRUTH Social" media startup, surged more than 200 percent before being suspended for several minutes on the Nasdaq. (Photo by Chris DELMAS / AFP) (Photo by CHRIS DELMAS/AFP via Getty Images)
investment ideas
Digital World shareholders vote to extend time for deal with Trump media company
FILE - Former President Donald Trump speaks at a campaign event at the South Carolina Statehouse, Jan. 28, 2023, in Columbia, S.C.
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Competition Bureau green-lights $13.5-billion RBC-HSBC Canada deal
The logo for HSBC Bank Canada is seen on King Street West in Toronto on Tuesday, May 24, 2016. The Competition Bureau has put out a call for information to help it review Royal Bank of Canada's proposed takeover of HSBC Bank Canada. THE CANADIAN PRESS/Eduardo Lima
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MDA signs deal to buy digital payload division of SatixFy Communications
MDA Ltd. has signed an agreement to buy the digital payload division of SatixFy Communications Ltd. in a deal valued at US$40 million. A woman enters the offices of MDA in Richmond, B.C. on January 8, 2008. THE CANADIAN PRESS/Richard Lam
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Merger court awards Rogers millions over Competition Bureau’s attempt to block Shaw merger
Telecommunications company Rogers Communications signage is pictured in Ottawa on Tuesday, July 12, 2022. THE CANADIAN PRESS/Sean Kilpatrick
investment ideas
Digital World slides as Trump returns to X, formerly Twitter
Former President Donald Trump walks to speak with reporters before departure from Hartsfield-Jackson Atlanta International Airport, Thursday, Aug. 24 in Atlanta.
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Cannabis firm Tilray takes full ownership of Truss Beverage from Molson Coors Canada
A man walks past the Canadian medical cannabis producer "Tilray" headquarters at its European production site in Cantanhede, on April 24, 2018. - The Canadian company Tilray, which aims to become one of the world's leaders in the therapeutic cannabis industry, inaugurated its European production site today in the central Portuguese town of Cantanhede. (Photo by PATRICIA DE MELO MOREIRA / AFP)PATRICIA DE MELO MOREIRA/AFP/Getty Images
investment ideas
Digital World SPAC seeks to extend deadline for merger with Trump Media
Former U.S. President Donald Trump looks on during Round 3 at the LIV Golf-Bedminster 2023 at the Trump National in Bedminster, New Jersey, on Aug. 13.
international business
Seven U.S. secretaries of state oppose Kroger’s proposed acquisition of Albertsons
FILE PHOTO: A customer leaves an Albertsons grocery store, as Kroger agrees to buy rival Albertsons in a deal to combine the two supermarket chains, in Riverside, California, U.S., October 14, 2022. REUTERS/Aude Guerrucci/File Photo
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Italy signs preliminary deal with KKR to take up to 20 per cent of Telecom Italia’s grid
(FILES) The Telecom Italia (TIM) logo is pictured at the company's headquarters prior to the shareholders' meeting of Italian telecommunications company Telecom Italia (TIM) on March 29, 2019 in Rozzano, south of Milan. Italian operator Telecom Italia (TIM), whose main shareholder is the French Vivendi group, widened its first-half net loss to 813 million euros, compared with 483 million a year earlier, despite a return to growth on the Italian market. (Photo by Miguel MEDINA / AFP) (Photo by MIGUEL MEDINA/AFP via Getty Images)
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Dye & Durham completes sale of TM Group to Aurelius
Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan
international business
Vietnamese EV maker VinFast gets go ahead for Nasdaq SPAC listing
People walk next to a VinFast logo on a screen during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake
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Quebecor’s Freedom Mobile purchase pushes it to big earnings gains
Quebecor headquarters is seen in Montreal on Thursday, May 11, 2023. Quebecor Inc. says its purchase of Freedom Mobile drove a big boost in earnings last quarter. THE CANADIAN PRESS/Christinne Muschi
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Crypto companies say inaccurate claim of Competition Bureau approval for merger was a ‘miscommunication’
From left-CoinSmart CEO Justin Hartzman, Coinsquare CEO Martin Piszel and WonderFi CEO Dean Skurka are photographed on April 3 2023. WonderFi Technologies Inc., CoinSmart Financial Inc. and Coinsquare Ltd. are signing a three-way merger agreement to create Canada’s largest cryptocurrency trading platform in a bid to compete against global giants across the controversial sector for digital assets and blockchain technology (Fred Lum/The Globe and Mail)
investment ideas
Trump-linked SPAC surges as fraud settlement lifts hopes for deal completion
Former President Donald Trump speaks at the Turning Point Action conference, Saturday, July 15 in West Palm Beach, Fla.