The lawsuit targeted Wachtell, Lipton, Rosen & Katz, a well-known Wall Street law firm, for “unjust enrichment” related to Mr. Musk’s $44 billion purchase of Twitter.
Tag: Mergers, Acquisitions and Divestitures
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Overstock Buys Intellectual Property to Rename as Bed Bath & Beyond
The online retailer is renaming its website and its mobile app after buying the intellectual property of the bankrupt home-goods store.
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How the PGA Tour and Liv Golf Merger Could Collapse
The tentative agreement has been the talk of golf, but there is no guarantee the pact that aims to bring the tour and LIV Golf under one umbrella will overcome every threat.
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Washington Spirit’s Michele Kang Wants to Take Women’s Soccer Clubs Global
With the rapid rise of women’s soccer, Y. Michele Kang, the owner of the Washington Spirit, is in the vanguard of transforming ownership and management worldwide.
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Michael Jordan to Sell Majority Stake in Charlotte Hornets
Jordan, the former star of the Chicago Bulls, purchased the team in 2010.