The business world was buzzing this week over the acquisition of EBay-owned Skype by Microsoft Corp. The acquisition was official as of Tuesday. In the deal, Skype was purchased from investors for $8.5 billion.Skype originated as a start-up in Estonia in 2003. The...
Business Law Professionals
Mergers & Acquisitions
Deal pending to acquire Atlantic City-based Trump Marina Hotel Casino
Atlantic City, New Jersey is well known throughout the nation as a gambling destination. The city plays home to 11 casino hotels, the worst performing of which is Trump Marina Hotel Casino. Trump Marina is owned by Trump Entertainment Resorts Inc. and has been on the...
Comcast-NBCU Merger Official
The long negotiation process has finally been completed and the $30 billion merger deal of Comcast Corp and NBC Universal is official. Gaining the approval of federal antitrust regulators took 13 months. Last month, the Federal Communications Commission (FCC) and the...
What Does the Comcast-NBCU Merger Mean for Business?: Part 2
The previous post began to discuss some of the implications of the Comcast-NBC Universal merger recently approved by antitrust regulators with the FCC and Department of Justice. Comcast officially takes over control from General Electric of NBC Universal on Friday.An...
What Does the Comcast-NBCU Merger Mean for Business?: Part 1
After receiving approval from antitrust regulators with the Federal Communications Commission (FCC) and the Department of Justice for the $30 billion merger, Comcast will officially take over operations of NBC Universal on Friday.It is yet to be seen what will happen...
Litigation between broadband companies and FCC likely to increase
Even though the FCC approved the merger between Comcast and NBCU, there will be continued negotiation and litigation surrounding the deal and the conditions imposed upon it by the FCC. According to a Post Tech blog by Cecilia Kang, last week, Consumers Union and the...
Another Casualty of Comcast-NBCU Merger?
Keith Olberman, host of the MSNBC's ratings giant Countdown, abruptly announced that Friday night's edition of Countdown would be his last. Olberman has had a controversial run at MSNBC, but the network has built its brand and line-up around his liberal-leaning...
Comcast-NBCU Merger Approved by Antitrust Regulators
On Tuesday, government antitrust regulators gave the green light to Comcast's merger deal with NBC Universal. According to The Wall Street Journal, Comcast is expected to close the $30 billion deal late next week. Last December, Comcast acquired a controlling stake in...
NJ Higher Education Task Force Recommends Rutgers-UMDNJ Merger
Earlier this month, the New Jersey Higher Education Task Force put together a substantial report recommending changes to New Jersey's higher education system. According to The Star-Ledger, former Governor Tom Kean headed the task force and the group created a 133-page...
Negotiations for Comcast-NBCU Merger Ongoing
Comcast is still waiting for a green light from the Federal Communications Commission and antitrust regulators with the Justice Department for the company's merger with NBC Universal. Comcast and NBCU were hoping to have the proposed $30 billion merger approved this...
Subscribe To This Blog’s Feed