Capital One
Report: Capital One To Acquire Discover Financial Services
Credit card issuer and Warren Buffet-backed consumer bank Capital one, will acquire the credit card lender Discover Financial Services, according to The Wall Street Journal.
American companies
Bankers: Saudis threaten prison time for aiding PGA-LIV probe
Those who advise Saudi Arabia’s Public Investment Fund have testified they face “criminal and financial penalties” if they cooperate with the probe.
Amazon
iRobot Cutting 31% Of Workforce After Amazon Deal Falls Through
Roomba-maker iRobot has announced that the planned deal to be acquired by Amazon will not be completed, resulting in the company announcing they will be laying off 31% of its workforce.
Amusement Parks
Six Flags, Cedar Fair Merge For $8B Deal
Cedar Fair and Six Flags have announced a merger to make an expanded amusement park operator with operations spread across 17 states and three countries.
amusement park
Exclusive: US amusement park operators Cedar Fair, Six Flags in merger talks – sources
U.S. amusement park operator Cedar Fair LP is exploring a potential merger with peer Six Flags Entertainment Corp.
Air travel
US seeks to block JetBlue’s Spirit Airlines deal at trial
A U.S. Department of Justice lawyer urged a federal judge to block JetBlue Airways’ planned $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines.