Ribbit LEAP Ltd. Class A News
Quadrangle Capital Exits Ntelos Holdings Just in Time
The firm maneuvered a decade’s worth of buyouts, breakups, shutdowns and sales but managed a sale as regional wireless carriers go extinct.
AT&T's Deal for DirecTV Is a Waste of Money
This deal would weaken AT&T, making it a sell, while at the same time anointing Verizon the clear investment choice within the telecom space.
Mattel's Results Show Why Barbie Is Still So Yesterday
Mattel struggles to make Barbie cool with young girls, one reason the company's stock has fallen over 20% this year.
AT&T's (T) Leap Wireless Acquisition Approved By FCC
AT&T T shares are up slightly in extended trading on news that the FCC has approved its acquisition of fellow telecom company Leap Wireless.
Small Carriers Push For Roaming Conditions on Leap Deal
Small wireless carriers are mounting an 11th-hour push to convince the Federal Communications Commission to require that AT&T charge "reasonable" roaming 4G rates as a condition of approving AT&T's acquisition of prepaid mobile phone carrier Leap Wireless International.
AT&T CEO Says Large Telco M&A Unlikely
AT&T's CEO Randall Stephenson believes there won't be consolidation among the top four wireless providers.
The Deal: Leap Wireless Review Hangs on Feds' Approach
Opponents of the $4 billion deal are hopeful following a recent FCC action in another AT&T acquisition.
Paulson Pulls Buffett-Like Move in Steinway Acquisition
John Paulson is adding to his merger arbitrage repertoire in a $40 a share offer for Steinway.
DoJ Opposition to AMR, U.S. Airways Merger Could Spur Consolidation
The airline industry could become the next telecom sector for investors betting on consolidation.
Tech Won't Protect Wall Street Criminals: Bharara
Wall Street criminals will be caught even if they are using the latest communication technologies, vows U.S. Attorney Preet Bharara.
Breaking News
Billionaire Gautam Adani Loses $26 Billion in 3 Days
The Indian tycoon and his empire are facing allegations of fraud by an American short-seller. Their answer does not convince investors for the moment.
FTX: DOJ Seeks to Ban Bankman-Fried From Using Signal, Slack to Contact Employees
The Justice Department wants to ban Sam Bankman-Fried, the former CEO of bankrupt FTX, from speaking to former employees of the crypto exchange.
Elon Musk Has Questions About the War in Ukraine
The billionaire had proposed a controversial plan to end the Russia-Ukraine conflict, which now has lasted nearly a year.
A Royal Caribbean Cruise Line Adult Favorite Has Not Come Back
The cruise line has almost fully returned to normal after the covid pandemic, but one very popular activity hasn't been brought back.