FTC’s bid to block Albertsons-Kroger merger heads to trial
EJ Antoni, public finance economist at the Heritage Foundation, discusses the possible merger between Kroger and Albertsons and the impact of the ruling on the U.S. economy. of Federal Trade Commission (FTC) A federal district court on Monday launched a lawsuit to block the $25 billion merger of Kroger and Albertsons, arguing that the deal […]
Paramount stock edges up as Bronfman reportedly mulls increasing bid again
Paramount shares rose after falling on Monday on speculation that Edgar Bronfman Jr. might raise an already attractive offer to win the bidding battle for the embattled media giant. The veteran media executive reportedly increased his bid for minority stakes in National Amusements and Paramount Global to $6 billion from an initial $4.3 billion last […]
RFK Jr. withdraws from Arizona ballot amid rumors he’ll end presidential bid to ‘join forces’ with Trump
Robert F. Kennedy Jr. withdrew from the Arizona ballot on Thursday, a day before he and former President Donald Trump were scheduled to speak at separate events in the state. A spokesman for the Arizona Secretary of State confirmed RFK Jr.’s withdrawal. Associated PressDespite submitting enough signatures last week to appear on Arizona’s ballot, RFK […]
Border crisis could sink Kamala Harris’ bid: David Paterson
The border crisis that has exploded under the Biden-Harris administration could be an Achilles heel that prevents Democratic presidential nominee Kamala Harris from taking the White House, former Gov. David Paterson warned Sunday. “She has one big problem: 72% of Americans believe more people will be crossing the southern border in the future. [under her]”Only […]
Edgar Bronfman’s Paramount bid could keep Shari Redstone involved: report
Edgar Bronfman Jr. is open to Shari Redstone staying involved with Paramount Global if Paramount Global’s special committee accepts his consortium’s takeover bid for controlling shareholder National Amusements. CNBC reported: Friday. On Wednesday, the veteran media executive upped his bid to buy Paramount by offering National Amusements $6 billion and a minority stake in the […]
Texas judge rejects Media Matters bid to force recusal from
A federal judge in Texas who holds Tesla shares has rejected an attempt to force Elon Musk to recuse himself from overseeing the company’s legal battle with X and Media Matters. Media Matters, the left-leaning nonprofit group Musk is suing for defamation, has filed a motion arguing that Company X should identify Tesla as an […]
Edgar Bronfman sweetens bid for Paramount to $6B: report
Veteran media executive Edgar Bronfman is biding $6 billion to buy National Amusements Inc. and will also buy a minority stake in Paramount Global, the people said. He had previously offered $4.3 billion, according to Reuters. Paramount shares rose more than 2.3% after the close. A competing bid for the home of Paramount Pictures, the […]
Hunter Biden Bid To Get Tax Case Thrown Out Rejected
The Pro Trump News home page features 60 new headlines every 24 hours, click here to see them. A federal judge has rejected Hunter Biden’s attempt to have tax evasion charges dismissed. He cited President Trump’s recent decisions as the reason. UPI reported: A federal judge has rejected Hunter Biden’s latest attempt to dismiss tax […]
Supreme Court Denies White House Bid To Reinstate Part Of New Title IX Rule
The Supreme Court on Friday denied a White House emergency request to partially reinstate President Biden’s new Title IX rules. The 5-4 decision upholds injunctions issued by lower courts in nearly half of the states blocking new rules that for the first time include sexual orientation and gender identity in Title IX. According to filed […]
Edgar Bronfman Jr to make Paramount bid days before Skydance merger
Alcohol-industry heir Edgar Bronfman Jr. is reportedly preparing to buy Paramount Global, less than a week before its $8 billion merger with Skydance Media becomes official. Bronfman, an entertainment mogul and son of the late Seagram CEO Edgar Bronfman Sr., is in talks with potential investors to back a takeover bid for National Amusements, the […]