Arko Corp., which operates convenience stores across the country, is questioning TravelCenters of America Inc.'s decision to reject its $1.4 billion acquisition proposal that surpasses the $1.3 billion offer from oil and gas giant BP last month, according to a Monday announcement.
Chess prodigy Hans Moke Niemann has won his bid to conduct jurisdictional discovery on defendant Chess.com in his libel lawsuit, with the judge ruling that providing the citizenship of its members will not be as big of a burden as the website company claims.
Current market conditions have forced AMC Networks Inc. to abandon plans to purchase up to $800 million of its debt in the form of senior notes after it failed to secure financing for the transaction, including obtaining a new term loan, the company said Thursday.
A group of former BigLaw attorneys have started a remote-first, boutique firm focused on small to midsize business acquisitions, a part of the M&A market they say is in need as owners start to retire and look to hand over the reins to outside parties instead of family members.