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Uber Eats grocery push, crumpled newspapers, Apple rains on Android, Microsoft 365
The industrial logic of takeovers is challenged when the world economy grinds to a halt
Welcome to Due Diligence, the FT’s daily deals briefing
Computer maker dismisses $35bn stock-and-cash bid by smaller rival as inadequate
John Visentin has emulated his backer’s aggression in a $35bn bid for HP
Proposed deal values the personal computer maker at about $35bn including debt
Drawn-out battle will give takeover target the time to show its restructuring plan is working
Copier company escalates hostile takeover bid for printer maker
Xerox turns to HP shareholders with its $33bn takeover proposal
Savings as a result of a deal are appealing, but who will be in charge needs answering
Hostilities escalate as PC maker reports upbeat earnings and outlook
Acquisition target pushes own review to determine if combining businesses ‘has any merit’
PC and printer maker given days to agree to pursue a ‘friendly combination’
Door remains open to higher bid as PC group questions trajectory of smaller rival
Combination could lead to cost savings of up to $2bn a year, say analysts
SoftBank sees V-shaped WeWork recovery, Voxon’s hologram machine
A merger would unite two US manufacturers of an increasingly obsolete office technology
Investors cheer deal that draws a line under a bruising two-year battle
Investors may wonder if duo outsmarted themselves to detriment of all company backers
The FT’s Undercover Economist on the real reasons that corporate innovation dies
Japanese company alleges breach of contract and blames Carl Icahn
Japanese group ready to sue US printer and photocopier maker over decision to pull deal
Company boards are pushing the envelope when it comes to conflicted transactions terms
Japanese group left scrambling to salvage deal after activist investor wins challenge
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