New York firm Skadden Arps Slate Meagher & Flom is advising Chicago-based telecoms group Ameritech, on the disposal of its cellular business to GTE. The deal is worth $3.2 billion and is a direct result of Ameritech’s planned merger with SBC communications. The deal is contingent on that merger (worth $56 billion) being completed. The merger has yet to be approved by the Federal Communications Commission, but will not be affected by GTE’s merger with Bell Atlantic.
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MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure