Bloomberg Businessweek

The Return of Mega-Merger Monday, Oracle Beats Microsoft in Deal for TikTok’s U.S. Operations

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Brian Skorney, Biotech Analyst at Baird, discusses Gilead Sciences agreeing to acquire Immunomedics for about $21 billion. Bloomberg News Senior Writer Shelly Banjo breaks down the news that Oracle has edged out rival Microsoft in negotiations for the U.S. operations of TikTok, moving closer toward a deal for the Chinese-owned music-video app. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Auto Reporter Gabrielle Coppola talk about Volvo solving the trade war by selling U.S made cars to Americans. Stefan Selig, Managing Partner at BridgePark Advisors, shares his thoughts on the day's M&A news as well as the economic tensions between the U.S. and China. And we Drive to the Close with Bob Doll, Chief Equity Strategist at Nuveen. Hosts: Carol Masar and Jason Kelly. Producer: Paul Brennan