Musk Faces FTC Antitrust Review on Twitter Alongside Stock Probe [Business News Network (BNN) (Canada)]
Werner Enterprises, Inc. (WERN)
Last werner enterprises, inc. earnings: 4/28 04:05 pm
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Source: Business News Network
said, setting up a deadline in the next month for the agency to decide whether to conduct an in-depth review of the transaction. Under U.S. merger law, Musk is required to notify the FTC and the Justice Department of the transaction and wait at least 30 days before closing to allow an investigation into potential antitrust concerns. The FTC can ask for additional information, issuing what's known as a second request, which would further delay closing. An FTC spokesman declined to comment. Spokespeople for Twitter and Musk didn't immediately respond to requests for comment. Antitrust experts don't expect the deal to raise antitrust concerns. However, Open Markets -– the anti-monopoly non-profit group where Democratic FTC Chair Lina Khan got her start in antitrust –- has urged the agency to block the deal, arguing that it would give Musk too much control over free speech platforms. Musk also owns Starlink, a satellite-based internet provider operated by Space Exploration Technol
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WERN
News
- Tough trucking market hits EBITDA at TriumphPay; other indicators up [Yahoo! Finance]Yahoo! Finance
- Werner Enterprises, Inc. (NASDAQ: WERN) had its price target lowered by analysts at Stifel Nicolaus from $42.00 to $39.00. They now have a "hold" rating on the stock.MarketBeat
- Werner Enterprises, Inc. (NASDAQ: WERN) had its price target lowered by analysts at Bank of America Co. from $35.00 to $34.00. They now have an "underperform" rating on the stock.MarketBeat
- Werner® Honored as a 2024 VETS Indexes 5 Star Employer [Yahoo! Finance]Yahoo! Finance
- Werner® Honored as a 2024 VETS Indexes 5 Star EmployerBusiness Wire
WERN
Earnings
- 2/6/24 - Miss
WERN
Sec Filings
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- 4/2/24 - Form ARS
- WERN's page on the SEC website