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ERA Partners takes majority stake in Grant Aviation, a Cessna 208B Grand Caravan operator

ERA Partners has acquired a majority stake in Grant Aviation, whose fleet includes the Cessna 208B Grand Caravan. The reported ownership change puts a regional aviation operator under new majority ownership; the available reports do not specify the transaction’s value or its implications for Grant’s fleet or operations.

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Texas attorney general-elect vows ‘tremendous scrutiny’ of potential Tesla-SpaceX merger

Nathan Johnson, Texas’ attorney general-elect, said a potential tie-up between Tesla and SpaceX would warrant “tremendous scrutiny,” citing concerns about corporate concentration. The companies, both among Texas’ most valuable, are negotiating a possible merger; Johnson’s comments signal that state-level review could become a factor in any deal.

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Serco to acquire QinetiQ’s U.S. business for $292 million, expanding its military space work and lifting U.S. operations to abou

Serco has agreed to buy QinetiQ’s U.S. business for $292 million, adding expertise and customers to its U.S. operations. The deal expands Serco’s military space business and is expected to position the company to generate about $2.4 billion in revenue from U.S. operations.

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Bloomberg Law

High activity

SpaceX and Tesla reportedly advance merger talks, with announcement possible as soon as December

SpaceX and Tesla are progressing in negotiations over a combination that could become one of the largest corporate mergers on record, according to reports. German media say Elon Musk could announce a deal as soon as December, while Tesla shares initially fell nearly 1.2% Thursday before closing 2% higher amid the reports.

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