Press Digest: Wall Street Journal - Feb 22

Cyxtera Technologies

22/02/2021 05:18

Feb 22 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    - Boeing Co  BA.N  on Sunday told airlines to stop flying
its wide-body 777 aircraft equipped with a type of engine that
broke apart during a flight over the weekend near Denver, as the
Federal Aviation Administration said it would order immediate
inspections of those jets. https://on.wsj.com/3umleeH
    
    - M&T Bank Corp  MTB.N  is nearing a deal to merge with
People's United Financial Inc  PBCT.O  in an all-stock deal,
according to people familiar with the matter, in what would be
the latest in a string of regional bank mergers. https://on.wsj.com/3aFUu1h
    
    - A special-purpose acquisition company Starboard Value
Acquisition Corp  SVAC.O  is nearing a $3.4 billion deal to
combine with data-center provider Cyxtera Technologies Inc,
according to people familiar with the matter. https://on.wsj.com/2ZCc6oj
    
    - A group of activist investors has a big stake in Kohl's
Corp  KSS.N  and is attempting to take control of the
department-store chain's board, according to people familiar
with the matter. https://on.wsj.com/3qKU5jx

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))