Mergers and acquisitions

A FedEx aircraft takes off past the tail of another parked on the tarmac of Miami International Airport, Monday, July 27, 2020, in Miami. FedEx plans to cut up to 6,300 jobs in Europe after its acquisition of TNT Express. FedEx said Tuesday, Jan. 19, 2021, that the cuts will take place over 18 months and include express-delivery operations and back-office employees of TNT across the continent. (AP Photo/Wilfredo Lee)

FILE - In this Oct. 28, 2019 file photo, the logo for fItbit appears above a trading post on the floor of the New York Stock Exchange. Google has completed its $2.1 billion acquisition of fitness-gadget maker Fitbit. It's a deal that could help the internet company grow even stronger while U.S. government regulators pursue an antitrust case aimed at undermining its power. Thursday, Jan. 14, 2021 completion of the acquisition comes 14 months after Google announced a deal that immediately raised privacy alarms. (AP Photo/Richard Drew, File)

This photo provided by Ben & Jerry’s shows Ben & Jerry’s dog treats. The venerable Vermont ice cream company said Thursday, Jan. 7, 2021, it’s introducing a line of frozen dog treats, its first foray into the lucrative pet food market. The treats, sold in 4-ounce cups, will arrive in U.S. groceries and pet stores later this month. (Ben & Jerry’s via AP)

FILE - In this Wednesday, Feb. 26, 2020 file photo, CEO of PSA Groupe Carlos Tavares arrives for the presentation of the company's 2019 full year results in Rueil-Malmaison, west of Paris. Fiat Chrysler Shareholders of Fiat Chrysler and France's PSA Group are meeting Monday, Jan. 4, 2021 to vote on a merger that will create the world's fourth-largest automaker. The new company called Stellantis will be run by PSA CEO Carlos Tavares, who is known for cutting vehicles or ventures that don't make money.(AP Photo/Michel Euler, File)

FILE - In this Wednesday, Feb. 26, 2020 file photo, CEO of PSA Groupe Carlos Tavares arrives for the presentation of the company's 2019 full year results in Rueil-Malmaison, west of Paris. Fiat Chrysler Shareholders of Fiat Chrysler and France's PSA Group are meeting Monday, Jan. 4, 2021 to vote on a merger that will create the world's fourth-largest automaker. The new company called Stellantis will be run by PSA CEO Carlos Tavares, who is known for cutting vehicles or ventures that don't make money.(AP Photo/Michel Euler, File)

FILE - In this Jan. 14, 2019 file photo, Fiat Chrysler's new CEO, Mike Manley, is interviewed at the North American International Auto Show in Detroit. Manley will run operations in the Americas when his company merges with France’s PSA Peugeot early next year. FCA Chairman John Elkann announced Manley’s new post on Friday, Dec. 18, 2020 in a letter to employees. (AP Photo/Carlos Osorio)

FILE - This April 26, 2017 file photo shows the Eli Lilly & Co. corporate headquarters in Indianapolis. Shares of Eli Lilly jumped after the drugmaker laid out a better-than-expected revenue forecast and plans to buy a young company developing a potential Parkinson’s disease treatment. Lilly also projected on Tuesday, Dec. 15, 2020, a 2021 earnings range that brackets average Wall Street expectations. (AP Photo/Darron Cummings)

Workers wearing masks stand near a promotional booth for Tencent video in Beijing on Nov. 11, 2020. China's market regulator on Monday, Dec. 14, 2020 said it fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions. It also is launching a review of a merger of two online streaming platforms in the latest tightening of controls over the internet sector. (AP Photo/Ng Han Guan)

FILE - In this July 29, 2020, file photo, Facebook CEO Mark Zuckerberg speaks via video conference during a House Judiciary subcommittee hearing on antitrust on Capitol Hill in Washington. Federal regulators asked Wednesday, Dec. 9, 2020, for Facebook to be ordered to divest its Instagram and WhatsApp messaging services as the U.S. government and 48 states and districts accused the company of abusing its market power in social networking to crush smaller competitors. The antitrust lawsuits were announced by the Federal Trade Commission and New York Attorney General Letitia James. (Graeme Jennings/Washington Examiner via AP, Pool, File)