Texas Stack = Headquarters, corporate charters, and capital markets in Texas When Tesla moved its headquarters from California to Texas, many observers viewed it as a Silicon Valley story. When Oracle followed, it looked like a technology-sector trend. When Chevron left California, Caterpillar left Illinois, and Samsung recently announced it would move its U.S. headquarters from New Jersey to Plano, Texas, it became clear that something much larger was happening. Texas is no

What does it take to complete a $14.8 billion global acquisition in 2026? The proposed Uber–Delivery Hero transaction offers an answer. From board negotiations and institutional shareholder support to antitrust scrutiny and third-party asset carve-outs, the deal illustrates how major M&A transactions are increasingly structured and governed.