Prelaunch editorial prototype. Dialogue is reconstructed and has not completed line-by-line source verification. Do not treat it as a verbatim transcript.

New files every Tuesday and Friday

Deal Archives

A prelaunch, document-based narrative archive of the deals that shape industries.

14 document-grounded files · 78 quoted exchanges

The Antitrust Revival: Inside the New War on Mergers

Three antitrust battles that defined the new era of merger enforcement: Google's default search deals, the JetBlue/Spirit Spirit Effect, and Microsoft's Activision fight.

The SVB Collapse: 48 Hours That Broke a Bank

Internal communications and congressional testimony from the March 2023 collapse of Silicon Valley Bank, the largest bank failure since 2008.

We are a family and families sometimes fight

The Kroger-Albertsons merger trial produced internal documents showing how two grocery giants planned to defend a $24.6 billion deal against antitrust scrutiny.

I had no idea Brian was planning this

Coinbase's internal communications during the SEC Wells notice reveal a company preparing for war with its regulator.

We did not secretly transfer $10 billion

Internal FTX and Alameda messages from the bankruptcy proceedings reveal the blurred lines between the exchange and the trading firm.

This is a shit sandwich

Text messages between Elon Musk and his bankers reveal the chaos behind the Twitter acquisition financing.

I will never work with you again

Internal Microsoft emails and testimony show the tense negotiations and personal friction behind the $69 billion Activision Blizzard acquisition.