Mergers and acquisitions

A collision of Hollywood and D.C.

Former Presidents Barack Obama and Bill Clinton
Presidents Clinton and Obama. Photo: Mehdi Taamallah/AFP via Getty Images

Endeavor Group Holdings Inc. is buying Harry Walker Agency, which means one of Hollywood's largest talent agencies will also be in charge of speaking engagements of former Presidents Barack Obama and Bill Clinton, Bloomberg's Lucas Shaw reports.

Why it matters: Hollywood agencies are more aggressive than ever to enter the speaking circuit recently, "challenging established firms based in New York and Washington, as they sense new opportunities to boost their revenue," Bloomberg writes. In 2017, talent agencies ICM Partners and United Talent Agency also acquired speaking agencies.

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T-Mobile's quid pro quos for the Sprint deal

The letters Sprint and T-mobile layed out as if they were on a crossword puzzle in an illustration.
Illustration: Rebecca Zisser/Axios

T-Mobile dangled carrots before consumers and legislators on Thursday, promising cut-rate plans along with free 5G service to first responders as well as home broadband for 10 million U.S. families.

The catch: The promises all depend upon a successful close of the company's pending deal to buy Sprint.