ServiceNow's acquisition of Moveworks is reportedly being reviewed over antitrust concerns
1. ServiceNow’s $2.85 billion acquisition of Moveworks faces regulatory scrutiny. 2. U.S. Justice Department is reviewing the acquisition for antitrust issues. 3. Regulatory probe began in June; a 'second request' has been issued. 4. Closure of the deal is predicted for the second half of 2025. 5. Moveworks has not provided comments on the ongoing situation.