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Showing posts with the label Mergers

[TRENDING NEWS] Ralph E. Ablon, Pioneer of Corporate Conglomerates, Dies at 105

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Author: BY SAM ROBERTS - Publish Date: December 4, 2021 at 12:58AM After expanding a family scrap metal business into a hodgepodge of some 55 companies, he then successfully focused on the service economy.

[TRENDING NEWS] BuzzFeed plans to start publicly trading in early December.

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Author: BY EDMUND LEE - Publish Date: November 20, 2021 at 01:56AM The company still loses money, but its revenue rose 20 percent in the third quarter. Investors who want to own a piece can do so around Dec. 6.

[TRENDING NEWS] The New York Sun, a defunct newspaper, plans a comeback after a sale.

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Author: BY KATIE ROBERTSON - Publish Date: November 4, 2021 at 01:31AM Seth Lipsky sold the publication to Dovid Efune, the former top editor of The Algemeiner. Mr. Lipsky will remain the top editor, and Mr. Efune will be publisher and chairman.

[TRENDING NEWS] At Axel Springer, Politico’s New Owner, Allegations of Sex, Lies and a Secret Payment

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Author: BY BEN SMITH - Publish Date: October 18, 2021 at 03:24AM A high-flying German media giant is ahead on digital media but seems stuck in the past when it comes to the workplace and deal-making.

[TRENDING NEWS] Common Core

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Author: BY CAITLIN LOVINGER - Publish Date: October 17, 2021 at 05:00AM Jeff Chen’s puzzle makes the most of the middle.

[TRENDING NEWS] The Hollywood agency C.A.A. is buying its rival ICM.

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Author: BY NICOLE SPERLING AND BROOKS BARNES - Publish Date: September 28, 2021 at 12:25AM The acquisition adds muscle to an already heavyweight Creative Artists at a time when talent representatives are sparring with studios over compensation in the streaming age.

[TRENDING NEWS] Kraft Heinz will pay $62 million to settle accusations of an accounting ‘scheme.’

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Author: BY LAUREN HIRSCH - Publish Date: September 3, 2021 at 11:49PM The Securities and Exchange Commission said the packaged foods giant inflated cost savings from the merger.

[TRENDING NEWS] Reese Witherspoon will sell her production studio to a Wall Street-backed company.

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Author: BY LAUREN HIRSCH - Publish Date: August 4, 2021 at 01:19AM With the planned sale of Hello Sunshine, the studio she started in 2016, the Oscar winner joins the ranks of Hollywood’s power brokers.

[TRENDING NEWS] John Veronis, Who Brokered Major Media Transactions, Dies at 93

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Author: BY RICHARD SANDOMIR - Publish Date: July 18, 2021 at 04:21AM After working as a magazine executive, he helped launch Psychology Today and played a role in Rupert Murdoch’s $3 billion purchase of the company that owned TV Guide.

[TRENDING NEWS] Stellantis, which owns Chrysler, Dodge, Jeep and others, to invest 30 billion euros in electric vehicles.

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Author: BY NEAL E. BOUDETTE - Publish Date: July 8, 2021 at 11:44PM

[TRENDING NEWS] CNN’s Zucker, Reunited With a Powerful Friend, Sees His Fortunes Change

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Author: BY MICHAEL M. GRYNBAUM AND JOHN KOBLIN - Publish Date: May 19, 2021 at 05:11AM Phone buddies and golf partners, Jeff Zucker and David Zaslav have a 30-year history. Now Zucker may be open to working for the man he calls a “best friend.”

[TRENDING NEWS] MGM Looks to Amazon as the Hollywood Studio Tries to Find a Buyer

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Author: BY BROOKS BARNES - Publish Date: May 18, 2021 at 08:34AM A deal would add Metro-Goldwyn-Mayer’s 4,000 films to Amazon’s streaming library, including the James Bond, Rocky and “Legally Blonde” franchises.

[TRENDING NEWS] The Nets Could Have Had It All With Dr. J

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Author: BY HARVEY ARATON - Publish Date: April 11, 2021 at 11:01AM As great as today’s Nets look with their starry threesome, they could have dominated the N.B.A. much, much sooner — in the 1970s, behind Julius Erving.

[TRENDING NEWS] Tribune Publishing, facing an acquisition, adds to cash holdings and digital revenue.

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Author: BY MARC TRACY - Publish Date: March 5, 2021 at 07:06AM The company, which publishes nine metropolitan dailies, gained approximately 102,000 digital subscribers in 2020.

[TRENDING NEWS] As Deadline Lapses, Trump Administration Continues TikTok Talks

Author: BY DAVID MCCABE - Publish Date: December 5, 2020 at 09:07AM The White House did not extend a Dec. 4 deadline for the Chinese internet company ByteDance to sell TikTok.

[TRENDING NEWS] Opposing Visa’s Plaid Acquisition Is Good Antitrust Enforcement

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Author: BY THE EDITORIAL BOARD - Publish Date: December 3, 2020 at 07:07AM In opposing the acquisition of a nascent rival, the Justice Department is taking an important step to protect competition.

[TRENDING NEWS] PNC Nears $11 Billion Deal to Buy U.S. Operations of Spanish Bank BBVA

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Author: BY LAUREN HIRSCH - Publish Date: November 16, 2020 at 08:38AM The sale, which could be announced on Monday, would create the nation’s fifth-largest retail bank.

[TRENDING NEWS] Do Dunkin’ and Arby’s Go Together? Private Equity Group Bets $11 Billion They Do

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Author: BY LAUREN HIRSCH - Publish Date: October 31, 2020 at 07:49AM Inspire Brands, backed by Roark Capital, is assembling a portfolio of quick-service restaurant chains it thinks will withstand the pandemic.

[TRENDING NEWS] Intel Casts Off More Memory Chip Business in $9 Billion Deal

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Author: BY DON CLARK - Publish Date: October 20, 2020 at 09:35AM The sale to SK Hynix of South Korea includes a major factory in China and follows the company’s decades-long shift into microprocessors.

[TRENDING NEWS] TikTok Deal Exposes a Security Gap, and a Missing China Strategy

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Author: BY DAVID E. SANGER - Publish Date: September 21, 2020 at 07:09AM Technological progress has outpaced the political debate again. What will happen when the next TikTok arrives in the United States?