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The doughnut chain's stock price soared to a new all-time high Monday after it announced plans to sell itself to Inspire Brands, the private equity-backed conglomerate behind Arby's and Buffalo Wild
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Sony, the Tokyo-based electronics and entertainment giant, is reportedly closing in on a deal to buy anime streaming service, Crunchyroll, for nearly $1 billion.
Sony could end up spending more than
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The company behind Louis Vuitton and Christian Dior is building its legal team as it fights claims that its trying to wiggle out of a $16 billion merger with Tiffany. LVMH has hired famed French lawyer Jean-Michel Darrois to help advise it on the battle, which threatens to raise the curtain on French governmental proceedings, …
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In addition to vagina-scented candles and 18-karat gold dumbbells, Goop aficionados may soon be able to buy stock in the health and wellness retailer founded by Gwyneth Paltrow. At least that’s the chatter going around Wall Street after a monied investor launched plans for a new blank-check company focused on investing in an “aspirational lifestyle” …
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Verizon Communications said Monday it will buy prepaid mobile phones provider Tracfone, a unit of Mexican telecoms giant America Movil, in a $6.25 billion cash and stock deal. Tracfone, which serves about 21 million subscribers through more than 90,000 retail locations across the United States, said more than 13 million of its subscribers rely on …
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ViacomCBS said it is offloading CNET Media Group for $500 million to digital-marketing company Red Ventures. The Monday deal, which is expected to close in the fourth quarter of 2020, also includes foodie site Chowhound, the tech site ZDNet, GameSpot, the Metacritic reviews-aggregation site and TVGuide.com. Red Ventures already owns and operates more than 100 …
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Even as Volkswagen subsidiary Traton revs up its efforts to buy a trucking company linked to billionaire Carl Icahn, sources warn that its merger plans could still easily veer off course. In a press release Thursday, Traton said it increased its offer to buy Navistar — the company behind the International brand of trucks and …
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Netflix co-Chief Executive Officer Reed Hastings told The Hollywood Reporter that his company isn’t looking to acquire cinema chains, despite buzz of the contrary. In the last two years, Netflix bought Hollywood’s historic Egyptian Theatre and it inked a long-term deal to lease the New York City’s Paris Theatre, raising questions about the company’s designs …
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US Senator Marco Rubio, a Republican and a China hawk, asked for a national security review of plans by GNC to sell itself to Harbin Pharmaceutical Group. Rubio made the request in a letter to Treasury Secretary Steven Mnuchin. The department leads the inter-agency Committee on Foreign Investment in the United States. GNC has said …
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Tiffany & Co. wants to grill LVMH chief Bernard Arnault in court about his reported attempts to wriggle out of the $16.2 billion marriage of the luxury giants, The Post has learned. The New York-based jeweler — which sued LVMH on Wednesday to prevent the French luxury conglomerate from backing out of the November 2019 …
The doughnut chain's stock price soared to a new all-time high Monday after it announced plans to sell itself to Inspire Brands, the private equity-backed conglomerate behind Arby's and Buffalo Wild
