Tag: Mergers and acquisitions
Zoom buying Five9 in $14.7B all-stock transaction
Zoom, the videoconferencing company whose growth was supercharged by the pandemic over the past year, will buy the cloud contact center provider Five9 in...
Lordstown Motors receives two subpoenas
LORDSTOWN, Ohio — Lordstown Motors, an Ohio company under scrutiny over the number of orders it claimed it had for the electric trucks that...
Bally’s Corp. buys AVP beach volleyball tour
Bally’s Corp. on Tuesday acquired the Association of Volleyball Professionals, the top American beach volleyball tour, and said it plans to broadcast AVP content...
Musk under fire again: CEO to testify over Tesla acquisition
In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a “no brainer" — a...
Nordstrom buys minority share in 4 UK fashion brands
NEW YORK — Nordstrom says it's acquiring a minority interest in four fashion brands owned by a British company called Asos as the department...
Bidding war speculation gives UK’s Morrisons shares a boost
LONDON — Shares in British supermarket chain Morrisons spiked by 11% on Monday as investors priced in the possibility of a bidding war for...
Fortress-led group to buy UK’s Morrisons for $8.7 billion
LONDON — Morrisons, the U.K.’s fourth-largest supermarket chain, has accepted a 6.3 billion-pound ($8.7 billion) takeover bid from a group of buyers led by...
GOP candidate’s private equity resume draws scrutiny in Va.
RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...
Port operator DP World buys US logistics firm in $1.2B deal
DUBAI, United Arab Emirates — One of the world’s largest port operators, DP World, said Thursday it has acquired an American logistics firm in...
GOP candidate’s private equity resume draws scrutiny in Va.
RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...