Bustle owner acquires Gawker.com

Gawker gossip Bryan Goldberg, the owner of Elite Daily, Bustle, and more, won the auction for Gawker.com on Thursday, with the final purchase price valued at $1.35 million. Gawker faced bankruptcy after venture capitalist Peter Thiel launched a lawsuit against Gawker with wrestler Hulk Hogan. The site posted a video of Hogan in a sexual […]
  • 6 Days ago

Fox raises bid for Sky

Sky’s the limit for Fox 21st Century Fox announced on Wednesday that it has upped its bid for UK broadcaster Sky to $32.5 billion (£24.5 billion). Fox has been deadlocked in a bidding war with Comcast over Sky since April, and this most recent bid eclipses Sky’s by 12 percent. In fact, it’s 30 percent larger […]
  • 8 Days ago

Lyft acquires Motivate

Lyft expands portfolio with bikes Lyft announced on Monday that it will acquire bike-sharing giant Motivate for an undisclosed amount. Motivate is the parent company of popular bike-sharing networks like Citi Bike in New York and the Bay Area, and Capital Bikeshare in Washington, D.C. The acquisition comes at a time when Lyft it trying […]
  • 9 Days ago

Food manufacturers ConAgra and Pinnacle Foods merge

More food manufacturers merge Two frozen food companies, ConAgra and Pinnacle Foods, merged on Wednesday, creating a massive frozen food giant. ConAgra purchased PF for $10.9 billion. ConAgra owns popular food brands like Orville Redenbacher’s and Chef Boyardee, and Pinnacle Foods owns Hungry-Man and Birds Eye, among others. The companies are the two major leaders […]
  • 21 Days ago

Fujifilm seeking lawsuit against Xerox

Fuji Xerox breakup could get messy Fujifilm will sue Xerox for $1 billion after the company pulled out of the agreed upon Fuji Xerox merger. The Japanese company’s lawsuit is based around the “punitive damages for Xerox’s intentional and egregious conduct” after canceling the deal, according to their district court’s filing. The deal would have […]
  • 28 Days ago

AT&T-Warner acquisition approved

AT&T-Warner trumps lawsuit On Tuesday, Judge Richard Leon approved AT&T’s acquisition of Time Warner Cable – a deal worth $85 billion, one of the biggest acquisitions in the 2000s. The acquisition created a massive six-week antitrust trial, as AT&T’s massive satellite and phone networks will now have access to brands like Warner Bros., CNN, and […]
  • 1 month ago

Italy’s UniCredit hopes to merge with France’s Societe Generale

Will there be a new super-bank in town? The Financial Times reported on Tuesday that two of Europe’s largest commercial banks could potentially merge soon. Italy’s UniCredit hopes to acquire Societe Generale in one of the biggest bank acquisitions of all time. However, a deal is far from definitive. UniCredit did not comment on the […]
  • 1 month ago

Bayer one step closer to acquiring Monsanto

There’s about to be a new monopoly in town German pharmaceutical company Bayer launched a cash call for 6 billion euros ($7 billion) to finance the acquisition of seed and pesticide manufacturer Monsanto. The deal estimates at around $62.5 billion (!!!). Last week, Bayer received approval from the US for the acquisition, which was one […]
  • 1 month ago

Microsoft will buy GitHub

Microsoft-GitHub acquisition quid pro quo Microsoft will acquire software development platform GitHub. Originally, they considered a joint marketing campaign worth just $35 million, but discussions had reached investment and/or acquisition last week. And on Monday, the tech giant announced that it would buy GitHub for $7.5 billion. This will be Microsoft’s second-largest acquisition, following its […]
  • 1 month ago
Page 1 of 3123 »