New York City’s mayor said the company’s proposed acquisition of Intermex could make it costlier for immigrants to send money abroad.
Category: Mergers, Acquisitions and Divestitures
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Mamdani Urges State to Block Western Union’s Deal for Intermex
The New York Times – Business: -
EBay, the Old-School E-Commerce Site, Finds Its Place in Modern Retail
The New York Times – Business:The online marketplace has remade itself by focusing on collectibles and other high-end goods — and attracted an unwelcome takeover bid from GameStop.
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EBay Rejects GameStop’s $55 Billion Takeover Bid
The New York Times – Business:The online marketplace eBay called the cash-and-stock proposal “neither credible nor attractive.”
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EBay Rejects GameStop’s $55 Billion Takeover Bid
The New York Times – Business:The online marketplace called the cash-and-stock proposal “neither credible nor attractive.”
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Byron Allen to Buy a Controlling Stake in BuzzFeed
The New York Times – Business:Jonah Peretti, BuzzFeed’s co-founder, will step down as chief executive and serve as its president of A.I.
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For Struggling JetBlue, Spirit’s Demise May Offer an Opportunity
The New York Times – Business:JetBlue Airways is adding flights at Spirit Airlines’ former home airport as it tries to turn a profit again.
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Lawsuit Accuses Lucky Strike of Building a Bowling Monopoly
The New York Times – Business:The suit, filed by bowlers from several states, accuses Lucky Strike Entertainment of driving up prices and diminishing customers’ experiences across the country.
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GameStop’s CEO Ryan Cohen Baffles Fans With eBay Bid
The New York Times – Business:Investors questioned Ryan Cohen’s latest gambit after he gave an evasive CNBC interview and a once-loyal supporter sold his GameStop shares.
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GameStop Proposes Acquiring eBay for $55 Billion
The New York Times – Business:Analysts question the feasibility of this long-shot bid by the video game retailer to acquire the much larger online marketplace.
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Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down
The New York Times – Business:Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.
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Spirit Airlines Prepares to Shut Down
The New York Times – Business:The low-fare airline, which has struggled for years, had been trying to secure a $500 million lifeline from the Trump administration.