With the sale of the video game site Kotaku to the European publisher Keleops, all but one website remains at G/O Media, which is shutting down.
Category: Mergers, Acquisitions and Divestitures
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Saks Is at a Crossroads, Facing Creditor and Vendor Unease
The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns about its finances remain.
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BP, Once a Hunter in the Oil Industry, Is Now Prey. What Went Wrong?
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside.
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Trump and Paramount in ‘Advanced’ Talks to Settle ‘60 Minutes’ Suit
The lawsuit has added a layer of complexity to Paramount’s multibillion-dollar merger with Skydance, a Hollywood studio.
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He Made Billions on Google and PayPal. Now, He’s Betting on News.
Michael Moritz co-founded The San Francisco Standard, a local news organization. It is acquiring Charter, a start-up focused on the future of work.
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New Owner for High Times Magazine Bets on a Counterculture Comeback
The anti-establishment magazine, which was taken over by a private equity firm in 2017, was purchased this week by an avid fan and reader for $3.5 million.
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Nippon Steel Completes Its Acquisition of U.S. Steel
The deal gives the White House extraordinary control over U.S. Steel as part of a pact to alleviate national security concerns.
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‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.
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‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.
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U.S. Steel and Nippon Steel Say Their ‘Partnership’ Is Sealed
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.