The tech website’s publisher, G/O Media, sold Gizmodo to the digital media and tech company Keleops.
Category: Mergers, Acquisitions and Divestitures
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A Sticking Point in Paramount and Skydance Talks: Who Pays For a Lawsuit?
A special committee of Paramount’s board of directors supports a merger with Skydance, a studio that has increased its offer in recent days. But the deal isn’t done yet.
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Chobani Yogurt Founder Buys Anchor Brewing Company
Hamdi Ulukaya called the craft brewer, said to be the country’s oldest, a “grand jewel.” Anchor’s former owner, Sapporo, put it into liquidation last year, citing the effects of the pandemic.
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Wall Street Lands on India, Looking for Profits It Can’t Find in China
Stock markets in Mumbai have surged as big global investors hope India can become a source of growth. It won’t be so easy.
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ConocoPhillips to Acquire Marathon Oil in $22.5 Billion Deal
The takeover is the latest in a wave of consolidation sweeping the oil industry, with the biggest players rushing to acquire smaller rivals.
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ConocoPhillips to Buy Marathon Oil as M.&A. Frenzy Continues
ConocoPhillips has agreed to buy Marathon Oil for $22.5 billion, as consolidation in the U.S. energy sector shows little sign of slowing down.
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Chevron’s $53 Billion Oil Deal Is Backed by Hess Shareholders
Hurdles remain as Chevron and Exxon Mobil wage a legal battle over Hess’s stake in a lucrative oil project in Guyana.
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Adam Neumann Gives Up on Buying Back WeWork
The co-founder of the shared-office company, who stepped down under pressure before the firm went bankrupt, announced an audacious takeover bid earlier this year.
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Stanley Goldstein, Who Helped Make CVS a Pharmacy Giant, Dies at 89
The small chain that he, a brother and a third partner opened in 1963 had become the nation’s largest by the time he retired as its chief executive three decades later.
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China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.
A new approach by China’s top leaders is bold but pales against the problem: a vast number of empty apartments no one wants to buy.
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U.S. Sues to Break Up Ticketmaster Owner, Live Nation
Accused of violating antitrust laws, Live Nation Entertainment faces a fight that could reshape the multibillion-dollar live music industry.