The acquisition is the famed music manager’s first major move at Hybe America — a division of the South Korean firm — since he became its sole chief executive last month.
Category: Mergers, Acquisitions and Divestitures
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Vox Media Is Raising $100 Million From Penske Media
The deal is the latest in a series of acquisitions and investments made by Penske Media, the owner of a swath of entertainment and trade publications including Rolling Stone and Variety.
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Vox Media Is Raising $100 Million From Penske Media
The deal is the latest in a series of acquisitions and investments made by Penske Media, the owner of a swath of entertainment and trade publications including Rolling Stone and Variety.
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Rothschild Family Aims For Full Control of Bank that Bears Its Name
The family’s investment vehicle said it would offer to buy out other shareholders in Rothschild & Co., the flagship company in the global banking dynasty.
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National Enquirer, Scandal-Plagued Tabloid, to Be Sold
The publication has come under scrutiny in recent years over its suppression of stories about Donald Trump in the 2016 campaign.
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Adani, Embattled Indian Company, Scraps $2.5 Billion Share Sale
The cancellation of the offering is a blow to the company and its billionaire owner, Gautam Adani.
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When Private Equity Came for the Toddler Gyms
The same playbook that has notched high returns acquiring things like foreclosed homes and highway rest stops is being tested by a family-oriented franchise.
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Elon Musk Said Tesla Buyout Plan Didn’t Involve ‘a Specific Number’
Under questioning, Mr. Musk said he hadn’t discussed how much money investors would put in to help him take his car company private.
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Ticketmaster Cast as a Powerful ‘Monopoly’ at Senate Hearing
The Judiciary Committee, responding to the bungled sale of Taylor Swift concert tickets, heard the company apologize and its critics trace the problem to the industry’s lack of competition.
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Grocery Store Merger Faces Long Road Before Approval
Consumer advocates, unions and independent grocers are against a deal that would join Kroger and Albertsons, and be lucrative for investors.
