Charlie Javice promised to simplify the college financial aid process. It was a compelling pitch. Especially, as now seems likely, to those with little firsthand knowledge of financial aid.
Category: Mergers, Acquisitions and Divestitures
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Vice, a Beleaguered Avatar of New Media, Hangs a ‘For Sale’ Sign
Vice, which has struggled to achieve profitability in recent years, has formed a special committee to find suitors.
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Goldman Sachs’ Marcus Consumer Banking Move Turns Costly
Goldman Sachs will take a big hit from its ill-fated move into consumer banking, even as its other businesses weaken amid an economic slowdown.
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Bed Bath & Beyond in Talks to Sell Assets
The beleaguered retailer, which warned of a possible bankruptcy, is said to be in discussions with suitors about selling pieces of its business, including its Buy Buy Baby stores.
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Video Game Workers Get a Union Foothold at Microsoft
The outcome, involving about 300 employees, is one of organized labor’s biggest victories at a major U.S. tech company.
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Japan’s Business Owners Can’t Find Successors. This Man Is Giving His Away.
An owner’s struggle in Japan’s northern dairy region illuminates one of the potentially devastating economic impacts of an aging society.
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Deal-making Thrived, Then Hit a Road Bump
Mergers and acquisitions activity plunged in the second half of 2022, but there are signs that it could pick up again next year.
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Mat Ishbia to Acquire Phoenix Suns and Mercury For $4 Billion
Ishbia, the chief executive of United Wholesale Mortgage, would replace Robert Sarver as the majority owner. Sarver was pushed to sell amid a misconduct scandal.