Tag: Ownership changes
Battling bigness: Congress eyes action against monopolies
WASHINGTON — The battle against bigness is building. Whether it’s beer, banks or book publishing, lawmakers are targeting major industries they say have become...
Brand firm takes controlling stake in Toys R Us parent
<p>NEW YORK — A New York-based brand management firm that already owns Anne Klein and Joseph Abboud is taking a controlling stake in the...
Luxury seller Saks to spinoff website into separate company
NEW YORK — Saks Fifth Avenue is spinning off its website into a separate company, with the hopes of expanding that business at a...
Luxury seller Saks to spinoff website into separate company
<p>NEW YORK — Saks Fifth Avenue is spinning off its website into a separate company, with the hopes of expanding that business at a...
Hertz eyes bankruptcy exit through $4.2 billion stake sale
In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a controlling stake in the company to...
AT&T spinning off DirecTV after losing millions of customers
AT&T is spinning off its DirecTV into a new company for a fraction of the $48.5 billion it paid for the satellite TV service...
Palestinians say Israel blocks shipment of vaccines to Gaza
RAMALLAH, West Bank — The Palestinian Authority said Monday that Israel was preventing it from sending coronavirus vaccines to the Gaza Strip that are...
Bally’s acquires SportCaller free-play game provider
ATLANTIC CITY, N.J. — Bally's Corp.'s shopping spree shows no signs of slowing down as the Rhode Island-based gambling company snapped up yet...
Businesses start to rethink Myanmar as coup ignites protests
BANGKOK — Businesses are just beginning to reassess their investments in Myanmar after the military seized power, detaining civilian leaders and sparking mass protests....
UK tech tycoon fights US extradition over ill-fated HP deal
LONDON — A British tech entrepreneur appeared in a London court Tuesday to fight extradition to the United States on fraud charges stemming from...