Corporate deals, takeovers, mergers, and consolidation across industries
There's something wrong with my order In 2020 European company Just Eat Takeaway struck a deal which they hoped would break open the US food delivery market — offering $7.3bn to acquire Grubhub. The t...
Revlon, the beauty and cosmetics company first founded in 1932, has filed for bankruptcy . Ugly financials For years Revlon, which owns Elizabeth Arden and a number of fragrance lines (including Bri...
Streaming platform Roku saw its share price jump as much as 10% on Wednesday as internal rumors began to swirl that Netflix might be looking at an acquisition of the streaming platform most known to c...
The cinemaverseYesterday filmmaker Anthony Russo, who co-directed the highest grossing movie of all time (Avengers: Endgame), outlined why he believes cinematic universes — where characters, plots and...
So he did it. Elon Musk's $44bn deal to acquire Twitter and take it private has been accepted by Twitter's board, giving Musk carte blanche — if the deal goes through — to reshape Twitter and achieve ...
So Elon went and did it. After buying a 9% slice of Twitter, Elon Musk decided he wanted the whole pie , offering $54.20 a share for Twitter yesterday... for a total price tag of $43bn. In a letter p...
If you can't beat 'em... Buy 'em. Yesterday Sonos announced it was dropping a cool $100 million on acquiring a company called Mayht, a Dutch start-up best known for its prototype speakers that are so...
Coming up short TV audience and ratings data has made Nielsen an indispensable middleman between the advertising industry and the broadcast industry. Want to know how many people might see your adver...
Drop in the ocean This week iconic investor Warren Buffett announced that his company Berkshire Hathaway was acquiring an insurance company, Alleghany, for $11.6 billion. That's a pretty big deal (wo...
The New York Times has acquired Wordle — the viral word game — for an "undisclosed price in the low seven figures", which makes Josh Wardle, the game's creator, a millionaire at least one times over. ...
Video games... so hot right now Just last week we were discussing how fast the video game industry was growing , exploring why Zynga — the maker of FarmVille — was to be acquired for almost $13bn. Wel...
Zynga, the gaming giant responsible for FarmVille, Words With Friends,Zynga Poker, Mafia Wars and many other titles is getting bought for $12.7 billion by Take-Two Interactive, the publisher behind Gr...
The New York Times has a new year's resolution — to get in shape. It plans to do so by splashing $550m in cash on acquiring The Athletic , the sports media start-up founded back in 2016. Pay to read ...
"Mattress-in-a-box" company Casper announced this week that it was being acquired, taking the company private less than two years after the company's IPO. The deal values Casper somewhere around $300m...
PinPal PayPal is reportedly looking to acquire Pinterest for a valuation near $45bn in a bid to combine two tech companies that begin with the letter "P". On the surface, that's about where the simi...
This week two titans of the finance world, Henry Kravis and George Roberts, called time on their 45 year run at the top of high finance. Kravis and Roberts were the second "K" and the "R" in KKR — th...
Zoom has officially given up on its $15bn deal with Five9 — a cloud contact center that it initially reached an agreement to purchase in July. The deal fell through after Five9's shareholders voted ag...
Square, the other tech company run by Twitter founder Jack Dorsey, has agreed to buy Aussie fintech company Afterpay for a cool **$29bn.** Buy now, pay later Afterpay is one of a number of companie...
This week Etsy, the online marketplace for homemade and vintage gifts and crafts, acquired Depop , the British social shopping app, for $1.6bn. Sup, fellow kids Etsy has managed to turn a relative s...
This week Amazon completed its acquisition of iconic studio Metro-Goldwyn-Mayer (MGM) for $8.45bn. That deal is Amazon's second largest ever, just behind the $13.2bn that the e-commerce giant paid for...