Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures.
Mergers & Acquisitions
Tech News Portal Gizmodo Acquired by Europe-Based Media Firm Keleops
Swiss and French online tech media company Keleops buys Gizmodo. The tech news site Gizmodo is sold to Keleops, a European online tech-media business with operations in Switzerland and France.
Dr. Pepper Outranks Pepsi as Second Largest US Soda Brand
While Coca Cola has a comfortable lead in the US soda market, Dr. Pepper has been inching forward to second place and toppling Pepsi’s traditional ranking.
Paramount, Skydance Agree on Merger Terms; $8 Billion M&A Deal Could Be Announced Soon
Paramount and Skydance agreed on their merger terms. Will Shari Redstone approve the M&A deal? Here are the latest details.
Adam Neumann Withdraws $500 Million Offer to Buy Back WeWork
WeWork founder Adam Neumann has withdrawn his multi-million dollar offer to buy back the bankrupt firm.
Latest News
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero.
Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.
Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress.
The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.
Steve Wozniak’s space date company Privateer has acquired Orbital Insight for an undisclosed amount.
Paramount reportedly pulling out from the proposed merger with Skydance. Now, other entertainment companies are expected to take advantage if it doesn't push through.
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition.
Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
Kroger and Albertsons announced a divestment deal to sell more shops to C&S Wholesale Grocers to get government permission for a merger.
