Tag: Mergers and acquisitions

Zoom buying Five9 in $14.7B all-stock transaction

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Zoom, the videoconferencing company whose growth was supercharged by the pandemic over the past year, will buy the cloud contact center provider Five9 in...

Lordstown Motors receives two subpoenas

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LORDSTOWN, Ohio — Lordstown Motors, an Ohio company under scrutiny over the number of orders it claimed it had for the electric trucks that...

Bally’s Corp. buys AVP beach volleyball tour

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Bally’s Corp. on Tuesday acquired the Association of Volleyball Professionals, the top American beach volleyball tour, and said it plans to broadcast AVP content...

Musk under fire again: CEO to testify over Tesla acquisition

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In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a “no brainer" — a...

Nordstrom buys minority share in 4 UK fashion brands

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NEW YORK — Nordstrom says it's acquiring a minority interest in four fashion brands owned by a British company called Asos as the department...

Bidding war speculation gives UK’s Morrisons shares a boost

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LONDON — Shares in British supermarket chain Morrisons spiked by 11% on Monday as investors priced in the possibility of a bidding war for...

Fortress-led group to buy UK’s Morrisons for $8.7 billion

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LONDON — Morrisons, the U.K.’s fourth-largest supermarket chain, has accepted a 6.3 billion-pound ($8.7 billion) takeover bid from a group of buyers led by...

GOP candidate’s private equity resume draws scrutiny in Va.

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RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...

Port operator DP World buys US logistics firm in $1.2B deal

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DUBAI, United Arab Emirates — One of the world’s largest port operators, DP World, said Thursday it has acquired an American logistics firm in...

GOP candidate’s private equity resume draws scrutiny in Va.

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RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...