Slurpee Billion Takeover

7-Eleven, the Slurpee and a $47 Billion Takeover Battle

The convenience chain is at the center of a bidding war between would-be buyers on two continents. Here’s why they’re hungry for it.

Business - The Wall Street Journal - 14 hours ago

Halozyme says €2 billion takeover of Evotech would create leader in drug discovery

Halozyme says the combined company would have an estimated $2 billion in revenue in 2025.

Business - MarketWatch - 5 days ago

Why Germany Is Resisting UniCredit’s Takeover of Commerzbank

Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.

Top stories - The New York Times - November 1

LinkedIn’s Hostile Takeover of the Tech Job Market

LinkedIn is going all-in on AI for recruiters and job seekers.

Business - Inc. - November 5

Chelsea duo praise Bompastor's smooth takeover

Chelsea duo Erin Cuthbert and Zecira Musovic praised new manager Sonia Bompastor following their unbeaten start to the season and the smooth transition to her leadership.

Sports - ESPN - November 6

Verizon's Takeover of Frontier Communications Wins Shareholder Support

The $9.6 billion deal would expand Verizon’s fiber network to a size that would rival major competitors such as AT&T and Comcast.

Business - The Wall Street Journal - November 13

The corporate takeover of ‘craft beer’ leaves a nasty taste in the mouth | Katie Mather

Giant multinationals are swallowing up independent breweries yet keeping the subversive, sock-it-to-the-man branding. Do they think drinkers are daft?. When I first began working in the beer ...

World - The Guardian - October 25

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom

Social media companies that once at least tried to promote a healthy information ecosystem have largely given up—and insiders say Musk’s example gave them cover.

Tech - Wired - November 5

UniCredit and Commerzbank square off with target hikes amid takeover battle

UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance.

Business - CNBC - November 6

Jos Buttler returns for England ‘excited’ by McCullum’s white-ball takeover

Captain admits fearing sack after T20 World Cup flop McCullum says main job is lifting ‘miserable’ Buttler Jos Buttler feared he could be sacked as England captain after their T20 World Cup exit ...

World - The Guardian - November 8

X sees largest user exodus since Musk takeover

Users are exploring alternatives like Bluesky and Threads.

How the states can protect public health from the federal fringe takeover

No matter where we live, we should ask what our state doing to protect our families against rancorous false cries against basic public health protections.

Politics - The Hill - November 14

KKR and Bain’s $4bn takeover battle set to open up M&A in Japan

Bankers say clash of private equity titans augurs new phase of ‘hostile’ dealmaking in country

World - Financial Times - 5 days ago

Elon Musk's secret talks with Putin ramped up during his Twitter takeover: WSJ report

Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Vladimir Putin since late 2022, The Wall Street Journal reports.

Business - CNBC - October 25

7-Eleven starts talks with ACT on $47bn takeover bid as ‘white knight’ emerges

Japanese convenience store operator receives rival buyout offer from members of founding family

Business - Financial Times - November 13

L7's Fast and Frightening Takeover is the eclectic punk rock festival you've been waiting for

Beloved art-punk band L7 on Saturday launches its first-ever mini festival at the Belasco theater with dynamic performers such as Surfbort, Adult., Olivia Jean, the Paranoyds and NIIS.

Entertainment - Los Angeles Times - 2 days ago

MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?

Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...

Business - MarketWatch - November 11

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

Waymo Raises $5.6 Billion From Outside Investors

Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.

Business - The New York Times - October 28

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Alphabet Revenue Jumps 15% to $88.3 Billion

The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.

Tech - The New York Times - October 29

UEFA pledges $1 billion to grow women's soccer

UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.

Sports - ESPN - October 30

Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - October 30

Siemens to Buy Altair in $10.6 Billion Equity Deal

The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.

Business - The Wall Street Journal - October 30

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - October 31

Kroger Finalizes $1.37 Billion Opioid Crisis Settlement

Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.

Business - The Wall Street Journal - November 4

U.K. government cuts NatWest stake by £1 billion

The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.

Business - MarketWatch - November 11

Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion

Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.

Business - MarketWatch - November 13

Corruption overshadows Ukraine's multi-billion reconstruction progam

World - Yahoo News - November 14

Samsung Electronics Plans $7 Billion Share Buyback

The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.

Business - The Wall Street Journal - November 15

MicroStrategy’s stock surges on $4.6 billion bitcoin buy

MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.

Business - MarketWatch - 4 days ago

MicroStrategy’s $30 billion Bitcoin Bet Is Paying Off

The stock is up 460 percent this year thanks to the crypto—more than double Nvidia’s returns.

Business - Inc. - 4 days ago

A look at the $3 billion classroom safety industry

With school shootings continuing throughout the U.S., classroom safety has become big business. Mark Strassmann takes a look at how some companies are trying to keep students safe.

Outside spending eclipses $1 billion in the presidential race, setting a new record

Outside groups have poured a record-breaking $1.1 billion into the presidential race with less than two weeks to go before Election Day.

Paris aid talks mobilize €1 billion for Lebanon, as war drags on

World - Yahoo News - October 24

The Paris conference for Lebanon raises $1 billion in pledges for humanitarian and military support

An international conference for Lebanon in Paris raised $1 billion in pledges for humanitarian aid and military support

World - ABC News - October 24

Harris, Trump and Allies Spend Over a Half-Billion Dollars in 16 Days

Donald Trump has now raised $1 billion since announcing his run for president. And he has Elon Musk’s $119 million. But Kamala Harris has a huge cash advantage.

Top stories - The New York Times - October 25

A Psychologist Explains Why Americans Spend Billions to Scare Themselves Silly on Halloween

Why do Americans shell out north of $12 billion on Halloween? A psychologist explains the appeal of scaring ourselves silly.

Business - Inc. - October 25

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