M&A
The Stars Group shares are trading higher after the company announced an all-stock merger with Flutter Entertainment. The merger will combine two businesses in the sports betting and gaming sector. On completion of the merger, Flutter ...
Yankee Global Enterprises, with strategic partners Sinclair Broadcast Group and Amazon, today announced the purchase of the YES Network from The Walt Disney Company acquiring the 80 percent of the YES Network not already held by Yankee Global ...
Cigarette maker Philip Morris International Inc. (NYSE: PM) said Tuesday it’s in discussions about the possibility of reuniting with industry leader Altria Group, Inc. (NYSE: MO) in a possible blocbuster all-stock merger that would create a massive $200-billion-plus company. Altria ...
WeWork, now known as The We Company, announced this morning the acquisition of a rival co-working business, Spacious. The three-year-old, New York-based startup turns restaurants that sit empty during the day into co-working spaces, and is one of several niche co-working ...
The merger of Viacom and CBS is shaping up to be lucrative for its top two execs. Acting CBS Chief Executive Joe Ianniello, who will be chairman and CEO of CBS at the combined firm, ...