Private equity firms have been circling Peloton for a potential buyout as it grapples with slowing sales and losses.
Paramount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times
The European Union on Monday approved the $14 billion takeover of major American manufacturer U.S. Steel by Japan's Nippon Steel, which U.S. President Joe Biden has opposed. The European Commission "concluded that the notified transaction would not raise competition concerns", the EU's powerful antitrust regulator said in a statement. The
KQED, the Bay Area’s most notable public broadcaster, is expected to lay off between 18 and 25 employees after recently initiating staff buyout packages to help with a budget deficit, SFGATE has learned. In a Monday email to KQED staff viewed by SFGATE, CEO Michael Isip said a small number of employees took the early retirement package, but it won’t be enough to offset the financial gap. KQED director of communications Peter Cavagnaro confirmed the layoffs to SFGATE. “We’re continuing to...
A consortium featuring investors including Starwood Capital Group and SSW Partners is considering a buyout of Asian warehouse developer ESR Group Ltd., people familiar with the matter said, injecting more life into dealmaking in Hong Kong.
Journalists at LAist have been offered buyouts ahead of a potential round of layoffs at the local public radio station that broadcasts under the call sign KPCC-FM (89.3). Kristen Muller, chief content officer at LAist, informed donors by email on Thursday that the company is pursuing a "voluntary buyout program for current employees" in an effort to prevent cuts. All full- and part-time staffers who work at least 24 hours per week are eligible for buyouts. LAist reporter Caitlin Hernández posted...
Pierre-Luc Dubois is still going to be a member of the Los Angeles Kings next season. "We need to make him better," Kings general manager Rob Blake said