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Boeing is offering a voluntary layoff plan to prepare for an aircraft industry that the CEO says will take time to recover from the coronavirus pandemic.
WeWork is reportedly accepting a financial rescue package that hands control of the company to its top investor and pushes aside co-founder Adam Neumann and his grandiose vision of changing the world through communal working.
General Motors hoped at least 7,000 white-collar workers would sign up by noon Monday for a buyout offer, but managers told employees last week that it was likely to fall short, raising the prospect of significant layoffs.
General Motors will attempt to cut costs by offering buyouts to about 18,000 white-collar workers in North America.
The $3.9 billion buyout of Tribune Media by Sinclair collapsed Thursday, ending a bid to create a massive media juggernaut that could have rivaled the reach of Fox News.
The restaurant group co-owned by Mario Batali says it has been “actively negotiating” to buy out the celebrity chef facing sexual misconduct allegations.
Department store operator Nordstrom ended buyout talks with family members of the company’s founder, saying Tuesday it couldn’t get the group to raise its price.
Seeing an attempt to block its buyout out of Time Warner as a “radical” departure by the U.S. government, AT&T is preparing for a fight to see the $85 billion deal through.
Ruby Tuesday is being acquired for about $146 million in a deal that will take the struggling chain private.
A third round of buyout offers may be coming to the University of Montana.
KKR & Co. amassed $13.9 billion for its latest private equity fund, the most ever raised for a buyout pool focused on North America.
NEW YORK – Monsanto is rejecting the second takeover bid from Bayer. The German drug and chemicals company last week boosted its offer from $62 billion, to about $65 billion, or $125 per share.
Tribune Publishing Co. on Wednesday rejected Gannett’s more than $388 million buyout offer, saying it’s too little for the company that owns the Los Angeles Times, Chicago Tribune and other newspapers.
Gannett is escalating its pursuit of buy rival newspaper company Tribune, telling shareholders of Tribune not to vote for its board member nominees up for election in June.
International Paper said it is paying $2.2 billion to buy seven mills from Weyerhaeuser that make pulp used in diapers, tissues and other consumer products.
Tribune Publishing said Tuesday in a letter that USA Today owner Gannett was “erratic” and “unreliable” as the two newspaper companies tried to discuss a possible tie-up.
A fight for control of the Starwood hotel chain is under way following a $14 billion buyout offer Monday from a consortium led by China’s Anbang Insurance Group.
Hecla Mining Co. won’t be acquiring a competing silver producer through a hostile takeover. Company officials announced this morning that U.S. Silver Corp.’s shareholders had rejected their cash offer of about $109 million, and voted instead to merge with a Canadian firm, RX Gold & Silver.