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Monday, November 18, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: buyout

UPDATED: Tue., Oct. 22, 2019

WeWork co-founder pushed aside in reported SoftBank takeover

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 …

UPDATED: Tue., Nov. 20, 2018

General Motors wanted at least 7K workers to take a buyout; layoffs loom

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 …

UPDATED: Wed., Oct. 31, 2018

GM offers buyouts to 18K salaried workers in North America

General Motors will attempt to cut costs by offering buyouts to about 18,000 white-collar workers in North America.

UPDATED: Thu., Aug. 9, 2018

$3.9B buyout of Tribune by Sinclair ends in acrimony

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.

UPDATED: Mon., May 21, 2018

Restaurant group negotiating to buy out Mario Batali

The restaurant group co-owned by Mario Batali says it has been “actively negotiating” to buy out the celebrity chef facing sexual misconduct allegations.

UPDATED: Tue., March 20, 2018

Nordstrom ends buyout talks with members of founder’s family

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.

After U.S. pushback, AT&T prepares to fight for Time Warner

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 …

Ruby Tuesday chain to be taken private in $146 million deal

Ruby Tuesday is being acquired for about $146 million in a deal that will take the struggling chain private.

University of Montana may see third round of buyout offers

A third round of buyout offers may be coming to the University of Montana.

Tribune Publishing rejects Gannett’s ‘opportunistic’ bid

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 …

Gannett tells Tribune shareholders not to vote for board

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 to buy 7 pulp mills from Weyerhaeuser

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 calls Gannett ‘erratic,’ but still reviewing purchase offer

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.

Emerging player from China could disrupt Marriott plans

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.