Franchise News
Blackberry to Acquire Good Technology, Expand Leadership in Secure Cross-Platform Mobility Management
Emera Acquires TECO Energy for about $10.4 Billion, Becomes Energy Leader in North America
Emera, Inc. has announced that it will be acquiring TECO Energy for about $10.4 billion, including the assumption of about $3.9 billion in debt, according to a press release issued by Emera.
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General Mills to Sell Green Giant and Le Sueur Vegetable Businesses to B&G Foods for $765 Million, Reshapes its Portfolio for Growth
General Mills, Inc. has announced that it will be selling its Green Giant and Le Sueur vegetable business to B&G Foods, Inc. for approximately $765 million in cash, according to a press release issued by General Mills.
Target CEO Brian Cornell To Address ‘Unacceptable’ Empty Store Shelves Problems
Target Corp. Chief Executive Officer Brian Cornell is set to resolve problems keeping store shelves stocked with merchandise, which he describes as "unacceptable."
Ford Opens $275 Million Engine Plant In Russia To Defray Production Costs In Eurasian Market
Ford Sollers, Ford Motor Company's Russian venture, has opened a $275 million engine plant in the eurasian country in an effort to defray production costs in the market of that region.
Pinterest Hires Michael Ackerman To Manage Company Advertising Partnerships
Pinterest officials have hired former Kenshoo vice president Michael Akkerman to manage the company's advertising partnerships. Kenshoo is an agile marketing firm.
Natalie Massenet Resigns from Net-a-Porter, Leaves Company as It Completes Merger with Yoox
Natalie Massenet has resigned from Net-a-Porter Group Ltd as the company is completing its merger with Yoox Group SpA, according to a report from The Wall Street Journal.
Kenosha Beef Recalls Almost 90,000 Pounds of Pork Sausages, Possible Contamination of Foreign Matter Identified
The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) has announced that Kenosha Beef International Ltd is recalling close to 90,000 pounds of pork sausage patty products due to a possible contamination from foreign materials, according to a press release issued by the FSIS.
Rentokil Buys Steritech for $425 Million, Strengthens Position as No. 3 Pest Control Business in U.S.
Rentokil Initial Plc has announced that it will acquire Steritech Group, Inc., one of the leading pest control businesses in North America, for $425 million in cash, according to a press release issued by Rentokil.
LEGO Sales Increased in First Half Due to Asian Growth, Will Increase Workforce in Jiaxing
The LEGO Group has posted an increase in revenue for the first half of 2015 fueled by strong growth, especially in Asia, according to a press release issued by LEGO.
Florida Power & Light to Reduce Electricity Rates in 2016, Push for Efficiency Saving Customers Money
Florida Power & Light Company (FPL) has announced that is again planning to reduce its rates by 2016 due to the company’s long-term investments in making its plants more efficient, according to a press release issued by FPL.
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