Franchise News
Volkswagen Set to Promote Hans Dieter Poetsch to Chairman, Might Stabilize Company Following Internal Power Struggle
Avolon to be Acquired by Bohai for $7.6 Billion, Complements Bohai's existing Investment in the Leasing Sector
Avolon, the international aircraft leasing company, has agreed to be acquired by Bohai Leasing Co., the only listed leasing company in China, for approximately $7.6 billion including debt, according to a press release issued by Avolon.
Latest News
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.
Lannett to Acquire Kremers Urban Pharmaceuticals for $1.23 Billion, Expands Lannett's Existing Portfolio of Products
Lannett Company, Inc. has announced that it will be acquiring Kremers Urban Pharmaceuticals Inc., the U.S. specialty generic pharmaceuticals subsidiary of global biopharmaceuticals company UCB S.A. for $1.23 billion, according to a press release issued by Lannett.
Delta Air Lines Entices Business Fliers with On-Time Service, Promises to Pay if They Don't Deliver Better than Rivals
Delta Air Lines, Inc. is banking on its rate as being an on-time airline that beats its rivals to entice business fliers to fly with them, according to a report from Bloomberg.
Amazon's Dash Buttons Now Basically Free, Offers 11 New Brands
Amazon’s Dash Buttons, its adhesive one-click buttons that users can stick in any household surface where you may need to reorder products, is now made virtually free, according to a report from The Verge.