Franchise News
Albertsons Officials Pursue IPO Estimated To Rake In $100,000, Signaling Continued Growth
Albertsons Companies Inc., one of the largest grocery chains in the United States, is pursuing an initial public offering of its stock, National Real Estate Investor reports.
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Envestnet to Acquire Yodlee, Enhances Company's Platform
Envestnet, Inc. a leading provider of unified wealth management technology and services to financial advisors has announced that it will acquire Yodlee, Inc. for approximately $590 million, according to a press release issued by the company.
Google Announces Plan for New Operating Structure, Creates New Company Called Alphabet
Google, Inc. has just announced the creation of a new company called Alphabet, as part of its plan for a new operating structure that will make Google cleaner and more accountable, according to a blog post in Google by Larry Page, CEO and co-founder of Google.
Cancer Genetics Announces Agreement to Acquire Response Genetics, Expands its National Sales and Service Footprint
Cancer Genetics, Inc. has announced that it has entered into an agreement in principle to acquire Response Genetics, Inc., a CLIA-certified clinical laboratory focused on the development and sale of molecular diagnostic testing services for cancer, according to a press release issued by Cancer Genetics.
Gravity CEO Defends $70,000 Minimum Salary, Says it was the Right Decision
Dan Price, CEO of Gravity Payments, defends his decision to raise the minimum salary of the company’s employees to $70,000, saying it was the right decision, according to a report from CNN Money.
Mallinckrodt Acquires Therakos, Expands Hospital Growth Business and Platform
Mallinckrodt Plc, has entered into a “definitive agreement” with The Gores Group LLC for a subsidiary of Mallinckrodt to acquire Therakos, Inc., a leading immunotherapy company, for approximately $1.325 billion, according to press release issued by Mallinckrodt.
Nokia Plotting Mobile Phone Comeback Amid Long Absence, Tough Competition
Finnish phone maker Nokia is looking to make a comeback with moves aimed to make the company more competitive in the handset business it once surrendered to Microsoft.
Precious Cargo Recalls One-Piece Infant Garment, Potential Choking Hazard Identified
Precious Cargo has announced the recall of its Infant One-Piece garment due to a potential choking hazard to young children, according to a company-issued press release.
Groupon Announced Investment of Sequoia to its Indian Arm, Unit to be Renamed Nearbuy
Groupon Inc. has just announced the investment of Sequoia Capital, a private equity firm, to its Indian unit, Groupon India, according to a press release issued by the company.
Walmart to Reduce Operating Hours at Six of its 24/7 Stores, Better Prepare the Store for Customers the Next Day
Six Walmart Supercenters that has operated for 24 hours will reduce its working hours by six, from 6 a.m. to 12 midnight, by the end of August, according to a report from The Advertiser.
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