Franchise News
Sandell Asset Management Tells Bob Evans to Consider Selling its Packaged Foods Business to Post Holdings, Business could be Sold for More than $950 Million
Motorola Solutions to Acquire Airwave for about $1.2 Billion, Expand its Managed and Support Services Business
Google Buys 842 Megawatts of Renewable Energy, Largest Purchase of Renewable Energy by Non-Utility Company
Google has announced in a blog post that it will be adding 842 megawatts of renewable energy capacity to power its data centers. The investment is the largest purchase of renewable energy made by a non-utility company.
Latest News
Barclays to Sell Italian Retail Banking Business to CheBanca!, Part of Reduction of Non-Core Business
Barclays PLC has announced in a press release that it will be selling its Italian Retail Banking network of 89 branches to CheBanca!, the retail arm of the Mediobanca Group. The transaction is part of Barclays’ strategy to reduce businesses that are unprofitable or lack scale.
Target to Pay $39 Million to Resolve Claims Stemming From Data Breach
Target Corp. has agreed to pay $39 million to banks and credit unions to resolve their claims that they lost money because of the company’s late 2013 data breach, according to a report from Reuters.
Shell Receives Final Australian Regulatory Clearance, Combination with BG Only Needs Clearance from China Regulators
Royal Dutch Shell plc has announced in a press release that its recommended combination with BG Group plc has received approval from the Australian Foreign Investment Review Board (FIRB). The recommended combination now only needs approval from China’s regulatory authorities.
Qualcomm Enters Patent License Agreement with Xiaomi, Quells Fears that Chinese Vendors are Ignoring Company's Patent Licensing
Qualcomm Inc. has announced in a press release that it has entered into a new 3G and 4G China patent license agreement with Xiaomi Inc., a leading Chinese smartphone and Internet company. The announced agreement quells investors’ fears that Chinese vendors are ignoring Qualcomm’s patent licensing.
Yahoo Board Eying Sale of Internet Business: Execs Also Allegedly Considering Spinning Off Stake in Alibaba
Yahoo, Inc.’s board of directors is planning a series of meetings this week to discuss its options regarding the future of the company, people familiar with the plans told the Wall Street Journal.
RadioShack Names Nick Cannon as New Chief Creative Officer In Hopes Of Being A Must-Visit Electronics Store Again
RadioShack has announced in a press release published in PR Newswire that it has named Nick Cannon, one of the most successful and multi-faceted artists in the entertainment industry today, to be its new chief creative officer (CCO).
Outdoor Outfitter Cabela's Explores Strategic Alternatives, Looks To Increase Value For Shareholders
Cabela’s Inc. has announced in a press release that its board of directors is looking to explore and evaluate a wide range of strategic alternatives. The company is looking to increase its value for shareholders.
Shell Decides to Increase Production of Alpha Olefins at Geismar Chemical Plant, Becomes World's Largest Alpha Olefins Producer
Shell Chemical LP has announced in a press release its final investment decision to increase the production of Alpha Olefins (AO) at its chemical plant in Geismar, Louisiana. The increase in production makes the plant the largest producer of AO in the world.
Great Western Bancorp to Acquire HF Financial, Solidifies Market Leadership Position in Sioux Falls
Great Western Bancorp, Inc. has announced in a press release that it will be acquiring HF Financial Corp. for approximately $139.5 million in a cash and stock transaction. The acquisition of HF Financial, the holding company and parent of Home Federal Bank, solidifies Great Western’s market leadership in Sioux Falls.
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