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Monday, August 2, 2021

Authentic Brands CEO touts $1 billion liquidity, plans mall revival

Jamie Salter, CEO for Authentic Brands, has teamed up with Simon Property Group to acquire declining retailers in a joint venture called Sparc. In a...
Centurylink

Centurylink faces enforcement action for violating anti-competitive deal with DOJ

The U.S. Department of Justice (DOJ) commenced an enforcement action against Centurylink (NYSE: CTL) for violating the terms of their agreement designed to prevent...

Lucky Brand acquired by Simon and Authentic Brands

Simon Property Group and Authentic Brands Group (ABG) have teamed up in an unlikely deal to acquire bankrupt denim maker Lucky Brand for $140.1...

Trump increases pressure on TikTok deal, bans app transactions

Microsoft’s ongoing TikTok deal is facing increasing pressure after President Trump signed an executive order banning transactions of TikTok late on Thursday, which is...

Microsoft shifts focus to acquire entirety of TikTok business

Microsoft is floating the idea of acquiring the entirety of TikTok from Chinese-owned parent company ByteDance. The Financial times first reported on this, citing...

Chinese state media: US a ‘rogue country,’ TikTok acquisition is theft

On Monday, Chinese state media launched multiple salvoes claiming the U.S. is a “rogue country” and Microsoft’s possible TikTok deal is a theft of...

Trump changes stance, gives Microsoft 45 days on TikTok deal

Over the course of the last week, President Trump changed his stance on the short-media app TikTok, weighing whether to ban the app outright...

Microsoft enters early talks to acquire TikTok US operations

Technology giant Microsoft has reportedly entered into preliminary talks to acquire the U.S. based TikTok division, owned by Chinese parent company ByteDance. The move...

eBay to sell classified ad business to Adevinta for $9.2 billion

Lat week, eBay announced it had negotiated the sale of its classified ad business unit to Adevinta, a Norwegian based publisher majority-owned by Schibsted.  The deal...

Chevron acquires Noble Energy in landmark $5 billion deal

On Monday, Chevron Corp. (NYSE: CVX) announced an acquisition agreement for Noble Energy (NASDAQ: NBL) at $5 billion. This marks the largest energy deal...

Must Read

FTC sends refunds to victims of credit card debt relief schemes

Victims of certain credit card debt relief schemes will receive refunds, according to the Federal Trade Commission (FTC). The federal consumer protection watchdog said it...