News Muncher - category buyout

3 weeks, 3 days ago

Consortium aims to seal ESR buyout in coming weeks, likely valuing it at over $7 bln, say sources

* Terms of the deal are not finalised, sources say * ESR shares down over 60% from their 2021 peak By Kane Wu and Julie Zhu HONG KONG, Nov 28 - A consortium including Starwood Capital Group and Warburg Pincus aims to finalise a deal to take ESR Group private in the coming weeks, valuing the Hong Kong-listed real estate …

Hong Kong Sources Consortium Warburg Pincus Seal Esr

3 weeks, 4 days ago

From disaster to hope: A Vermont family thankful for community support after flood destroyed home

Live Mint

PEACHAM, Vt. — The last thing John and Jenny Mackenzie saw as they fled their Vermont home with their daughters, dog and two guinea pigs last summer was their cars upended and propelled away by rushing flood waters. “The reality is that we won’t be able to afford to stay in this house that we’ve bought unless that buyout goes …

Family Flood State House Smith John Jenny

1 month ago

Catcher Jacob Stallings agrees to a $2.5M, 1-year deal with the Colorado Rockies

Associated Press

DENVER — Catcher Jacob Stallings and the Colorado Rockies agreed to a $2.5 million, one-year contract on Wednesday. The deal carries a $2 million salary for next season, along with a $2 million mutual option for 2026 that includes a $500,000 base buyout. The 34-year-old Stallings set full-season career highs with Colorado last season when he hit.263 with nine homers …

Colorado Rockies Catcher Stallings Agrees

1 month, 1 week ago

The outsider trying to restore Citi to investment-banking glory

Live Mint

The man charged with reviving Citigroup’s reputation as an investment bank is setting his sights on the buyout kings. In a recent meeting with one firm, Citi bankers said, “We’re embarrassed by how little we’ve done, for a long period of time." “It’s certainly better for us and the rest of the industry when the three biggest U.S. banks are …

Bank Work Wall Street Executive Jpmorgan Citi Raghavan

1 month, 1 week ago

Agriculture giants snatching up farms out from under gov't buyout scheme: report

NL Times

Agricultural giants like Van Drie and Klaremelk are buying up farms on the Veluwe, including from farmers who were negotiating with the government to close down their businesses. Van Drie and Klaremelk say they want to preserve these more modern stables and prevent them from being demolished when the government finds new uses for the land. “In order to achieve …

Van Stables Omroep Gelderland Modern Stables Drie Klaremelk Van Drie

1 month, 1 week ago

Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-led management buyout

LA Times

TKO + Endeavor CEO Ari Emanuel at the UFC 300 event at T-Mobile Arena on April 13 in Las Vegas. Beverly Hills-based Endeavor announced Monday it will sell sports betting firm OpenBet, in a management buyout backed by Chief Executive Ari Emanuel. Endeavor said it will sell OpenBet, along with sports data provider IMG Arena, to OB Global Holdings LLC …

Endeavor Emanuel Img Management Buyout Openbet Img Arena

4 months ago

76ers, France’s Guerschon Yabusele in serious talks on deal: Sources

New York Times

By Shams Charania, John Hollinger and Tess DeMeyer The Philadelphia 76ers are in serious talks with French power forward Guerschon Yabusele, according to league sources. 😳 📺 NBC and Peacock | #ParisOlympics pic.twitter.com/cjrH6Q9Epd — NBC Olympics & Paralympics August 10, 2024 Yabusele is resolving his $2.5 million contract buyout with Real Madrid as he nears a return to the NBA. …

Real Madrid Philadelphia Million Nba Nbc Yabusele Guerschon Yabusele

4 months, 3 weeks ago

To cut costs and keep vehicle prices down, Stellantis makes buyout offers to US white-collar workers

Associated Press

DETROIT — Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company’s CEO said the auto industry is in the middle of a significant storm. The company said in an email to employees that it will provide severance pay based on years of service, as well …

Offers Workers Company Stellantis Makes Salaried Workers

5 months ago

Clippers trade Russell Westbrook to Jazz. He’s expected to join the Nuggets after a buyout

Associated Press

LOS ANGELES — The Los Angeles Clippers sent Russell Westbrook to the Utah Jazz on Thursday in a sign-and-trade deal for point guard Kris Dunn. The point guard averaged a career-low 11.1 points per game while mostly coming off the bench last season for the Clippers, who were bounced by Dallas in the first round of the playoffs while Kawhi …

Jazz Nuggets Los Angeles Utah Nba Clippers Dunn

5 months, 1 week ago

The French left faces a hostile media

Al Jazeera

In France, a shock election win for the left was no thanks to French media. Contributors: Matthieu Bidan – Co-editor-in-chief, Street Press Catherine Fieschi – Fellow, Robert Schuman Centre Carine Fouteau – President, Mediapart Theophile Kouamouo – Host, Le Media On our radar: Israel has maintained its onslaught on Gaza, attacking schools, killing journalists and ordering all citizens of Gaza …

France Gaza French Western Media Le Media

5 months, 2 weeks ago

Buyout barons plot their escape from Britain amid fear of tax crackdown

The Telegraph

Private equity executives are stepping up plans to leave Britain over concerns Labour’s proposed tax crackdown will hammer lucrative payouts. Chancellor Rachel Reeves wants to close a tax loophole that allows private equity managers to pay capital gains tax of 28c on profits, rather than an income tax of 45pc. Mike Hinchliffe, head of private equity at Addleshaw Goddard, said …

Tax Labour Private Equity Britain Amid

5 months, 3 weeks ago

Stars, Flyers buy out Suter, Atkinson as NHL teams clear space for offseason moves

Associated Press

Buyout season is underway around the NHL as teams clear salary cap space for upcoming moves. I would like to thank Cam for all he has put into raising the standard of our team.” The buyout of Atkinson’s final year under contract would save the Flyers $3.5 million against the cap next season at a cost of an extra almost …

Stars Philadelphia Dallas Nhl Season Million Flyers

6 months, 3 weeks ago

US company rejects Mexico’s criticism, buy-out offer, says president’s projects hurt the environment

Associated Press

MEXICO CITY — An American quarry company on Monday rejected the Mexican president’s campaign of criticisms and closures, as well as his offer to buy its property on the Caribbean coast. In July, President Andrés Manuel López Obrador offered to buy the American company’s Caribbean coast property for about $385 million amid a bitter, years-long dispute. Alabama-based Vulcan Materials said …

Property Company Train Mexico Mexican López Obrador Protected Area

7 months ago

Riverland wine growers united in rejecting contract buy-out amid industry uncertainty

ABC

In short: Hundreds of Riverland grape growers have rejected an offer to buy out their red wine contracts. The offer from multinational company Accolade Wines proposed buying out growers' red wine contracts at $4,000 per hectare. In April, regional industry body Riverland Wine proposed a government-funded exit package for growers that included a payment of $4,000 per hectare to remove …

Support Wine Contract Industry Members Offer Wines

8 months, 3 weeks ago

Formula 1 owners Liberty Media close to MotoGP buy-out: Reports

Firstpost

Liberty Media are looking to muscle in on the lucrative two-wheel series run by Madrid-based Dorna Sports Formula One owners Liberty Media are close to a four billion dollar buy-out of the company that runs MotoGP, various media reported on Thursday. Buoyed by its success in the four-wheel fast lane, Liberty are now looking to muscle in on the lucrative …

Liberty Liberty Media Dorna

10 months, 3 weeks ago

JetBlue tells Spirit Airlines that it may terminate its $3.8 billion buyout offer challenged by US

Associated Press

NEW YORK — JetBlue Airways warned that it may end its bid to acquire low-cost carrier Spirit Airlines as soon as this weekend after a federal judge blocked the deal, sending Spirit shares sharply lower Friday. Spirit shot back that it finds no reason to terminate the deal and will continue to meet its obligations, “and it expects JetBlue to …

Deal Jetblue Spirit Airlines

10 months, 4 weeks ago

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

The Hindu

Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 billion purchase of video game maker Activision Blizzard. “As we move forward in 2024, the leadership of Microsoft Gaming and Activision Blizzard is committed to aligning on a strategy and an execution …

Gaming Game Microsoft Xbox Blizzard Activision Job Cuts

10 months, 4 weeks ago

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

Associated Press

NEW YORK — Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 billion purchase of video game maker Activision Blizzard. “As we move forward in 2024, the leadership of Microsoft Gaming and Activision Blizzard is committed to aligning on a strategy …

Gaming Game Microsoft Blizzard Activision Job Cuts

10 months, 4 weeks ago

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

LA Times

Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo obtained by the Associated Press on Thursday. Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69-billion purchase of video game maker Activision Blizzard. “As …

Gaming Microsoft Blizzard Video Game Job Cuts Its Gaming Division Division Following

11 months, 1 week ago

JetBlue’s $3.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competition

Associated Press

DALLAS — A federal judge on Tuesday sided with the Biden administration and blocked JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition. “To those dedicated customers of Spirit, this one’s for you.” Young said that a JetBlue-Spirit combination “would likely place stronger competitive pressure on the larger airlines in the country. At the same …

Spirit Airlines Competition Judge Biden Airline Billion

11 months, 1 week ago

Judge blocks JetBlue’s $3.8-billion buyout of Spirit Airlines, cites competition threat

LA Times

U.S. District Judge William Young said in a ruling Tuesday that the JetBlue-Spirit Airlines deal would “substantially lessen competition.” A federal judge is siding with the Biden administration and blocking JetBlue Airways from buying Spirit Airlines, saying the $3.8-billion deal would reduce competition. U.S. District Judge William Young, who presided over a non-jury trial last year, said in the ruling …

Spirit Airlines Judge Airline Deal Ruling Merger

11 months, 1 week ago

Would you take cash to leave a rent-controlled apartment? Data show it happens often in L.A.

LA Times

Ana Lopez stands in front of the house she has rented for more than two decades in the Highland Park neighborhood of Los Angeles on Sunday. But, she says, “We’re going to keep fighting to stay in our home.” Buyout offers — also known as “cash for keys” — have become a frequently used tool for landlords hoping to get …

Offers Tenant Tenants City Los Angeles Leave Cash

1 year ago

State GOP leaders furious with Florida Republican who refuses to leave office: report

Raw Story

Any chance that Florida GOP chair Christian Ziegler may get a severance package as state Republican Party leaders push for his ouster due to his threesome sex scandal can be put to rest based upon comments from the people who control his fate. In interviews with the Daily Beast's Kate Briquelet, one GOP insider launched into a furious rant accusing …

Republican Gop Leaders Ziegler Gop Leaders Furious Leaders Furious

1 year ago

NBA trade board 2023-24: The latest on Pascal Siakam, Zach LaVine and more top targets

New York Times

As the NBA calendar turns to Dec. 15, the start of NBA trade season kicks off in earnest. More from James L. Edwards III: Bojan Bogdanović is more than just a professional scorer Trade value One first-round pick Best fits Grizzlies, Cavaliers, Magic Age 34 Position Forward Contract Value $20 million Expiration 2025 Forward Grizzlies Cavaliers Magic 7 Buddy Hield …

Jazz Chicago Trade Value Nuggets Houston Harris Jones

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Articles for Buyout

Consortium aims to seal ESR buyout in coming weeks, likely valuing it at over $7 bln, say sources

From disaster to hope: A Vermont family thankful for community support after flood destroyed home

Catcher Jacob Stallings agrees to a $2.5M, 1-year deal with the Colorado Rockies

The outsider trying to restore Citi to investment-banking glory

Agriculture giants snatching up farms out from under gov't buyout scheme: report

Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-led management buyout

76ers, France’s Guerschon Yabusele in serious talks on deal: Sources

To cut costs and keep vehicle prices down, Stellantis makes buyout offers to US white-collar workers

Clippers trade Russell Westbrook to Jazz. He’s expected to join the Nuggets after a buyout

The French left faces a hostile media

Buyout barons plot their escape from Britain amid fear of tax crackdown

Stars, Flyers buy out Suter, Atkinson as NHL teams clear space for offseason moves

US company rejects Mexico’s criticism, buy-out offer, says president’s projects hurt the environment

Riverland wine growers united in rejecting contract buy-out amid industry uncertainty

Formula 1 owners Liberty Media close to MotoGP buy-out: Reports

JetBlue tells Spirit Airlines that it may terminate its $3.8 billion buyout offer challenged by US

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

JetBlue’s $3.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competition

Judge blocks JetBlue’s $3.8-billion buyout of Spirit Airlines, cites competition threat

Would you take cash to leave a rent-controlled apartment? Data show it happens often in L.A.

State GOP leaders furious with Florida Republican who refuses to leave office: report

NBA trade board 2023-24: The latest on Pascal Siakam, Zach LaVine and more top targets