Tag: Mergers and acquisitions
Bitsight buys dark web security specialist Cybersixgill for $115M
More consolidation is afoot in the world of cybersecurity. Bitsight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took...
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
NEW YORK -- Fashion company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't expect...
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger...
The Biden administration is launching an investigation of competition in air travel
WASHINGTON -- The Biden administration said Thursday it is launching a broad investigation into the state of competition in air travel, including the...
How the tiny Caribbean island of Anguilla has turned the AI boom into a digital gold mine
The artificial intelligence boom has benefited chatbot makers, computer scientists and Nvidia investors. It's also providing an unusual windfall for Anguilla, a tiny...
PepsiCo lowers revenue forecast on weakening demand in the US
PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks.The company,...