Remember that brief, weird moment a few years back when your Facebook feed was suddenly full of just-ironic-enough comic strip versions of your friends? Well, now you’ll probably see that all over Snapchat, as the messaging app reportedly agreed to pay $100 million to acquire Bitstrips. [More]
Acquisition
Marriott Beefs Up Bid, Buys Starwood Hotels For $13.6 Billion
By 3.21.16
Momentum in the tug-of-war over Starwood Hotels — home to brands like Sheraton, St. Regis, Westin, and W — has shifted once again. Only days after China’s Anbang Insurance appeared destined to win with its “superior proposal,” Marriott managed to dig deep with the help of a few billion additional dollars.
Staples, Office Depot: FTC’s Opposition To Billion-Dollar Merger Is “Flawed,” “Wrong”
By 3.18.16
Three months after federal regulators filed a lawsuit to stop the nightmare dream formation of the $6.3 billion StaplesMaxDepot Voltron , the CEOs of the mega-office supply chains are fed up, and they’re taking that frustration to the customers by airing their true thoughts on the Federal Trade Commission’s attempt to stop the deal. [More]
Kickstarter Buys Music Community Service Drip
By 3.17.16
After years of providing a platform for people to help fund everything from homemade hot sauces to feature films, Kickstarter itself has made its first big investment, acquiring streaming service Drip.
[More]
Verizon Expands Fiberoptic Reach With $1.8B Purchase Of XO Communications’ Network
By 2.22.16
Verizon’s mission to have the fastest wireless technology among wireless and communication providers got a $1.8 billion boost Monday when the company announced plans to lease spectrum from and acquire XO Communications’ fiberoptic network. [More]
Anheuser-Busch Buys Breckenridge Brewery, Third Craft Brewer In One Week
By 12.22.15
As if the pending $107 billion merger with SABMiller wasn’t enough of a portfolio boost for Anheuser-Busch InBev, the beer giant has purchased not one, but three craft brewers in the last week. The company’s most recent holiday gift for itself is Breckenridge Brewing of Colorado. [More]
Maker Of Sharpie To Buy Maker Of Crock-Pot For $13B, Creating A Consumer Product Smorgasbord
By 12.14.15
All of those storage containers, Sharpies, coolers, and crockpots you have dotting the insides of cupboards now have a lot more in common than one might think: Newell Rubbermaid, the company behind Sharpie and Rubbermaid storage products Jarden, the company behind the Coleman and Crock-Pot brands, for $13.2 billion. [More]
Keurig Green Mountain Selling Itself For $13.9B To Private-Equity Company
By 12.7.15
If you thought that cup of coffee you picked up on the way to work this morning cost a pretty penny, then can you imagine how the much one of the biggest names in the coffee biz would go for? Well, if you guessed $13.9 billion, then you should probably go buy a lottery ticket, as that’s how much Keurig plans to sell itself for. [More]
Expedia To Buy Vacation Rental Site HomeAway For $3.9B
By 11.5.15
Just two months after Expedia completed its last big purchase, the travel-booking enterprise has hit the market again, offering $3.9 billion to buy vacation rental company HomeAway. [More]
Bridgestone Buys Pep Boys Auto Service Retail Operations For $835M
By 10.26.15
Have we seen the last of Moe, Manny, and Jack – you know, the faces of the Pep Boys auto parts brand? It’s possible as the retail chain has agreed to be acquired by tire giant Bridgestone for $835 million. [More]
TV Retail Meets Online Flash Sales In QVC Parent Company’s $2.4B Purchase Of Zulily
By 8.17.15
In what appears to be a match made in retail heaven, the owner of QVC plans to purchase growing flash sale business Zulily for about $2.4 billion. [More]
Verizon Completes $4.4B Acquisition Of AOL
By 6.23.15
It’s not often you hear about a shotgun wedding between two tech companies, but that’s apparently what happened for Verizon and AOL, as the recently betrothed said today that they had officially completed a $4.4 billion acquisition proposed just a month ago. [More]
Twitter Reportedly Looking To Buy Article-Curating App Flipboard For $1B
By 5.26.15
If you’re one of the largest social media networks in the world and happen to have $1 billion burning a hole in your pocket, what do you do? If you’re Twitter, you apparently start talks to buy article-sharing app Flipboard. [More]
CVS Buys Nursing Home Pharmacy Chain, Drug Provider OmniCare For $12.7B
By 5.21.15
CVS plans to spend $12.7 billion to buy pharmacy-service provider Omnicare Inc. in order to gain a larger foothold in the quickly expanding long-term care industry and specialty pharmacy market. [More]
LinkedIn Jumping Into The Education Business (Kind Of) With $1.5B Purchase Of Lynda.com
By 4.9.15
Human resources and professional networking site LinkedIn appears to be broadening its horizons by way of a little education. The company announced today that it struck a deal to buy online career-skills education company lynda.com for about $1.5 billion. [More]
Amazon Reportedly In Talks To Purchase Luxury Online Retailer Net-A-Porter
By 3.27.15
Amazon appears to be on the cusp of its largest purchase ever with the potential purchase of luxury online retailer Net-a-Porter. [More]
Maker of Oreos, Ritz Crackers Expands Into Allergen-Free Snacks With Purchase Of Enjoy Life Foods
By 2.17.15
Mondelez International, the company behind Oreo, Wheat Thins, Honey Maid and hundreds of other brands is adding more than 40 allergen-free snacks to its long roster of treats with the purchase of “free from” company, Enjoy Life Foods. [More]
Hershey Getting Into Meat Snack Business With Purchase Of Jerky Maker Krave, Because Meat
By 1.29.15
Things that go together in this world: peanut butter and jelly. Fish and chips. Coffee and donuts! Things that do not: sweet, creamy, delicious chocolate treats and… meat. But that last combination is about to become a reality with Hershey Chocolate Company’s purchase of meat snack producer Krave Pure Foods Inc. [More]
