And Just Like That It’s Over


Joe’s Crab Shack Backs Away From No-Tipping Policy

Six months after Joe’s Crab Shack became the first national full-service chain to test a no-tipping policy, the company is ditching the idea.  [More]


The Bidding War Is Over: China’s Anbang Insurance Drops Pursuit Of Starwood Hotels

Just three weeks after crashing Marriott’s party and throwing billions of dollars in the ring to take over Starwood Hotels — the operator of brands like Sheraton, St. Regis, Westin, and W — China’s Anbang Insurance Group packed up its bids and decided to go home, leaving Marriott and its $13.25 billion to be crowned the merger winner.  [More]


Icahn Reportedly Wins Pep Boys Bidding Battle For $1B; Bridgestone Leaves Race

And just like that, it appears the auto parts retailer love triangle has ended: Bridgestone, the one-time preferred suitor of Pep Boy, reportedly bowed out of the months-long bidding war with Icahn Enterprises.  [More]