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]
And Just Like That It’s Over
The Bidding War Is Over: China’s Anbang Insurance Drops Pursuit Of Starwood Hotels
By 4.1.16
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
By 12.30.15
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]
