acquisiton
Latest
Amazon completes its $8.45 billion takeover of MGM
The James Bond movies, 'RoboCop' and 'The Wizard of Oz' now belong to Amazon.
EA moves closer to $1.2 billion Codemasters purchase
Shareholders of the racing game studio approved the deal.
Blockchain company Tron buys BitTorrent
A blockchain startup called Tron has closed its deal to buy the file-sharing service BitTorrent. Neither side disclosed how much Tron paid, but TechCrunch reports the price was around $126 million in cash. BitTorrent's staff will work out of Tron's San Francisco office.
Google buys design firm behind OLPC and Slingbox
Man, Google's checkbook is really getting a workout this summer. According to a report from Bloomberg, the search giant just acquired yet another company, and unlike the other two companies it bought this month, it isn't an mobile app startup No, no: its latest target is a small product design firm called Gecko, and Google's looking to bring those design smarts to bear on its ambitious Google X projects.
Best Buy founder ever closer to finalizing company buyout bid
Best Buy founder Richard Schulze may have stepped down as chairman of the board, but he's certainly not out. His plan to buy the turbulent company has reached the next step -- an agreement which pre-empts the formal offer. Schulze now has access to all the private numbers he'll need to put together an investor group within the 60-day timeframe. And, if this round is unsuccessful, it'll be next January before another bid can go to the Board of Directors, followed by direct shareholder offers if the second attempt fails. Given that Schulze owns 20 percent of Best Buy, he gets two seats-worth of voting power as long as he sticks to the agreed process. So, with a new CEO taking the reigns in September and the acquisition machinery in top gear, is there fresh hope for the big box retailer?
