Franchise News
Allergan Receives Subpoena from US DOJ, Part of Government's Probe in Generic Drug Pricing
William Ackman Builds $5.5 Billion Stake at Mondelez, Attempts to Push Company to Grow or Sell Itself
McDonald's to Lay Off 135 Workers in Oak Brook, 90 Workers Overseas, Part of Cost Cutting Move
McDonald’s Corporation will be cutting 135 jobs at its headquarters in Oak Brook, Illinois, and 90 more overseas, according to a report from Bloomberg.
Latest News
Disney Shares Drop 8 Percent Following Release Of Unfavorable 3rd Quarter Revenue Results
Shares of Walt Disney Co. dropped eight percent on Wednesday following the release of its unfavorable third-quarter results.
Tintri Raises $125 Million in Financing, Looking to Accelerate Global Growth
Tintri, Inc. has announced that it has raised $125 million in its latest funding round led by Silver Lake Kraftwerk, according to a press release issued by Tintri.
Adidas Acquires Runtastic, Enhances Offerings of Sportswear Tracker, Fitness Apps
The Adidas Group has just announced that it has acquired all the outstanding shares of the Runtastic GmbH at an enterprise value of €220 million or over $240 million, according to a press release issued by Adidas.
Netflix Offers Work Life Balance, Announces Unlimited Leave for Parents during First Year of Child Birth
Netflix has announced that they are offering unlimited paternity and maternity leave policy for their employees for one year, following the birth of their child or after adopting a child, according to a post in the Netflix blog.
GE Enters the Cloud Services Market, Announces Predix Cloud
General Electric (GE) has announced its plans to enter the cloud service market with its own cloud solution, called Predix Cloud, according to a press release issued by GE.
Motorola Solutions Announces Silver Lake $1 billion Investment, Will Use it to Accelerate Growth
Motorola Solutions, the leading global provider of innovative mission-critical communications solutions for public safety and commercial customers, has announced that Silver Lake will make a $1 billion investment to the company, according to a press release issued by Motorola Solutions.
RR Donnelley to Split into Three Independent Publicly Traded Companies, Expects Strategic and Financial Benefits
RR Donnelley Sons & Company has announced that it intends to create three independent, publicly traded companies, according to a press release issued by RR Donnelley.
Team Health to Acquire IPC Healthcare, Expand its Services, and Improve Offerings of Physicians
Team Health Holdings, Inc., a leading provider of outsourced physician staffing solutions for hospitals in the United States, announced that it has agreed to acquire IPC Healthcare, Inc. in an all cash transaction for about $1.6 billion, or $80.25 per share, according to the press release issued by Team Health.
Shire Proposes to Acquire Baxalta, Become a Global Biotech Company Focused on Rare Diseases
Shire Plc has announced that they have made a proposal to Baxalta, Inc. on July 10, 2015 for a possible merger in an “all-stock transaction,” according to the press release issued by Shire.
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