Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Hey, Delaware, it’s a fine morning for a big headline: #DowDuPont is trending. Heads are spinning about what the mega-merger between Dow Chemical and DuPont means for the First State, but first, the facts: The new company’s name is DowDuPont. The merger will cost about $3 billion, but is projected to create about $30 billion of…
Image: Mashable composite Flickr, bsabarnowl; 67825670@N07 By The Associated Press2015-12-07 15:44:13 UTC NEW YORK — Keurig, the maker of single-cup coffee machine maker, said Monday that it has agreed to be sold to private equity firm JAB Holding Co. for about $14 billion. The amount is a whopping 78% premium over Keurig’s stock price —…
As the old saying kind of goes, reports of the impending demise of CEO Marissa Mayer at Yahoo are greatly exaggerated. And so are rumors that the board of the Silicon Valley Internet giant is poised to sell off the entire core business. Consider the Wall Street Journal’s reporting last night that there is some…
The fate of troubled Internet portal Yahoo Inc. may be decided in a marathon series of board meetings this week. Yahoo’s board plans to weigh a potential sale of the company’s core business during a series of meetings beginning Wednesday and continuing through Friday, people familiar with the matter said. The board is expected to…
Condé Nast, the publisher that owns magazines like Vogue and Vanity Fair, said on Tuesday that it had acquired Pitchfork Media, the company behind the independent music website and quarterly magazine, for an undisclosed sum. Pitchfork, founded in 1995, has long been one of music’s independent voices, known for unearthing up-and-coming artists, and for its…
Flickr/Michael Goodin The number of private tech companies valued at $1 billion or more has surged so much this year that on average 1.3 so-called unicorn companies have been created every week in 2015, according to data from CB Insights. But now it looks like winter is coming to Silicon Valley. Fortune’s Dan Primack went to…
Photo Arianna Huffington, editor of The Huffington Post, reportedly has said she is not sure her ambitious plans for the site can be executed under Verizon. Credit Andrew Burton/Getty Images Over the last couple of years, an array of media companies, venture capitalists and wealthy individuals have quietly explored buying a stake in The Huffington…
Charter Communications is buying Time Warner Cable for $55.1 billion and Bright House Networks for $10.4 billion, in a major consolidation of the US cable industry. Here are the details: If the deals are approved by regulators, they would combine the second- (TWC), fourth- (Charter), and tenth-largest (Bright House) cable companies in the US, with a combined 23 million customers….