Carl Ika sold half of his stake in Herbalife Nutrition Ltd. HLF 0.54% And Nutrition-Supplements is relinquishing its seats on the company’s board, and its long-held investment has strongly defended itself against the onslaught of rival activist investor William Ackman. Mr Ukah had sold about 600 600 million of the …
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MGM Resorts International MGM 1.03% British gaming company Antine ENT is seeking to buy -1.56% PLC, according to people familiar with the matter, in a recent move by the casino operator to double the red-hot amb online-gambling business. MGMA recently made an offer to buy the owner of the British …
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A hedge fund that has a large stake in Tribune Publishing Co. Tipico 0.31% According to people familiar with the matter, the Chicago Tribune and the New York Daily News are seeking to buy the newspaper chain behind the headlines. Alden Global Capital LLC, which is already the Tribune’s largest …
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German business software giant SAP SEA said it would return Qualitrix International Inc. to the public market, with at least 50% of the business value expected to be paid for the startup two years ago. Prova, Utah-based Qualitrix, in a regulatory filing on Monday, sets the initial price range between …
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The size of the text Getty Images by Charlie Tribune / AFP A sharp drop in shares of Alibaba Group on Thursday came on the heels of news that China is investigating e-commerce giant on issues of antitrust, whose shares have risen. Softbank Group, Japan-based holding company that is Alibaba’s …
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