Kraft is expected to undergo cost-cutting under the management of 3G Capital. John Cahill, CEO of Kraft, noted that the new management would drive a “much leaner organization.”
Apple may be in the market to buy Tesla, according to the rumor mill.
SAN FRANCISCO (CBS SF) — San Francisco-based ticketing service Ticketfly has acquired a fellow San Francisco company, the last-minute discount ticket selling application WillCall. Ticketfly has gradually burgeoned to become the second largest concert ticket seller in the […]
Priceline is buying online restaurant reservation company OpenTable for $2.6 billion. The deal should help Priceline, the online travel company, branch out into a new business segment.
Safeway says it has agreed to be acquired by an investment group led by Cerberus Capital Management, the owner of Albertsons and several other supermarket chains.
Facebook is buying mobile messaging service WhatsApp for up to $19 billion in cash and stock, by far the company’s largest acquisition.
Hewlett-Packard Co. said that a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business.
Google said authorities in China have approved its acquisition of Motorola Mobility. This brings the Internet search giant closer to completing its biggest deal ever.
Internet company Yahoo Inc. has agreed to buy online advertising network Interclick Inc. for $270 million in cash.