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Mergers and acquisitions

Kellanova stock climbs on reports of potential sale to M&M’s owner Mars

Kellanova stock climbs on reports of potential sale to M&M’s owner Mars

Signage for Kellanova (K) outside the New York Stock Exchange (NYSE) on September 05, 2023 in New York City. AP Shares of Kellanova climbed 13% in morning trading Monday on reports of buyout interest. M&M’s owner Mars is in talks to acquire the snacking company, CNBC’s David Faber reported, adding rival candy company Hershey is […]

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Google-parent Alphabet’s partnership with AI firm Anthropic under investigation in the UK

Google-parent Alphabet’s partnership with AI firm Anthropic under investigation in the UK

In this photo illustration, the Alphabet Inc. logo seen displayed on a smartphone screen and the Google logo in the background.  Jaque Silva | Lightrocket | Getty Images Britain’s competition regulator on Tuesday said that it is investigating to see if Google parent Alphabet’s partnership with artificial intelligence startup Anthropic has resulted in reduced competition.

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Activist Elliott reportedly has a significant stake in Starbucks, in talks with management

Activist Elliott reportedly has a significant stake in Starbucks, in talks with management

A Starbucks coffee shop in Amsterdam. Nicolas Economou | Nurphoto | Getty Images Elliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to find ways to improve the company’s share price, the Wall Street Journal reported Friday, citing people familiar with the matter. Representatives for Elliott declined to

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Darden Restaurants to acquire Chuy’s for approximately 5 million

Darden Restaurants to acquire Chuy’s for approximately $605 million

Igor Golovniov | Getty Images Darden Restaurants will acquire Chuy’s Holdings for approximately $605 million in cash, the companies announced jointly on Wednesday. Darden agreed to acquire all outstanding shares of Chuy’s at $37.50 per share, according to a press release. The Tex-Mex restaurant chain joins Darden’s portfolio that includes restaurants such as Olive Garden,

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