Blog Archives

In Selling Current to Al Jazeera, Al Gore Reportedly Gets Paid $100 Million

Filed under: Media, Mergers & AcquisitionsAl Gore has already won a Nobel Peace Prize, an Academy Award and a presidential popular vote. Now, by losing his foundering progressive media outlet, Current TV — sold to Qatari broadcaster Al Jazeera in …

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Starbucks Pays a Steep Price to Buy Teavana

Filed under: Earnings, Starbucks, Market News, Mergers & AcquisitionsStarbucks (SBUX) has read the tea leaves, and what it saw was more exposure to the booming tea market.

The baron of baristas announced on Wednesday afternoon that it will pay $62…

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Popular Mattress Makers Tempur-Pedic and Sealy Get in Bed Together

Filed under: Market News, Mergers & AcquisitionsThere’s some serious consolidation taking place in the bedding industry.

Tempur-Pedic (TPX) announced on Thursday that it will be acquiring rival Sealy (ZZ) by cashing out shareholders to the tune of…

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What Do AMC, Huffy, Hoover, and Your Stock Picks Have In Common?

Filed under: Investing, Market News, Mergers & Acquisitions

If you were shopping for a bicycle, and if money were no object, would you buy a Trek … or a Huffy?

Now, say you’re shopping for a new luxury car. Think fast: BMW or Saab?

How a…

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Why Warren Buffett Just Hit the Eject Button on Consumer Stocks

Filed under: Investing, Berkshire Hathaway
On Sept. 16, 2009, Warren Buffett declared the Great Recession officially over. But is it still over?

In an interview on CNBC back then, the world’s most famous super-investor argued that because the economy …

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