Tag : business in us

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WeWork CEO Adam Neumann Expected to Step Down

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WeWork co-founder and Chief Executive Adam Neumann is expected to step down after the company’s much-anticipated initial public offering was derailed, capping a remarkably swift...
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WeWork Parent Expected to Postpone IPO

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WeWork’s parent is expected to postpone its initial public offering after investors questioned how much the company is worth and raised concerns about its corporate...
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Forever 21 Plans to File for Bankruptcy as Many Retailers Struggle

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Teen retailer Forever 21 Inc. plans to file for bankruptcy as soon as Sunday, according to people familiar with the matter, as slow sales, online...
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CBS and Viacom Strike Deal for Long-Thwarted Merger

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CBS Corp. and Viacom Inc. agreed to merge, a deal the media companies hope will put them on stronger footing to compete with larger rivals...
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AbbVie Strikes Deal to Buy Allergan for About $63 Billion

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Botox maker Allergan has a market capitalization of $42.47 billion, based on Monday’s close, according to FactSet. Photo: Richard Drew/Associated Press Updated June 25, 2019...
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Barnes & Noble Nearing Deal to Be Acquired by Elliott Management

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Barnes & Noble Inc. is nearing a deal to be bought by hedge fund Elliott Management Corp., according to people familiar with the matter, as...
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