Tivity Health will acquire Nutrisystem for a hefty sum of $1.4B
Tivity Health has agreed to buy weight loss and dieting company Nutrisystem for $1.4B.
BY Wes Schlagenhauf ON December 11, 2018
Brief
10.4k Verizon employees took the company’s ‘voluntary separation’ offer
Verizon offered 44k employees a “voluntary separation” buyout to make way for 5G, and more than 10.4k employees agreed.
BY Wes Schlagenhauf ON December 11, 2018
Blue Collar General: For low-income towns, dollar stores are a surprisingly bad deal
Dollar Stores are growing faster than ever -- but they’re a deceptively dangerous deal for the low-income communities they target.
BY Conor Grant ON December 11, 2018
On the eve of its IPO, Uber unveils a bold, brilliant new business: burrito bundling
Uber rolled out new advertising tools in its UberEats platform in advance of its imminent IPO.
BY Conor Grant ON December 11, 2018
Chinese investors cleat up to buy the owner of Louisville Slugger
Anta cleats up to buy the Finnish-based Amer Sports, a sporting goods conglomerate that owns classic American sports brands like Louisville Slugger, Wilson, and Salomon.
BY Wes Schlagenhauf ON December 10, 2018
Walmart purchases Art.com to add to its gallery wall of e-commerce acquisitions
Walmart acquired Art.com in an effort to build out its online offerings, continuing its strategy of widespread e-commerce acquisition.
BY Conor Grant ON December 10, 2018
Altria, the owner of Marlboro, takes a $2B drag of the weed biz
Tobacco giant, Altria, is investing $1.8B in Canadian cannabis company Cronos Group as the big-cig corp hopes to grow its stagnant revenue stream.
BY Wes Schlagenhauf ON December 10, 2018
A bitter pill: The day after the largest biotech IPO ever, Moderna’s stock fell more than 19%
After a historic IPO, biotech startup Moderna had a terrible first day of trading.
BY Conor Grant ON December 10, 2018
Lyft is on the road to an IPO, after filing with the SEC
Lyft filed for an IPO on Thursday, and beating Uber to the punch is more important to the No. 2 than one would think.
BY Wes Schlagenhauf ON December 7, 2018
The inventor of waterbeds joins the e-commerce mattress wars
The inventor of the waterbed is back with a new waterbed for the era of direct-to-consumer mattress sales.
BY Conor Grant ON December 7, 2018
Asian stock market takes a tumble after the arrest of Huawei CFO
Canadian officials arrested Huawei CFO Meng Wanzhou on Saturday for violating US trade controls on Iran. Now, Meng could face US extradition.
BY Wes Schlagenhauf ON December 7, 2018
Apple Watch now does ECG — but will an Apple a day really keep the doctor away?
The prognosis for Apple’s newest healthcare feature: controversy.
BY Conor Grant ON December 7, 2018
