deals

NSFW content platform OnlyFans is seeking a tantalizing $8 billion price tag. Leonid Radvinsky‘s Fenix International, the UK-based parent company, is chatting with a consortium led by U.S. investment firm Forest Road Company. The group includes Disney and TikTok alum Kevin Mayer, because...

New On The Block Dental supply maker Patterson Companies Inc (NASDAQ:PDCO) announced Thursday that it is exploring strategic options, including a sale or merger, to boost shareholder value. The company disclosed the deal process as part of its second-quarter financial report. Updates From The Block...

New On The Block Starbucks (NASDAQ:SBUX) is looking to sell a stake in its Chinese operations. Same-store sales in China fell 14% last quarter, with the Seattle-based coffee retailer seeking partnerships to adapt to tough economic and competitive pressures. Bankruptcy Block Snack producer...

New On The Block Evolent Health Inc (NYSE:EVH) is reportedly up for sale. The Arlington, Virginia-based software provide initiated an auction process after receiving takeover inquiries. Among the potential suitors are TPG Inc (NASDAQ:TPG), Clayton, Dubilier & Rice, and KKR & Co. Inc. (NYSE:...

Bankruptcy Block Wellpath Holdings Inc., a major provider of healthcare services to jails across the U.S., is preparing to file for bankruptcy. Owned by H.I.G. Capital, the Nashville, Tenn.-based company has struggled with debt and labor costs. Despite efforts, including a forbearance agreement...

New On The Block Ari Emanuel‘s sports and entertainment conglomerate, Endeavor Group Holdings Inc (NYSE:EDR), is reviewing a potential sale of IMG tennis assets — including the Miami Open and Madrid Open tennis tournaments. Most of IMG’s other assets were included in a transaction...

Global mergers and acquisitions (M&A) activity has kept pace in the second quarter, with positive momentum set in the first three months of the year, according to a quarterly report from Willows Towers Watson (NASDAQ:WTW). Data from the Quarterly Deal Performance Monitor revealed that 166 deals...

Fast food giant McDonald’s Corp. (NYSE:MCD) appears to be preparing the launch of a $5 meal deal as a value proposition to cash-squeezed customers despite its recent price increases. What Happened: McDonald’s shares rose on Friday following a report from Bloomberg signaling the company...

Movie buffs in the U.S. could be in for a pleasant surprise if they plan to visit their favorite theaters on Sept. 3. What Happened: To commemorate the inaugural National Cinema Day that is observed on Sept. 3, more than 3,000 theaters with over 30,000 screens would provide discounted ticket...