The New York Times – Music:
The company’s shareholders on Thursday rejected a $440 million divestment plan and voted against maintaining its current structure.
Category: Mergers, Acquisitions and Divestitures
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From LSD to I.P.O.
The New York Times – Fashion & Style:
Once the symbol of the counter culture, lately the darlings of the fashion world, Birkenstock went public in New York.
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LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?
The New York Times – Fashion & Style:
With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.
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Tapestry and Capri Announce a Luxury Mega Merger
The New York Times – Fashion & Style:
The two fashion conglomerates, Tapestry and Capri Holdings, generate about $12 billion in combined revenue.
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PGA Tour Wanted Greg Norman Ousted as Part of Saudi Deal
The New York Times – Sports:
The American circuit’s efforts were made public in documents that Congress released on Tuesday.
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LIV Golf Resists Senate Request for Greg Norman’s Testimony on Saudi Deal
The New York Times – Sports:
Less than two weeks before a planned hearing about a transaction that could reshape golf, lawmakers are struggling to assemble a witness list.
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PGA Tour Board Meets To Discuss Merger With Saudi-Backed LIV Golf
The New York Times – Sports:
The 11-member board did not vote on the surprise pact, whose most significant details are still being negotiated.
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How the PGA Tour and Liv Golf Merger Could Collapse
The New York Times – Sports:
The tentative agreement has been the talk of golf, but there is no guarantee the pact that aims to bring the tour and LIV Golf under one umbrella will overcome every threat.
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Ryan Reynolds Invests in Alpine F1 Team
The New York Times – Sports:
The actor Ryan Reynolds, the private equity firm RedBird Capital and Otro Capital are among the investors taking a stake in Renault’s Alpine team.