Private equity firm Roark Capital has acquired a majority stake in Dave's Hot Chicken, valuing the chain at nearly $1 billion. With plans to expand to 4,000 locations, the spicy chicken chain is set for explosive growth in the competitive fast food market.
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In a groundbreaking move for the cable industry, Charter Communications has announced a $34.5 billion merger with Cox Communications, reshaping the landscape of American telecommunications. The combined company will operate under the Cox Communications name, with significant leadership changes and a focus on expanding their market presence.
In a surprising turn of events, UnitedHealth Group announces a new CEO as Andrew Witty steps down. Stephen Hemsley returns to lead amid stock market challenges and ongoing scrutiny over corporate practices.
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In a major move, 3G Capital has announced its acquisition of Skechers USA Inc. for a staggering $9.4 billion. Set to close in Q3 2025, this deal, financed by cash and debt from JPMorgan Chase, could reshape the footwear landscape.
