Ferrero is set to acquire WK Kellogg Co for $3.1 billion, bringing Froot Loops and other cereals under its umbrella. This strategic move aims to expand Ferrero's North American presence and delight consumers with beloved brands.
Tesla's stock took a nosedive of 7.6% in premarket trading after Elon Musk unveiled plans for a new political party, igniting backlash from Donald Trump. Investors fret over Musk's focus amid rising competition and declining sales.
Starboard has acquired a more than 9% stake in Tripadvisor, signaling potential changes in the company's direction and strategies. What does this mean for the travel giant's future?
Nike announces that President Trump's tariffs may increase its costs by $1 billion this year, prompting the company to shift production away from China. Amidst fluctuating trade policies, what does this mean for sneaker prices?
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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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