In a surprising move, Soho House & Co. is set to be taken private in a $2.7 billion deal led by hotel owner MCR. The agreement offers shareholders a significant premium, highlighting investor confidence amid challenges since its IPO.
Soho House announces a $9 per share buyout, causing shares to soar over 15%. With Ashton Kutcher joining the board and a new CFO, questions arise about the future of this exclusive club amidst industry challenges.
In a startling earnings call, Elon Musk warns investors of a challenging transition for Tesla, citing revenue declines and shifting regulations. As the company navigates through these turbulent times, Musk hints at potential recovery by next year. Learn about the key takeaways and what the future holds for Tesla!
Ubisoft's CEO Yves Guillemot faced tough questions about the Stop Killing Games petition, which aims to regulate the discontinuation of video games. The discussion highlights ongoing issues of game accessibility and preservation in the gaming industry.
Chevron has successfully acquired Hess Corporation, creating a premier integrated oil & gas company with a strong portfolio in critical energy markets. This strategic move promises significant cash flow growth and enhanced shareholder value.
Apple is experiencing a significant leadership shift as COO Jeff Williams announces retirement and key AI executives depart. With stock down and competition rising, questions about Apple's innovation and future in AI emerge.
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?
Barington Capital is demanding a complete board overhaul at Victoria's Secret, citing significant shareholder losses and a need for revitalization. The hedge fund believes the company's beauty division holds great potential and seeks to end its current defensive strategies.
Toyota's recent offer to buy back shares at a surprising price has raised eyebrows in the investment community. With a focus on corporate governance and potential acquisitions, what does this mean for shareholders?
Paramount Global has scheduled its annual shareholder meeting for July 2, signaling potential delays in its $8 billion merger with Skydance Media. With regulatory hurdles and a lawsuit from Donald Trump, the merger's future remains uncertain.