BLOOMINGTON, Minn.—NFL owners unanimously approved the sale of the Washington Commanders on Thursday from Dan Snyder to a group led by Josh Harris and including Magic Johnson for a record $6.05 billion, right before the league announced a $60 million fine for Snyder for improprieties corroborated by its investigation into workplace culture and business dealings….
Laurentian Bank Announces Strategic Review; Sale Possible
One of Canada’s oldest banks, the Laurentian Bank of Canada, has announced a strategic review and might be headed for a sale. In a news release sent out late on July 11, the bank said, “Laurentian Bank announced today that its board of directors and management team are conducting a review of strategic options to…
US Approves $8.5 Billion Sale of Chinook Helicopters to Germany
WASHINGTON—The Biden administration on Thursday approved an $8.5 billion sale of Chinook helicopters to NATO ally Germany. The approval comes as the war in Ukraine continues to tax the military stocks of Western countries but is not directly related to the conflict. The State Department said it had notified Congress that the United States would…
Simon & Schuster Again Up for Sale, Executives Confirm
NEW YORK—Simon & Schuster is again up for sale. Months after a federal judge halted Penguin Random House’s plan to purchase its longtime rival, Simon & Schuster’s CEO and parent company, Paramount Global, have confirmed that the publisher is back on the market, with a sale possible by the end of the year. “I can…
Manchester United Tanks on Report Glazers May Avoid Sale With New Investment
Shares of Manchester United PLC fell 13 percent on Monday after a report said the Glazer family was confident of securing an investment that would allow them to retain ownership of the British soccer club. The family also expects the investment to help them double the value of the club over the next 10 years,…
NFL Commanders Owner Dan Snyder Agrees to $6B Sale
A group led by Josh Harris and Mitchell Rales that includes Magic Johnson has an agreement in principle to buy the NFL’s Washington Commanders from longtime owner Dan Snyder for a North American professional sports team record $6 billion, according to a person with knowledge of the situation. The person spoke to The Associated Press…
NFL Commanders Owner Dan Snyder Agrees to $6 Billion Sale
A group led by Josh Harris and Mitchell Rales that includes Magic Johnson has an agreement in principle to buy the NFL’s Washington Commanders from longtime owner Dan Snyder for a North American professional sports team record $6 billion, according to a person with knowledge of the situation. The person spoke to The Associated Press…
US New-Vehicle Sales Expected to Rise in March on Strong Demand for Cars and Trucks
Sales of new vehicles in the United States are expected to go up in March, riding on pent-up demand for cars and trucks, a report from industry consultants J.D. Power-LMC Automotive showed on Thursday. Total new-vehicle sales for the month, including retail and non-retail transactions, are projected to reach 1.33 million units, a 6.2 percent…
Former Drug Firm Exec Sentenced to More Than 2 Years for Illegal Opioid Sales
NEW YORK—The former chief executive of Rochester Drug Co-operative was sentenced to more than two years in prison on Wednesday for conspiring to distribute opioids illegally, in the first criminal opioid trafficking case against a drug wholesaler and its executives. U.S. District Judge George Daniels sentenced Laurence Doud, 79, to 27 months at a hearing…
Businessman Buys ‘Salto de Castro’ an Abandoned Spanish Village for Just US$308,000
A 65,000-square-foot Spanish village that was left abandoned for more than three decades has been sold to a businessman for the sum of €300,000 (approx. US $308,000), a price that would secure little more than a one-bedroom apartment in Madrid, just three hours away. Salto de Castro is a village near the border with Portugal…
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