by Admin | Jun 30, 2017 | Companies, News
In a deal that values office supply company Staples at $6.9 billion—a fraction of the $19 billion it was worth seven years ago—Sycamore Partners is coming in to rescue the distressed retailer. Another victim of the growing trend for buying online, Staples has been...
by Admin | Jun 19, 2017 | Companies, News
On June 15, Amazon announced that it was buying upscale grocery chain Whole Foods for $13.7 billion, or $42 per share. The news shook up the markets, with Whole Foods’ stock rising almost 27 percent in Friday-morning trading. Whole Foods’ grocery rivals’ stock took a...