Krispy Kreme Owner To Buy Panera Bread In $7.5 Billion Deal
The investment firm that owns Krispy Kreme, Caribou Coffee and other enterprises, is purchasing the Panera Bread Co. for $315 per share in cash - a premium of roughly 30 percent over its recent average trading price. The deal with JAB Holding Co. is valued at around $7.5 billion, Panera said Wednesday.
Fresh From IPO, Wix Acquires Israeli Startup Appixia To Bring Native Mobile Commerce Support To 42M Users
Wix emerged in 2006 as part of a new generation of startups on a mission to do for website creation what Blogger, WordPress and Tumblr have done for bloggers and content creators. Riding the increasing demand for easy-to-use, DIY website builders, Wix is now one of the largest platforms of its kind on the Web, along with Weebly and SquareSpace.
Wix Acquires DeviantArt Online Community For $36 Million
Quick Take Internet hosting services provider Wix.com (NASDAQ: WIX) has acquired creative community website DeviantArt for $36 million in cash and assumed liabilities. DeviantArt is considered to be the largest online artist community and represents an expansion of Wix's core focus into bringing its technological efficiencies and marketing capabilities to online communities.
Why Microsoft wants in on the marijuana business and why the DEA won't stop it | ZDNet
The last two months have been busy ones for the marijuana community. Most recently, the Drug Enforcement Administration (DEA) declined to loosen restrictions on medical marijuana, and kept the drug classified in the same 'Schedule 1' category as LSD and heroin.
Big Bets: Why Fashion Mergers & Acquisitions Are on the Rise
When it comes to high-powered dealmaking, 2017 may be the year that footwear-and-apparel companies raise the stakes. Digital competition and a rapidly evolving consumer landscape are sending fashion firms to the negotiating table at a quick pace, but experts say those same factors call for an unprecedented level of precision on the part of dealmakers this time around.
Apple acquires Workflow automation app, offers it free
Apple has acquired the Workflow automation app, which allows iOS users to trigger a sequence of tasks across apps with a single tap. A spokesman for Apple confirmed on Wednesday the company's acquisition of DeskConnect, the developer of the app, and the Workflow app, but did not provide further details.