Comcast has officially announced a plan to spin off cable channels, including MSNBC, CNBC, USA, E!, and more into a new publicly traded company.
Read More Comcast Announces $7B Spin Off Of Cable Channels MSNBC, CNBC, USATag: acquisitions
Condé Nast Reaches Deal With Union, Averts Met Gala Strike
The Condé Nast union has reached a labor agreement with the publisher’s management just hours before the Met Gala.
Read More Condé Nast Reaches Deal With Union, Averts Met Gala StrikeUnilever to spin off ice cream business, cut 7,500 jobs for cost savings
Investors sent shares in Unilever, one of the world’s biggest consumer goods companies, up nearly 6% at one point.
Read More Unilever to spin off ice cream business, cut 7,500 jobs for cost savings