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The Wyndham Desert Blue hotel in Las Vegas, Nevada, US, on Monday, July 24, 2023. Wyndham Hotels & Resorts Inc. is scheduled to release earnings figures on July 26. Photographer: Bridget Bennett/Bloomberg

Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels

Choice CEO Pat Pacious sought to restart negotiations in a Nov. 14 letter.

10 hours ago

3 min read

FILE PHOTO: FILE PHOTO: Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo/File Photo

Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica

The possible deal is one of at least two multibillion-dollar acquisitions the buyout giant is pursuing in Europe.

15 hours ago

2 min read

Mauricio Gutierrez, president and CEO of NRG Energy, listens to a question while onstage during the CERAWeek energy conference in Houston, Texas, U.S., March 9, 2023.  REUTERS/Callaghan O'Hare

NRG Energy CEO Exits Amid Board Shakeup

NRG Energy replaced its chief executive and adding new members to the board after a push for new leadership by activist investor Elliott Investment Management.

November 20, 2023

2 min read

FILE - Crowds fill Main Street USA in front of Cinderella Castle at the Magic Kingdom on the 50th anniversary of Walt Disney World, in Lake Buena Vista, Fla., on Oct. 1, 2021. Facing backlash, Walt Disney World’s governing district will pay a stipend to employees whose free passes and discounts to the theme park resort were eliminated under a policy made by a new district administrator and board members who are allies of Florida Gov. Ron DeSantis. (Joe Burbank/Orlando Sentinel via AP, File)

Activist ValueAct Builds Stake in Disney

The investor bought shares over the summer, when Disney stock was languishing around $80 a share.

November 15, 2023

3 min read

Michael Klein, former vice-chairman of Citigroup Inc., speaks at a session on innovation during the National Summit in Detroit, Michigan, U.S., on Wednesday June 17, 2009. The summit is hosted by the Detroit Economic Club. Photographer: Andrew Harrer/Bloomberg News

CAA and Michael Klein Launch Sports and Media Investment Bank

CAA Evolution aims to compete with the likes of LionTree and the Raine Group.

November 13, 2023

2 min read

A Descendant of Freed Slaves, Financier Pursues Family’s $900 Million Oil Claim

20 hours ago

8 min read

Airlines
Sam Altman to Return as OpenAI CEO

Sam Altman to Return as OpenAI CEO

1 hour ago

2 min read