Asset sales

An issue of Sports Illustrated is displayed on a newsstand, Tuesday, May 28, 2019 in New York. Authentic Brands Group, which manages retail names like Juicy Couture and Nautica, is buying the sports magazine for $110 million. (AP Photo/Mark Lennihan)
May 28, 2019 - 1:50 pm
NEW YORK (AP) — Sports Illustrated magazine has been sold for $110 million to a company that specializes in managing fashion, entertainment and sports brands, including marketing rights to Shaquille O'Neal and Muhammad Ali. The seller, Meredith Corp., will continue running the print edition and the...
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FILE - In this Tuesday, Feb. 26, 2019 file photo, a man holds the new Huawei Mate X foldable 5G smartphone during the Mobile World Congress wireless show, in Barcelona, Spain. Two British mobile phone companies, EE and Vodafone, said Wednesday May 22, 2019, they are putting on hold plans to sell new 5G mobile phones from China's Huawei. (AP Photo/Manu Fernandez, File)
May 22, 2019 - 11:21 am
LONDON (AP) — British and Japanese mobile phone companies said Wednesday they're putting on hold plans to sell new devices from Huawei, in the latest fallout from U.S. tech restrictions aimed at the Chinese company. Britain's EE and Vodafone and Japan's KDDI and Y! Mobile said they are pausing the...
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FILE - This Feb. 28, 2017, file photo shows Indian Point Energy Center in Buchanan, N.Y. A deal announced April 16, 2019, would close the two reactors at Indian Point within two years. (AP Photo/Seth Wenig, File)
May 21, 2019 - 4:38 pm
PLYMOUTH, Mass. (AP) — Companies specializing in the handling of radioactive material are buying retired U.S. nuclear reactors from utilities and promising to clean them up and demolish them in dramatically less time than usual — eight years instead of 60, in some cases. Turning nuclear plants over...
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FILE - This June 27, 2015, file photo, shows the Hulu logo on a window at the Milk Studios space in New York. Disney has struck a deal with Comcast that gives it full control of streaming service Hulu. The companies said Tuesday, May 14, 2019, that as early as January 2024 Comcast can require Disney to buy NBCUniversal’s 33% interest in Hulu and Disney can require NBCUniversal to sell that stake to Disney for its fair market value at that future time. (AP Photo/Dan Goodman, File)
May 14, 2019 - 3:13 pm
NEW YORK (AP) — Disney is taking full control of Hulu from Comcast, as both companies prepare to launch their own streaming services in response to declining audiences for traditional TV. The companies said Tuesday that Comcast, which owns a third of Hulu, can sell its stake to Disney starting in...
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Ohio Gov. Mike DeWine speaks on the cellphone with GM CEO Mary Barra, Wednesday, May 8, 2019, at the Ohio Statehouse in Columbus, about the company's plans to sell its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. DeWine, a Republican, said he wanted to hear more details about the plan, including the reaction of the UAW, but said the potential project was better than the plant sitting idle. (AP Photo/Andrew Welsh-Huggins)
May 08, 2019 - 1:36 pm
DETROIT (AP) — General Motors is negotiating the sale of its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. The company confirmed Wednesday that it's in talks with Cincinnati-based Workhorse Group to sell the huge facility, and also announced plans to invest $700...
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May 02, 2019 - 9:09 am
LONDON (AP) — Canadian aerospace company Bombardier says it will sell businesses in Northern Ireland and Morocco as part of a broad restructuring. The company said Thursday it will consolidate its aerospace operations into one unit. As a result, it will focus its business on manufacturing plane...
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April 16, 2019 - 7:25 pm
NEW YORK (AP) — The Martha Stewart brand is getting a new home. Sequential Brands Group, which bought the Martha Stewart brand nearly four years ago for about $353 million, said Tuesday that it is selling it to Marquee Brands for about $175 million. As part of the deal, Marquee will also acquire...
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April 15, 2019 - 6:31 pm
NEW YORK (AP) — AT&T has sold its 9.5% share in Hulu back to the streaming TV company, leaving Disney and Comcast as its owners. Hulu said Monday that AT&T sold its stake for $1.43 billion, valuing the unprofitable Hulu at $15 billion. The Walt Disney Co. wound up with a 60% share after its...
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March 27, 2019 - 3:31 pm
BERLIN (AP) — German rail company Deutsche Bahn says it is examining the sale of its Britain-based subsidiary Arriva. Deutsche Bahn said in a statement Wednesday that its supervisory board has asked management to pursue "various options" for a sale. Arriva had a turnover of 5.44 billion euros ($6...
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Speaker of the House Nancy Pelosi, D-Calif., joined at left by Energy and Commerce Committee Chair Frank Pallone, D-N.J., speaks at an event to announce legislation to lower health care costs and protect people with pre-existing medical conditions, at the Capitol in Washington, Tuesday, March 26, 2019. The Democratic action comes after the Trump administration told a federal appeals court that the entire Affordable Care Act, known as "Obamacare," should be struck down as unconstitutional. (AP Photo/J. Scott Applewhite)
March 27, 2019 - 2:13 pm
Centene is spending more than $15 billion on rival WellCare to dive deeper into government-funded health coverage in the same week that President Donald Trump's administration renewed its attack on the Affordable Care Act. The insurer said Wednesday that its cash-and-stock deal to buy WellCare will...
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