The European Commission (EC) has opened an in-depth investigation into Amazon’s proposed acquisition of iRobot. The commission has identified initial competition concerns and will now investigate them in greater depth, the...
Merchant acquirer Merchant Lynx Services says it is expanding into new industries. To that end, the Florida-based company has purchased National Credit Card Processing Group (NCCP), according to a...
FIS is selling its majority stake in Worldpay to private equity group GTCR for $18.5 billion. The payments company announced the sale Thursday (July 6), days after reports that GTCR and Advent...
BuzzFeed is reportedly looking to sell Complex Networks for 50 cents on the dollar. The digital media organization purchased the group of websites for $300...
Bankrupt weight-loss company Jenny Craig is getting a new lease on life. As CNBC reported Wednesday (July 5), rival weight-loss meal firm Wellful has purchased Jenny Craig’s assets and will revive...
As consumers increasingly seek out quick, simple meal options in stores and online, Mars is getting into the space with its latest acquisition. On Wednesday...
Travel software firm Sabre has acquired Techsembley to boost its hospitality eCommerce offerings. The deal, announced Wednesday (July 5), comes as hotels and restaurants are increasingly turning to digital solutions to...
GTCR is reportedly in advanced discussions to purchase a majority of FIS’ merchant business. The offer by the Chicago-based private equity group would value the payments...
FIS is reportedly considering selling a majority stake in Worldpay to private equity groups. The deal, as reported Friday (June 30) by the Financial Times (FT), would worth...