Asset Sales news and trends

eBay Nearing A Settlement With Activist Investors Elliott Management, Starboard
eCommerce // February 27, 2019

eBay is close to reaching a settlement with Elliott Management and Starboard, the two activist investors that have been calling for change at the online auctioneer. According to a report in The Wall Street Journal citing people familiar with the matter, the settlement being finalized would result...

Amazon Makes Bid For Disney’s 22 Sports Networks
Amazon // November 20, 2018

Amazon, the eCommerce giant, is reportedly making a bid for all of the 22 regional sports networks that Disney purchased as part of its Twenty-First Century Fox deal. CNBC, citing sources familiar with the matter, reported Amazon is teaming up with an unknown sovereign wealth...

Kroger Sells Convenience Stores For $2.15B
Partnerships / Acquisitions // February 06, 2018

Kroger, the supermarket operator, announced a deal to sell its convenience store business to EG Group, the U.K.-based convenience store retailer. In a press release, Kroger said it is selling the unit for $2.15 billion, with the deal expected to close in the first quarter...

Google Looking To Put Zagat On The Block
Google // January 04, 2018

Zagat, the restaurant review guide owned by Alphabet’s Google, could be put up for sale, according to CNBC reports published Wednesday (Jan. 3). Google has held informal talks with several companies over the past few months about selling Zagat. The search engine giant paid $151 million for...

Interviews & Exclusives
EBay’s CEO Resignation A Pyrrhic Activist Victory?

September 26, 2019
In the “week of the CEO resignation,” eBay’s Devin Wenig is out, amid clashes with activist investors and the board. Amid slowing sales and rougher competition from Amazon and others, will the ouster be a boon or bust for the eCommerce giant?

Quick Reads
eBay Nearing A Settlement With Activist Investors Elliott Management, Starboard

February 27, 2019
eBay is close to reaching a settlement with Elliott Management and Starboard, the two activist investors that have been calling for change at the online auctioneer. According to a report in The Wall Street Journal citing people familiar with the matter, the settlement being finalized would result in Elliott Management and Starboard getting board seats and could […]

Amazon Makes Bid For Disney’s 22 Sports Networks

November 20, 2018
Amazon, the eCommerce giant, is reportedly making a bid for all of the 22 regional sports networks that Disney purchased as part of its Twenty-First Century Fox deal. CNBC, citing...

Kroger Sells Convenience Stores For $2.15B

February 06, 2018
Kroger, the supermarket operator, announced a deal to sell its convenience store business to EG Group, the U.K.-based convenience store retailer. In a press release, Kroger said it is selling...

Google Looking To Put Zagat On The Block

January 04, 2018
Zagat, the restaurant review guide owned by Alphabet’s Google, could be put up for sale, according to CNBC reports published Wednesday (Jan. 3). Google has held informal talks with several companies over...