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Walgreens to be taken private by Sycamore Partners in $10B deal

The Walgreens Boots Alliance will keep Sycamore Partners private for $10 billion, the buyout company said Thursday, closing almost a century of deals in the open market of the US pharmacy giant. Sycamore paid $11.45 per share, with a premium of $10.60 on Thursday at 8%. The company's shares rose nearly 6% in expanded transactions. […]

Walgreens to go private in $10B deal

Please see what you are clicking on foxbusiness.com. Drugstore chain Walgreens Boots Alliance announced it will be private on Thursday. The struggling company has signed a deal with Sycamore Partners, a private equity company worth $10 billion. Sycamore paid $11.45 per share, with a premium of $10.60 on Thursday at 8%. The company's shares rose […]

Trump’s reciprocal tariffs and the art of the bad deal

President Trump claims to be a tariff man and a destroyer of the chief. His tariff plans combine these two titles, and when he unleashes a new “”, they accelerate into high gear.Mutual Tariffs” Plan. It is designed to fully expand and raise tariffs while maximizing your ability to play your favorites in Trump's trade […]

Trump says he'll delay tariffs on Mexican products covered by free trade deal

President Trump said Thursday he was delaying tariffs for about a month on Mexican imports, which are subject to the North American trade agreement signed during his first term. Trump Posted on Truth Social Items that fall under the US-Mexico-Canada Agreement (USMCA) will be exempt from the 25% tariffs imposed on imports from Mexico and […]

Amex GBT-CWT deal approved by CMA – Business Travel News Europe

The UK's Competitive and Markets Bureau today cleared the $570 million acquisition of CWT's CWT, but the merged still faces regulatory hurdles in the US following the antitrust law raised by the Department of Justice (DOJ). According to a statement issued by the CMA, “The group concludes that CWT is a significantly weaker competitor than […]

WNBA champion Liberty get new TV deal with Fox 5

With the WNBA season just a little over two months, Liberty signed a deal with WNYW Fox 5 New York and remained the official TV partner of the WNBA champions. The multi-year partnership expansion, released in a statement Thursday morning, guarantees continued access to more than 7.5 million households in the three states. Liberty made […]

Rory McIlroy offers blunt yet pessimistic outlook on pending PGA Tour, LIV Golf deal

The tide appears to be changing – again. Three weeks ago at Torrey Pines' Genesis Invitational, PGA Tour Commissioners Jay Monahan and Tiger Woods expressed optimism about negotiating the tour with Liv Golf beneficiary, the Saudi Public Investment Fund (PIF). They said it felt like the deal was imminent and the golf world seemed to […]