September 04, 2024 Nordstrom’s founding family offers to buy the chain for $23 per share The latest offer, made along with a Mexico-based retailer, is a sharp drop from the $50 per share bid from Nordstrom’s founding family in 2018. BY Reuters Nordstrom‘s founding family has offered to take the department store chain private for $23 … Continue reading Nordstrom’s founding family offers to buy the chain for $23 per share
Canva’s recent acquisitions aim to boost its profile as an all-in-one creative hub for businesses and individuals. Chris Wood on July 30, 2024 Canva acquired generative AI content and research startup Leonardo.AI for an undisclosed sum. The Australia-based Leonardo.AI launched less than two years ago and boasts 19 million registered users. Its image- … Continue reading Canva acquires genAI startup Leonardo.AI
Looking for a sign that influencer marketing has truly arrived? Platforms that connect marketers with influencers are a hot commodity. Mike Pastore on July 26, 2024 A pair of influencer marketing platforms were acquired by agencies this week, in a sign the advertising industry sees a future in influencer-led strategies that’s bright enough to … Continue reading Acquisitions signal agencies are betting on influencer marketing
Content experience platform Uberflip becomes part of PathFactory’s B2B content offering. Kim Davis on July 15, 2024 PathFactory today acquired the well-known content experience platform Uberflip in a stock-for-stock transaction. PathFactory is a Canada-based content intelligence platform serving B2B go-to-market teams by building AI-powered content journeys based on real-time analysis of prospect behavior. Co-founded … Continue reading Uberflip acquired by PathFactory
The acquisition aims to help CDP customers capture more first-party data using interactive experiences built through Jebbit’s creator interface. Chris Wood on July 10, 2024 Today, CDP BlueConic announced it acquired Jebbit, a software company that helps build interactive experiences that marketers can use to capture a type of first-party data widely referred to … Continue reading BlueConic acquires experience-creation company Jebbit
On, on again and now off. Alphabet and HubSpot are not doing a deal. Sources say. Kim Davis on July 10, 2024 Sources have told Bloomberg that Alphabet’s potential deal to acquire HubSpot has been shelved. “Parties didn’t get to due-diligence stage in deal talks,” said the report. Early rumors about the talks seemed … Continue reading Alphabet’s acquisition of HubSpot isn’t happening
July 08, 2024 Now that Paramount has found a buyer, what’s next? Skydance’s David Ellison and Jeff Shell hint at some of their plans for the company, including $2 billion in potential cuts. BY Chris Morris The long–running saga of Paramount’s sale is finally at an end, but the real work might just be beginning. On … Continue reading Now that Paramount has found a buyer, what’s next?
July 03, 2024 Skydance-Paramount merger is reportedly back on after Barry Diller expresses interest The deal is said to require approval by a special committee of Paramount’s board of directors. BY Chris Morris Roughly 50 years ago, Barry Diller was head of Paramount Pictures. A little more than 30 years ago, he tried to purchase the … Continue reading Skydance-Paramount merger is reportedly back on, after Barry Diller expresses interest
June 26, 2024 After oil megamergers, $27 billion of asset sales remain with a lack of ready buyers There are fewer institutional and European oil buyers interested and a lack of ready cash to finance these deals. BY Reuters U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets … Continue reading After oil megamergers, $27 billion of asset sales remain with a lack of ready buyers
June 11, 2024 After months of talks, Paramount and Skydance merger falls apart Just about a week after reports spread of a final Paramount Skydance merger, Shari Redstone ends acquisition talks. BY Chris Morris A little over a week after reports surfaced that Paramount Global and Skydance had finally agreed to terms of a merger, that … Continue reading After months of talks, Paramount and Skydance merger falls apart
