Tag Archives: acquisitions

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The Art of Cashing Out

Learn how to gracefully bow out of your business at the Entrepreneurs Summit

At the Black Enterprise Entrepreneurs Summit at the Loews Hotel, Miami, Florida experts will be…

By Safon Floyd

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Black-Owned Media Company Access 1 Communications Sells Nine Stations

Stations in Louisiana and Texas get new ownership

Alpha Media of Portland, Oregon, announced they have closed the purchase of Access 1 Communications…

By Janell Hazelwood

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$3.9 Billion Deal: Expedia Buying AirBnB Competitor HomeAway

Purchase is the largest-ever acquisition for the travel site

Expedia, the parent company to some of the world’s largest travel sites, is buying short-term…

By Janell Hazelwood

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capsules arranged in the form of a dollar sign

$17.2 Billion Buy: Walgreens in Deal to Acquire Rite Aid

Consumers may see less drug brand choices and more preventative products such as vitamins

Walgreens said Tuesday that it will buy rival Rite Aid in a $17.2 billion deal,…

By Janell Hazelwood

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$1.8 Billion Deal: BB&T Announces Plans to Buy National Penn

Bank on Black Enterprise corporate directors registry will expand mid-Atlantic presence

BB&T, a bank included on Black Enterprise’s 2014 black corporate director’s registry, will expand its…

By Janell Hazelwood

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[REACTIONS] Beauty Business Boss Moves: L’Oreal Acquires Carol’s Daughter

Consumers respond to news with mixed emotions, from cheers to disappointment

Beauty giant L’Oreal has acquired Carol’s Daughter, founded by Lisa Price, for an undisclosed amount,…

By Janell Hazelwood

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Image: BE Media Library

Hilton Worldwide Sells Waldorf Astoria to Chinese Insurer For $1.95 Billion

Iconic hotel will undergo immediate renovations

New York City’s iconic Waldorf Astoria has been sold by its company, Hilton Worldwide, to…

By Kevin L. Clark (@KevitoClark)

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The battle of virtual reality headsets is heating up as Oculus VR releases the second developer kit for its virtual reality headset, the Rift.

Oculus Buys Xbox 360 Controller’s Design Group

Facebook recently acquired the virtual reality firm for $2 billion

Oculus VR, the company behind the virtual reality Rift headset, has acquired Carbon Design, the…

By Patrick Austin

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Google Pays $555 Million For Home-Monitoring Startup Dropcam

Dropcam and Nest say they won't sell ads or share user data, but many are skeptical

Google’s Nest is shelling out over $500 million for security camera company Dropcam in order…

By Patrick Austin

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