Asset sales

In this Thursday, April 11, 2019 photo, copies of The Berkshire Eagle newspaper are placed in a machine before being bundled for distribution, in Pittsfield, Mass. The paper now features a new 12-page lifestyle section for Sunday editions, a reconstituted editorial board, a new monthly magazine, and the newspaper print edition is wider. That level of expansion is stunning in an era where U.S. newspaper newsroom employment has shrunk by nearly half over the past 15 years. (AP Photo/Steven Senne)
June 18, 2019 - 9:06 pm
PITTSFIELD, Mass. (AP) — The Berkshire Eagle has an expanded investigative team. There's a new 12-page lifestyle section for the Eagle's Sunday editions. There's a new monthly magazine focusing on the area's culinary and natural charms. There is an advisory board that includes cellist Yo-Yo Ma and...
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In this photo taken Nov. 2, 2018, is the home of The Bakersfield Californian Media Company in Bakersfield, Calif. After 122 years of family ownership, the Bakersfield Californian has been sold to a Canadian publisher, the newspaper announced. The Harrell-Fritts family said in a message to readers on Sunday, June 2, 2019, that Sound News Media, a new company run by publisher Steven Malkowich, has purchased the Californian and its corporate entity, TBC Media. (Alex Horvath/The Californian via AP)
June 03, 2019 - 1:22 pm
BAKERSFIELD, Calif. (AP) — After 122 years of family ownership, the Bakersfield Californian has been sold to a Canadian publisher, the newspaper announced. The Harrell-Fritts family said in a message to readers on Sunday that Sound News Media, a new company run by publisher Steven Malkowich, has...
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An issue of Sports Illustrated is displayed on a newsstand, Tuesday, May 28, 2019 in New York. Authentic Brands Group, which manages retail names like Juicy Couture and Nautica, is buying the sports magazine for $110 million. (AP Photo/Mark Lennihan)
May 28, 2019 - 12:39 pm
NEW YORK (AP) — Sports Illustrated magazine has been sold for $110 million to a company that specializes in managing fashion, entertainment and sports brands, including marketing rights to Shaquille O'Neal and Muhammad Ali. The seller, Meredith Corp., will continue running the print edition and the...
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FILE - This Feb. 28, 2017, file photo shows Indian Point Energy Center in Buchanan, N.Y. A deal announced April 16, 2019, would close the two reactors at Indian Point within two years. (AP Photo/Seth Wenig, File)
May 21, 2019 - 5:30 am
PLYMOUTH, Mass. (AP) — Companies specializing in nuclear demolition and radioactive waste storage are buying up aging U.S. reactors and promising to decommission them in dramatically less time than their utility owners had planned — eight years instead of 60 in some cases. Viewed by experts as an...
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FILE - This June 27, 2015, file photo, shows the Hulu logo on a window at the Milk Studios space in New York. Disney has struck a deal with Comcast that gives it full control of streaming service Hulu. The companies said Tuesday, May 14, 2019, that as early as January 2024 Comcast can require Disney to buy NBCUniversal’s 33% interest in Hulu and Disney can require NBCUniversal to sell that stake to Disney for its fair market value at that future time. (AP Photo/Dan Goodman, File)
May 14, 2019 - 8:58 am
NEW YORK (AP) — Disney cut a deal with Comcast to take full control of Hulu as each prepares to launch its own streaming service. The companies said Tuesday that Comcast, which owns a third of Hulu, may sell its stake starting in 2024 for a minimum of $5.8 billion. Either company can require the...
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Ohio Gov. Mike DeWine speaks on the cellphone with GM CEO Mary Barra, Wednesday, May 8, 2019, at the Ohio Statehouse in Columbus, about the company's plans to sell its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. DeWine, a Republican, said he wanted to hear more details about the plan, including the reaction of the UAW, but said the potential project was better than the plant sitting idle. (AP Photo/Andrew Welsh-Huggins)
May 08, 2019 - 10:36 am
DETROIT (AP) — General Motors is negotiating the sale of its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. The company confirmed Wednesday that it's in talks with Cincinnati-based Workhorse Group to sell the huge facility, and also announced plans to invest $700...
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May 02, 2019 - 6:09 am
LONDON (AP) — Canadian aerospace company Bombardier says it will sell businesses in Northern Ireland and Morocco as part of a broad restructuring. The company said Thursday it will consolidate its aerospace operations into one unit. As a result, it will focus its business on manufacturing plane...
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April 16, 2019 - 4:25 pm
NEW YORK (AP) — The Martha Stewart brand is getting a new home. Sequential Brands Group, which bought the Martha Stewart brand nearly four years ago for about $353 million, said Tuesday that it is selling it to Marquee Brands for about $175 million. As part of the deal, Marquee will also acquire...
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April 15, 2019 - 3:31 pm
NEW YORK (AP) — AT&T has sold its 9.5% share in Hulu back to the streaming TV company, leaving Disney and Comcast as its owners. Hulu said Monday that AT&T sold its stake for $1.43 billion, valuing the unprofitable Hulu at $15 billion. The Walt Disney Co. wound up with a 60% share after its...
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Speaker of the House Nancy Pelosi, D-Calif., joined at left by Energy and Commerce Committee Chair Frank Pallone, D-N.J., speaks at an event to announce legislation to lower health care costs and protect people with pre-existing medical conditions, at the Capitol in Washington, Tuesday, March 26, 2019. The Democratic action comes after the Trump administration told a federal appeals court that the entire Affordable Care Act, known as "Obamacare," should be struck down as unconstitutional. (AP Photo/J. Scott Applewhite)
March 27, 2019 - 11:13 am
Centene is spending more than $15 billion on rival WellCare to dive deeper into government-funded health coverage in the same week that President Donald Trump's administration renewed its attack on the Affordable Care Act. The insurer said Wednesday that its cash-and-stock deal to buy WellCare will...
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