With Slack, Salesforce Would Put Heat on Microsoft

Salesforce.com Inc. has thrived for years as a niche business-software vendor with a chief executive, Marc Benioff, who has positioned himself as a prominent voice…

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Sycamore Bids $540 Million for Ann Taylor, Other Ascena Brands

Sycamore Partners has agreed to pay $540 million to buy Ann Taylor, Lane Bryant and other store brands from Ascena Retail Group Inc., the brands’…

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WSJ News Exclusive | Salesforce Is in Advanced Talks to Buy Slack Technologies

Salesforce.com Inc. is in advanced talks to buy Slack Technologies Inc., according to people familiar with the matter, a deal that would unite a giant…

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Penguin Random House Parent Near Deal to Buy Simon & Schuster From ViacomCBS

ViacomCBS Inc. is close to a deal to sell book publisher Simon & Schuster to German media giant Bertelsmann SE for more than $2 billion,…

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French Hotel Giant Targets U.S. With New Lifestyle Operator

European hotel giant Accor SA is betting big on lifestyle hotels, agreeing to merge its boutique properties with a U.K. company to create what it…

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WSJ News Exclusive | McCormick Nears Deal to Buy Hot-Sauce Maker Cholula

McCormick & Co. is nearing a deal to buy hot-sauce maker Cholula, according to people familiar with the matter, seeking to capitalize on demand for…

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Merck to Buy OncoImmune Amid Race for Covid-19 Treatments

Merck & Co. is buying the biopharmaceutical company OncoImmune, which has reported positive results from a late-stage study of a coronavirus therapeutic candidate, for $425…

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CFOs Adjust to Remote Due Diligence as Deal Making Soars

Finance executives who were hoping to do deals in the spring encountered a big stumbling block: the coronavirus pandemic. Executives feared due diligence, especially reviewing…

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Retail Entrepreneurs Buy Twice-Bankrupt RadioShack With Plans for Online Revival

Two entrepreneurs who have been collecting fallen retail brands during the coronavirus pandemic are taking over the reins of RadioShack, acquiring the nearly century-old gadget…

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BuzzFeed to Acquire HuffPost in Stock Deal With Verizon Media

BuzzFeed Inc. has agreed to acquire Verizon Media’s HuffPost in a stock deal, the companies said Thursday, uniting two of the larger players in digital…

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