The lawsuit filed by New York’s attorney general is the latest indication of how an array of investigations is affecting the former president’s business and personal wealth. Source: New York Times
Posts published in “Mergers, Acquisitions and Divestitures”
New York Times Reaches 9.1 Million Subscribers
The purchase of The Athletic helped the company get closer to its new subscriber goal, but the sports site lost $6.8 million over two months, eating into overall profits. Source: New York Times
Ralph E. Ablon, Pioneer of Corporate Conglomerates, Dies at 105
After expanding a family scrap metal business into a hodgepodge of some 55 companies, he then successfully focused on the service economy. Source: New York Times
Four Art Gallerists Create LGDR Consortium, Upending Traditional Model
Dominique Lévy, Brett Gorvy, Amalia Dayan and Jeanne Greenberg Rohatyn will become LGDR, a one-stop shop for artists and collectors. Source: New York Times
Clementon Park and Splash World Auction Has Surprise Ending
A longtime recreation destination across the river from Philadelphia was being auctioned for parts. Then a man with a plan swooped in. Source: New York Times
WeWork Will Go Public in a Merger With a SPAC
The money-losing office space firm plans to merge with a blank-check company backed by big Wall Street investors. Source: New York Times