Sony’s India unit is reportedly ready to cancel its $10 billion merger with Zee Entertainment. The deal, in the works since 2021, is at risk due to an impasse over the question of whether Zee CEO Punit Goenka would lead the new company, Bloomberg News reported Monday (Jan. 8), citing sources...
Credit union service organizations PSCU and Co-op Solutions say they’ve closed their agreement to combine. Beginning Tuesday (Jan. 2), the two groups will integrate under a holding company led by a combined executive leadership team and board of managers, with Chuck Fagan, formerly president and CEO of PSCU, acting...
Brink’s has denied a media report that it is in talks with NCR to merge with that company’s automatic teller machine (ATM) business. “The Brink’s Company is not in discussions about a possible strategic transaction with NCR Corporation,” the cash and valuables management company said in a...
Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. This potential merger comes as Neiman Marcus has been actively seeking a buyer due to a downturn in its business, the New York Post reported Monday (Aug. 28), citing unnamed sources. Neiman Marcus and Saks Fifth Avenue...
September 20, 2022
A judicial green light, of sorts, for a multi-billion dollar merger looks poised to cement healthcare’s place in the connected economy — especially when it comes to paying for it all. To that end, the runway has (seemingly) been cleared for UnitedHealth Group’s $13 billion bid for Change Healthcare to proceed. As was reported Monday […]
February 21, 2020
That there was a lot of action and motion in the payments and commerce ocean this week is not much of a surprise, as that describes pretty much every week...
May 01, 2019
The path to the payments deal started about three or four years ago when Adam Bloomston, CEO of Payscape, and Thomas Nitopi, CEO and founder of NXGEN, first met. As...
April 30, 2018
Portmanteau: /noun/ A word that blends the sounds and meanings of two other words, such as “motel” (motor and hotel), “brunch” (breakfast and lunch) or “Finabler” (financial enabler). That last...
February 08, 2024
Cohesity and Veritas have announced their definitive agreement to combine Cohesity with Veritas’ data protection businesses, forming a new company offering artificial intelligence (AI)-powered data security and management. The remaining assets of Veritas, including its InfoScale, Data Compliance and Backup Exec businesses, will form a separate company called DataCo, the companies said in a Thursday (Feb. 8) press release. This merger aims to provide […]
January 02, 2024
Credit union service organizations PSCU and Co-op Solutions say they’ve closed their agreement to combine. Beginning Tuesday (Jan. 2), the two groups will integrate under a holding company led by a combined executive...
October 11, 2023
Brink’s has denied a media report that it is in talks with NCR to merge with that company’s automatic teller machine (ATM) business. “The Brink’s Company is not in discussions about a...
August 28, 2023
Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. This potential merger comes as Neiman Marcus has been actively seeking a buyer due to a downturn in its business,...
