Barry Diller’s publishing company People Inc. (NASDAQ: IAC) has submitted a surprise non-binding proposal to acquire MGM Resorts International (NYSE: MGM) in a $48.30 per share all-cash transaction that values the company at $18 billion. People Inc., publishes over 40...
The Phoenix-headquartered food retailer Sprouts Farmers Market (NASDAQ: SFM) is expanding its nationwide presence with plans to open up to 40 new stores in New England over the next few years. The Boston Business Journal reports the first New England-based Sprouts...
Elected officials in the Sacramento area have announced plans for a $1.8 billion initiative to build a stadium for a potential Major League Baseball expansion team. KCRA reports a new ballpark is being proposed for a 50-acre site in West Sacramento’s Bridge District....
Two of the world’s most prominent hospitality and gaming companies are being combined into a single entity as Fertitta Entertainment Inc. announced its acquisition of Caesars Entertainment Inc. (NASDAQ: CZR) in a $17.6 billion all-cash transaction that includes the...
The investment firms Bain Capital and 11North Partners announced their joint venture acquisition of five open-air retail centers located across four states for approximately $300 million. Collectively, the portfolio totals approximately 757,000 square feet and spans...