Tribune Publishing Considers New Offer From Surprise Bidders
Two months after agreeing to sell itself to Alden Global Capital, a New York hedge fund, the company behind The Chicago Tribune and The Baltimore Sun may shift course.
The Maryland hotel magnate Stewart W. Bainum Jr. has joined forces with a Swiss billionaire, Hansjörg Wyss, in a bid to buy The Baltimore Sun and other newspapers owned by Tribune Publishing.Credit.Jim Lo Scalzo/EPA, via Shutterstock
April 5, 2021, 8:55 a.m. ET
Tribune Publishing, the newspaper chain that includes The Chicago Tribune, The Daily News and The Baltimore Sun, said on Monday that it has begun serious discussions about a sale of the company to a pair of bidders who came through with an offer nearly two months after Tribune agreed to sell itself to Alden Global Capital, a New York hedge fund.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Qell Acquisition Corp. Buyout
Rigrodsky Law, P.AApril 5, 2021 GMT
WILMINGTON, Del., April 05, 2021 (GLOBE NEWSWIRE)
Rigrodsky Law, P.A. announces that it is investigating Qell Acquisition Corp. (“Qell”) (NASDAQ GS: QELL ) regarding possible breaches of fiduciary duties and other violations of law related to Qell’s agreement to merge with Lilium GmbH.
ADVERTISEMENT
To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-qell-acquisition-corp.
You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com.
By Lauren C. Williams
NOTE: This article first appeared on FCW.com.
President Joe Biden will nominate the director of the Defense Department’s innovative acquisition arm to be the Pentagon’s top buyer, the White House announced April 2.
Michael Brown has been the director of the Defense Innovation Unit, which helps DOD prototype and field new technologies with rapid acquisition techniques, since 2018.
DIU recently celebrated its five-year anniversary and has expanded its portfolio under Brown’s leadership, fielding 26 new capabilities.
Brown was previously a White House Innovation Fellow for the Defense Department and was the CEO of two Silicon Valley companies, the cybersecurity firms Symantec and Quantum, which is one of the biggest suppliers of drives for personal computers.
We’re aiming for an IPO in next 18-24 months: Byju Raveendran
Byju Raveendran of Byju’s
(Photo: Mint)Premium
Share Via
Read Full Story
BENGALURU :
Byju’s, India’s second most valuable startup, on Monday announced the purchase of Aakash Educational Services Ltd (AESL) for about $1 billion, in what is touted to be the most expensive acquisition in the Indian edtech space. The deal also marked Byju’s focus on the Indian market for test preparations.
Byju’s has been reaping the gains of a covid-induced boom in edtech, with its valuation soaring to $13 billion recently from $8 billion in January last year. The company, which raised equity funding of $1.25 billion in 2020, could potentially overtake digital payments firm Paytm as India’s most valuable startup. Paytm is valued at around $16 billion.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Kemin Industries Acquires Proteus Industries, Inc.
April 5, 2021 GMT
Kemin Industries (PRNewsfoto/Kemin Industries)
DES MOINES, Iowa, April 5, 2021 /PRNewswire/ Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, today announced it has acquired Proteus Industries, Inc. This acquisition adds sustainable clean label yield enhancement technology to the global Kemin Food Technologies portfolio of ingredient solutions.
Proteus Industries, Inc. was founded in 2001 in Gloucester, Mass. as a privately owned food technology and ingredient company that created, developed, and patented novel clean label protein ingredients and applications to improve yield, nutrition, and quality in a variety of meat and poultry and protein-based applications. Kemin will rebrand the ingred