Symantec Is Acquiring LifeLock for $2.3 Billion Symantec said it was acquiring U.S. identity theft protection services company LifeLock for an enterprise value of $2.3 billion. It expects to finance the transaction with cash on balance sheet and $750 million of new debt, Symantec said in a statement. Reuters first […]
Acquisitions
Marriott buys Starwood, becoming world’s largest hotel chain Marriott buys Starwood, becoming world’s largest hotel chain : Several of the best-known names in travel are now united in one hotel company. Marriott International closed Friday morning on its $13 billion acquisition of Starwood Hotels & Resorts Worldwide, bringing together its […]
Airbnb’s Funding Round Led by Google Capital Airbnb’s Funding Round Led by Google Capital : Airbnb Inc. has brought on Alphabet Inc.’s investment arm as a backer, part of an expected $850 million funding round that values the home-rental company at $30 billion, people close to the deal said. In […]
Drugs Take Backseat to Seeds at Bayer With Monsanto Acquisition Drugs Take Backseat to Seeds at Bayer With Monsanto Acquisition:- In the wake of its $66 billion-acquisition of Monsanto Co., Bayer AG risks starving its lucrative drugs business of the resources it needs to grow. Funded with a combination of […]
