Asset sales

FILE- In this March 28, 2018, file photo, a man walks in front of a Sears sign in San Bruno, Calif. In a move announced Monday, May 14, Sears Holdings Corp. says a special committee of its board is starting a formal process to explore the sale of its Kenmore brand and related assets. (AP Photo/Jeff Chiu, File)
May 14, 2018 - 11:28 am
NEW YORK (AP) — Sears Holdings Corp. is considering selling its storied Kenmore brand along with other related assets. The ailing company, which operates department stores under the Sears and Kmart names, says a special committee of its board is starting a formal process to explore the sale. The...
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May 01, 2018 - 8:56 am
PAWTUCKET, R.I. (AP) — Hasbro is buying the Power Rangers and some other toy brands from Saban Properties in a cash-and-stock deal valued at $522 million. The announcement comes after Saban Brands picked Hasbro Inc. as the master toy licensee for the Power Ranger line in February. The approximately...
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April 26, 2018 - 5:21 am
SEOUL, South Korea (AP) — LG Electronics Inc. said Thursday it will acquire Austrian-based automotive light maker ZKW in the company's biggest acquisition as its seeks a bigger share in the automotive components market. The South Korean company said it plans to buy a 70 percent stake in ZKW Holding...
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FILE - In this April 19, 2017, file photo, visitors to the stands of GM brands Chevrolet and Buick seat near a section promoting electric power during Auto Shanghai 2017 show at the National Exhibition and Convention Center in Shanghai, China. China has announced plans to allow full foreign ownership of automakers in five years, ending restrictions that have strained relations with Washington and other trading partners. (AP Photo/Ng Han Guan, File)
April 17, 2018 - 8:56 am
BEIJING (AP) — China announced plans Tuesday to allow full foreign ownership of automakers in five years, ending restrictions that helped to fuel its trade dispute with U.S. President Donald Trump as it promotes electric car development. The change would scrap rules that require global automakers...
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FILE - In this March 16, 2010, file photo, financier Carl Icahn poses for photos upon arriving for the annual New York City Police Foundation Gala in New York. Icahn’s company has struck an approximately $1.85 billion deal that would fuse the gaming and hotel operations of Tropicana Entertainment to Eldorado Resorts Inc. (AP Photo/Henny Ray Abrams, File)
April 16, 2018 - 9:58 am
ATLANTIC CITY, N.J. (AP) — Carl Icahn's company struck an approximately $1.85 billion deal Monday that would fuse the gambling and hotel operations of Tropicana Entertainment to Eldorado Resorts Inc. The agreement includes the sale of Tropicana Entertainment Inc.'s real estate to Gaming and Leisure...
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FILE - In this Aug. 3, 2017, file photo, a woman leaves the Nipton Trading Post in Nipton, Calif. A Phoenix-based marijuana technology company bought the town of Nipton for $5 million with ambitious plans to turn its dusty, nearly deserted 80 acres into a pot-friendly resort destination just an hour outside Las Vegas. But the company announced earlier in March 2018 it has sold Nipton to Delta International Oil & Gas in a cash and stock deal worth about $7.7 million. (AP Photo/John Locher, File)
March 26, 2018 - 8:33 pm
LOS ANGELES (AP) — Could plans to turn an old California ghost town into a marijuana mecca be going up in smoke? Cannabis technology company American Green, which bought Nipton for $5 million last year, has sold it to another company for $7.7 million, acknowledging it struggled to raise the money...
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Office workers walk past Grab and Uber offices during their lunch hour Monday, March 26, 2018, in Singapore. Grab, a fast growing Southeast Asian ridesharing, food delivery and financial services business, said Monday that Uber will take a 27.5 percent stake in it and a seat on its board as part of the deal. (AP Photo/Wong Maye-E)
March 26, 2018 - 6:43 am
BANGKOK (AP) — Ride-hailing giant Uber is selling its business in Southeast Asia to regional rival Grab while gaining a robust stake in the fast-growing ridesharing, food delivery and financial services business. Grab said Monday that Uber will take a 27.5 percent stake and a seat on its board as...
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FILE - In this Jan. 8, 2017, file photo, Harvey Weinstein arrives at The Weinstein Company and Netflix Golden Globes afterparty in Beverly Hills, Calif. New York's governor on Monday, March 19, 2018, directed the state's attorney general to review the 2015 decision by the Manhattan district attorney's office to not prosecute a sex abuse case against Weinstein. (Photo by Chris Pizzello/Invision/AP, File)
March 20, 2018 - 11:50 pm
DOVER, Del. (AP) — A Delaware bankruptcy judge on Tuesday issued initial orders allowing the Weinstein Co. to continue paying its bills and working toward a sale of substantially all of its assets. Judge Mary Walrath's rulings include interim approval for the company to borrow up to $25 million to...
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FILE - In this March 8, 2018, file photo, California gubernatorial candidate, state Treasurer John Chiang, a Democrat, speaks at a conference in Sacramento, Calif. Chiang will be joined family members of people who died in a 2015 shooting in San Bernardino, Calf., at a meeting of the California Public Employees Retirement System, Monday, March 19, 2018, calling on the nation's largest public pension fund to stop investing in companies that sell assault-style weapons banned for ownership in California and devices that allow guns to fire more rapidly. (AP Photo/Rich Pedroncelli, File)
March 19, 2018 - 11:14 am
SACRAMENTO, Calif. (AP) — California State Treasurer John Chiang is calling on the nation's largest public pension fund to stop investing in companies that sell assault-style weapons and devices that allow guns to fire more rapidly. Chiang will speak Monday at a board meeting of the California...
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FILE - This Feb. 25, 2015, file photo shows Sands Casino Resort Bethlehem in Bethlehem, Pa. Las Vegas Sands Corp. is selling its Bethlehem casino to Wind Creek Hospitality, an affiliate of the Poarch Band of Creek Indians based in Alabama in a $1.3 billion deal announced Thursday, March 8, 2018. (AP Photo/Matt Rourke, File)
March 08, 2018 - 12:46 pm
Las Vegas Sands Corp. is selling its Pennsylvania casino to an American Indian tribe from Alabama for $1.3 billion, the company announced Thursday. Sands Casino Resort Bethlehem opened in 2009 on the site of Bethlehem Steel's former headquarters plant, transforming what was then the nation's...
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