All articles tagged with #bidders
Warner Bros. Discovery is exploring a potential sale amid interest from major tech and media companies, with CEO David Zaslav seeking to maximize value and retain influence, as multiple bidders including Paramount, Apple, Amazon, Netflix, and Comcast consider offers, while the company weighs splitting or selling itself.
Buy Buy Baby is attracting takeover interest from at least two bidders as Bed Bath & Beyond seeks to sell off assets in its bankruptcy process. One bidder is Babylist, a direct-to-consumer baby registry website, while the other is unknown but plans to keep 75% of the stores open. Some bidders are also interested in buying Bed Bath & Beyond's digital assets.
Buy Buy Baby, the baby gear retailer owned by Bed Bath & Beyond, is drawing interest from at least two bidders as its parent company works to auction off its assets and keep some form of its business alive. The interested parties include an unknown bidder, who would purchase the banner as a going concern and keep about 75% of stores open, and Babylist, a direct-to-consumer baby registry website that wants to buy its trademark and domain. The auction has been delayed twice, with stalking horse bids now due on June 8 and final bids due on June 14.
The Washington Commanders are set to be sold to a new owner, with as many as four bidders in the running, including Josh Harris, Steve Apostolopoulos, Tilman Fertitta, and a mystery fourth bidder. The sale could be finalized within one to three weeks, with the winning bidder needing to fund 30% of the purchase price, which is expected to be around $6 billion. The NFL has encouraged diversity among ownership groups, and the league still needs to approve the new owner and group before the sale is official. Dan Snyder, the current owner, has yet to consent to an interview with investigators looking into the team's culture.
Canadian billionaire Steve Apostolopoulos has joined the list of potential bidders to purchase the Washington Commanders' NFL team, according to ESPN. Apostolopoulos, who recently toured the team's stadium and training facility, is one of three known bidders for the team, along with a group led by Josh Harris and Tilman Fertitta, and Mitchell Rales. The current owners, Dan and Tanya Snyder, announced their intention to sell the team last November for a reported $7 billion, while Forbes has valued the franchise at $5.6 billion.
Canadian billionaire Steve Apostolopoulos has joined the list of potential bidders for the Washington Commanders, with only three known bidders for the NFL team. Apostolopoulos has recently focused on buying the Commanders, although he had discussions to buy the NBA's Charlotte Hornets. The Commanders' owners, Dan and Tanya Snyder, announced their intention to sell the team in November, with Forbes valuing the franchise at $5.6 billion. The NFL league meeting starting Monday in Phoenix has increased speculation over when a deal could be announced.
Sheikh Jassim Bin Hamad Al Thani and Jim Ratcliffe are the two most high-profile bidders for Manchester United, with initial bids thought to be below £5bn. Sheikh Jassim wants to complete a full takeover of United, while Ratcliffe is bidding for the Glazers’ 69%. Bidders have until Wednesday to submit their next offers, and the Glazers have set a price, which if not met, they will not feel under any added pressure to sell the club.