All posts tagged "Acquisitions"

ORLANDO, Fla. -- Some winners have emerged in Gov. Ron DeSantis’ ongoing battle with Disney: political insiders who scored lucrative six-figure jobs and contracts as the culture war fight unfolded. DeSantis vowed to bring a new era of accountability, but more than eight months into a state takeover, the Central Florida Tourism Oversight District’s new administration is facing mounting scrutiny and scathing employee exit surveys. “You do see a pattern here that people who are politically connected are getting work,” said Richard Foglesong, a Rollins College professor and author of the book “Mar......

CHICAGO — Laura Ricketts, a co-owner of the Chicago Cubs, is leading a diverse group of local women business and civic leaders to purchase the Chicago Red Stars of the National Women’s Soccer League. Terms of the contract were not disclosed Tuesday, and the ownership group must receive approval from the NWSL Board of Governors to finalize the sale. The investor group hopes to complete the purchase this month. “We wholeheartedly believe in and are excited about the future of the Red Stars and the NWSL,” Ricketts said in a news release. “There is an unprecedented fan growth in women’s soccer glo......

Florida Attorney General Ashley Moody came up empty on a public records request that sought to gain insight into agreements the Reedy Creek Improvement District’s board made with Disney ahead of a state takeover. The district, which oversees government services for Disney World, determined “no records exist” for the request filed on March 30 by Moody’s office. A similar request filed by the Orlando Sentinel also yielded no documents. Moody sought “documents discussing an intention or goal of circumventing, avoiding, frustrating, mitigating or otherwise attempting to avoid the effects of antici......

Elon Musk is mulling whether to place all Twitter content behind a paywall, according to a new report. While any such change does not appear to be imminent, Musk has recently been turning over the idea of a sitesubscription fee with one of his advisers, venture capitalist David Sacks, according to a report from tech newsletter Platformer. Lots of questions remain around the potential paywall for the platform, the biggest among them being who will be charged and just how much. A source familiar with the discussion told Platformer one option includes keeping Twitter free for a certain amount of ......

Sean “Diddy” Combs has agreed to buy nine cannabis retail stores and three production facilities in Illinois, New York and Massachusetts for $185 million as part of required antitrust divestitures for the pending $2 billion Cresco-Columbia Care megamerger. The deal to sell off a portion of the combined Cresco-Columbia Care portfolio to Combs, announced Friday, includes the Columbia Care dispensaries in Villa Park and Chicago’s Jefferson Park neighborhood, which have been rebranded as Cannabist, as well as a Columbia Care production facility in Aurora. If approved by regulators, Combs would for......

A prominent Thai businesswoman has purchased the Miss Universe Organization for $20 million, her company announced Wednesday. Anne Jakapong Jakrajutatip is the founder and CEO of the Thailand-based media company JKN Global Groups, which acquired the rights to the pageant from IMG Worldwide, a sports and event company headquartered in New York City. She’s also a social media influencer with nearly 19 million followers, a reality television personality who has appeared on Thai versions of “Project Runway” and “Shark Tank” and a transgender rights advocate who started a foundation that fights for......