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13 posts tagged with buyout. (View popular tags)
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Taken to the gleaners

Blackberry will be harvested by a private equity firm for US $4.7 billion. Generally blamed for their own decline by disdaining the massive rush of popularity of competing smartphones and becoming increasingly well-known for the bizarre behavior of their leadership, Blackberry hoped to turn things around by ejecting their co-CEOs, rebranding from Research In Motion to the name of their sole product, and launching a new spate of products: OS 10, new generation of touchscreen phones, and planning a second attempt at tablets. In spite of some misguided punditry predicting a new era, they won no love from either the reviewers or the public. [more inside]
posted by ardgedee on Sep 23, 2013 - 85 comments

Tumblr Tumblr Tumblr, Yahoo!

Yahoo Inc.'s board has approved a deal to acquire blogging startup Tumblr, people familiar with the matter said Sunday. Yahoo has agreed to pay $1.1 billion in cash for the company, one of the people said. Tumblr would continue to operate largely as an independent business, the people said. Yahoo! acquired Ludicorp and Flickr in March 2005. The reported acquisition cost was $35 million. [more inside]
posted by chavenet on May 19, 2013 - 220 comments

It Fish Time!

In rather unsettling news, it appears that a chinese corporation bought one of America's most reliable news sources. For now, the editorial line doesn't seem to have changed, but will it last?
posted by vivelame on Jul 21, 2009 - 90 comments

When Mining Attacks

Picher, Oklahoma was part of a major lead mining area in the central US until the middle of the last century, when the mines closed down. It is now the epicenter of the Tar Creek Superfund site. Residents live among mountains of mine tailings known as chat. Heavy metal poisoning is endemic in the area. With fits and starts, things do begin to get done about it, but only very slowly. To add insult to injury, Picher was struck by an EF-4 tornado on May 10th, 2008. The residents are finally suing over the long in coming buyout plan. Shockingly, the buyout plan was put into place with urgency not because of the lead, zinc, and cadmium poisoning, but because the mines are in danger of caving in. There is still word on when the mountains of debris will be removed, or the acid mine drainage stopped. Despite attempts to prevent further contamination in the 1980s and 90s, the waste is still poisoning local creeks and wildlife.
posted by wierdo on Apr 9, 2009 - 15 comments

Who did what now?

NYT: Best Buy buys Napster
posted by blue_beetle on Sep 15, 2008 - 36 comments

Cette bud n'est pas pour vous

Save Budweiser! – An American beer titan may be bought up by evil Europeans, only you can save it!
posted by Artw on Jun 12, 2008 - 134 comments

I'll Buy That

Selling out is becoming trendy. Last fall, Burt’s Bees was sold to Clorox. It turned out then that former owner Roxanne Quimby bought out co-founder Burt himself in 1999 and sold 80% of the company to AEA Investors in 2004; this was just the final stroke of the pen. [more inside]
posted by bassjump on Jan 17, 2008 - 43 comments

y.ah.oo

y.ah.oo Del.icio.us bought by Yahoo. Another one bites the dust? I miss the days when del.icio.us was largely undocumented and was a somewhat underground, community-based project. What will the corporate buyout mean for everyone's favourite link sharing site?
posted by sid on Dec 9, 2005 - 69 comments

Six Apart to Buy LiveJournal

Rumor has it: Six Apart is buying Live Journal. via Waxy
posted by FlamingBore on Jan 4, 2005 - 77 comments

Chucks

Chucks News of Nike's buyout of Converse got me thinking about the oldest sneakers around. I don't mean that crusty pair buried in your closet, unless it's (likely for some of us) the Chuck Taylor All-Star basketball shoe. Sure, some of us wouldn't be caught in a pair, but as the choice of legends, the uniform footwear of baby-boomer youth (knock-offs were worn at risk of mild derision) and as a cultural mission statement, this 80-year-old low-tech affair is still chuck-full of game, and still as affordable as that other guy's shoe isn't. Fortunately for the shoe's many adoring fans, the word is that the Star won't be replaced by a Swoosh.
posted by LinusMines on Jul 11, 2003 - 39 comments

Power Company Buys Entire Village

Power Company Buys Entire Village American Electric Power is buying the Gallia County village of Cheshire, Ohio for $20 million after years of complaints from residents about pollution from AEP's massive Gen. James M. Gavin power plant, located along the Ohio River on the edge of the village.
Two months ago federal health experts reported that blue sulfuric clouds from the Gavin plant endangered the village last summer, particularly residents suffering from asthma. I'm not sure what to think about such an odd plan.
"I think the town just had enough of the company's experimentation," said Dale Heydlauff, AEP's senior vice president for environmental affairs. Note: Registration required to read full story .
posted by Blake on Apr 16, 2002 - 3 comments

HP shareholders vote to acquire Compaq... or not?

HP shareholders vote to acquire Compaq... or not? Stop me if you've heard this one before: One side has already declared victory while the other won't concede defeat until all the votes are counted. The margin appears to be less than one half of one percent, and a manual count is in the works.
posted by jjg on Mar 19, 2002 - 4 comments

Dontcha hate it when something like Winamp gets bought out by AOL? It crashes a bit too much on my home system so I went looking for alternatives and was glad when I found FreeAMP (it's GPL'ed to boot!). Take the high road, use the mp3 player that guarantees no AOL buyouts on your desktop.
posted by mathowie on Sep 23, 1999 - 0 comments

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