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Online coupon site RetailMeNot acquired for $630 million

Harland Clarke, a payment and marketing services firm, will acquire online coupon site RetailMeNot in a deal worth $630 million in equity. Harland Clarke will pay $11.60 per share in cash, which is about 50% higher than the stock’s closing price of $7.75 on April 7. A subsidiary of MacAndrews ...

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AT&T acquiring Straight Path to support 5G rollout

(Image: AT&T) AT&T announced Monday that it’s acquiring Straight Path, a company with a nationwide portfolio of millimeter wave (mmWave) spectrum that can help AT&T roll out a 5G network. The deal is valued at $1.6 billion, AT&T said, including liabilities and scheduled remittances to the Federal Communications Commission (FCC). ...

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LeEco will not acquire TV maker Vizio as planned

Chinese electronics giant LeEco will not acquire U.S.-based TV maker Vizio as announced, the two companies said today. The deal has been hitting roadblocks according to recent reports, and now it’s officially ended as a result of “regulatory headwinds,” according to LeEco. The companies are quick to note that this ...

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Waiting for the new new thing

The smartphone wars are over, and everybody won. Life without our phones is almost unthinkable. I just spent the last five days on a couple of remote Pacific islands, and every so often I’d look up and see a flower-garlanded local child immersed in a Samsung tablet – and this ...

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Hyperloop One Global Challenge Proposes 11 Potential Routes

Eleven potential routes across the U.S. have been announced from the Hyperloop One Global Challenge, the company announced. The proposed routes came from 11 teams of the more than 2,600 participants who competed in the Hyperloop One Global Challenge. The 11 routes would cover more than 2,800 miles and link ...

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