Byron Allen and Sinclair Broadcast Group Acquire $10 Billion Sports Networks From Disney
Byron Allen has added four new TV networks to his growing media empire as part of Sinclair Broadcast Group's acquisition of 21 RSNs from Disney....
mergers and acquisitions
Black Startup TicketRX Gets Acquired to Help Solve Issues with Traffic Citations
MSTS, a global payments and credit solutions provider, recently acquired TicketRX, a Kansas City-based startup changing the way legal support of traffic citations and violations...
Black-Owned Company That Makes Shaving Brand Bevel, Gets Acquired by Procter & Gamble
Walker & Company Brands, the black-owned company that makes health and beauty products for people of color including the Bevel, the men's shaving line, announced today...
Rapper Juicy J Invests In CORE Hydration – Brand is Sold for $525 Million as Part of Acquisition
Three 6 Mafia’s, Juicy J invested in CORE Hydration not knowing what the results would yield. Welp, it looks like his intuition may have paid...
Richard Parsons Named Interim CBS Chairman of the Board; Bruce Gordon Gives Reason for Stepping Down
Richard “Dick” Parsons, former Time Warner chairman and CEO, has been named CBS Corporation’s Interim Chairman of the Board of Directors, according to a press release...
Black Billionaire Robert F. Smith, Just Made Another $3 Billion with Sell to Adobe
Vista Equity, the private equity firm launched by black billionaire and engineer Robert F. Smith, announced it is selling a cloud-service company it purchased in...
AMC Networks Offers $16M for BET Founder’s Streaming Company
AMC Networks announced plans on Monday to purchase a majority stake in BET founder Robert L. Johnson’s RLJ Entertainment. When word broke of the impending...
Black Investment Firm Expands Into Gas and Electric Industry With Shrewd Acquisition
IMB Development is a New York City-based black investment firm that invests in companies in various industries with annual revenues from......
Exclusive: Not ‘Selling Out’- Sundial CEO, Richelieu Dennis, on Landmark Acquisition and How Deal Will Benefit Black Women Entrepreneurs
In this exclusive Black Enterprise interview, he breaks down how thousands of women entrepreneurs of color will benefit from Sundial......
She Just Headed the Largest M&A in Williams-Sonoma’s History
Varnado led the deal for WSI's game-changing $112M technology acquisition, Outward Inc., a leading digital imaging company....