USA: Ebay to sell stake in MercadoLibre
MercadoLibre (NASDAQ:MELI) announces that eBay (NASDAQ:EBAY) plans to sell 5.5M shares in a follow-on offering. The underwriters will also have the option to purchase another 825K shares from eBay.
MercadoLibre will not receive any proceeds from the sale, while eBay could bring in over $1B that it can funnel into buyback activity.
Source: Seeking Alpha
The retail industry’s struggles just hit a new low. One of the largest malls in Pennsylvania, the
Through a special arrangement, what follows is a summary of an article from Retail Dive,
Target’s sale of its pharmacy and clinic business in December 2015 to CVS Health impacted
Lowe's, the home improvement chain, said Wednesday that it is redeploying its workforce in a
An executive from Dunkin’ Donuts enumerated twelve “innovation insights” for an audience at Mobile FirstLook