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9 Of The Most Expensive Planes In The World: What's Your Style?
Friday, June 3, 2022 - 3:43pm | 890Imagine airplane travel without the hassle. Seats with legroom, no person seated in front of you pushing their seat — and the fold-down tray — into your lap, no fights amongst passengers that will inevitably go viral on social media. Now, imagine this: flying on a private plane. (Though...
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Cruise Line Stocks Rally Amid Report Of Possible Takeover Interest From HNA
Monday, May 1, 2017 - 10:48am | 246Major cruise line stocks surged Monday as traders circulated reports of acquisition interest by China’s HNA Group, which has already dipped its toes in the domestic cruise scene with Henna. Rumors bolstered Royal Caribbean Cruises Ltd (NYSE: RCL) 2.6 percent, Norwegian Cruise Line Holdings...
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A Look At One Crazy M&A Weekend
Monday, October 24, 2016 - 11:46am | 570Monday's trading session is most certainly one of the busiest in recent memory following a plethora of large M&A deals. AT&T–Time Warner AT&T Inc. (NYSE: T) announced over the weekend it plans on acquiring Time Warner Inc (NYSE: TWX) for $107 per share in a deal valued at around $...
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CIT Group Looking To Sell Commercial Air Unit For As Much As $4 Billion
Tuesday, May 31, 2016 - 10:58am | 244Shares of CIT Group Inc. (NYSE: CIT) were trading higher by more than 1 percent on Tuesday following a report by Reuters that the company is looking to sell its aircfrat leasing assets which could fetch $3 billion to $4 billion. Interested bidders include more than a dozen entities, including...
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HNA Group Acquired The World's Second-Largest Airline Catering Company
Monday, April 11, 2016 - 3:10pm | 118According to a report by Bloomberg, the Chinese conglomerate HNA Group has agreed to acquire Gategroup Holding, the world's second largest airline catering company. Bloomberg reported HNA Group, led by billionaire Chairman Chen Feng, will pay $1.5 billion for the company. The acquisition is...