Requested symbol wasn't found

U.S. Markets open in 2 hrs 20 mins
  • American City Business Journals16 hours ago

    Major mergers and best-known brands: A look at recent M&A deals in the Triad

    2016 was a record year for mergers and acquisitions activity across North Carolina, with several multibillion-dollar deals announced or completed that involved companies in the Triad. Experts cite accumulated cash on company balance sheets, and private equity funds available to finance deals, as well as the potential for less overall regulations that have blocked mega-deals, many of which faced anti-trust review obstacles in 2016. David Stockton, a Winston-Salem native who is a corporate attorney in the Atlanta office of Kilpatrick Townsend and Stockton, also notes that the potential rollback of the Dodd-Frank Act, a Wall Street regulation law, could provide relief for banks that are involved in merger transactions.

  • TheStreet.comlast month

    America's 5 Most Craveable Fast Food Joints

    Some restaurant chains really know how to whet the appetite of diners.

  • American City Business Journals2 months ago

    Deal for departing Krispy Kreme exec Tony Thompson serves a purpose

    Tony Thompson’s $6.1 million deal to leave Krispy Kreme Doughnuts Inc. might have left some stockholders with a sour taste in their mouth if the company were still publicly held. Of course, the famous doughnut maker went private in July when it was purchased by JAB Beech Inc. Regardless, “golden parachutes” such as the one the 49-year-old Thompson apparently will benefit from are standard practice for top executives of major corporations because they help ensure executives act in the best interest of shareholders — in this case, receiving $25 more per share than the price of the stock at the time.