Tag

Buyout

All articles tagged with #buyout

IMAX on the Auction Block: Who Could Buy the Premium Theater Tech
business6 days ago

IMAX on the Auction Block: Who Could Buy the Premium Theater Tech

IMAX is reportedly exploring a sale, sending shares higher though no formal bids have been made. CEO Rich Gelfond hinted a buyout is possible, and analysts view IMAX as an attractive, defensible asset for buyers ranging from private equity to Netflix, Apple and other tech or media players. With a market cap around $2.1B and a recent $39 stock price, IMAX posted a record $1.28B global box office last year and projects higher 2026 revenue, while expanding installations and diversifying beyond Hollywood through local-language and live-content offerings.

GameStop CEO Sells Memorabilia on eBay to Back $125-a-Share Bid for eBay
business21 days ago

GameStop CEO Sells Memorabilia on eBay to Back $125-a-Share Bid for eBay

GameStop CEO Ryan Cohen is pursuing a takeover of eBay for more than $50 billion, proposing a $125-per-share cash-and-stock offer funded by about $20 billion in debt and GameStop’s cash. To help finance the bid, Cohen has listed 25 GameStop memorabilia items on eBay, including store signs and a carpet, each with a signed letter about the deal. The move follows his January pledge to seek a company to transform GameStop, and it has stirred market chatter as investors weigh the viability and potential leadership of a combined GameStop-eBay entity.

Alabama Extends DeBoer with Seven-Year, $12.5M-a-Year Deal
sports1 month ago

Alabama Extends DeBoer with Seven-Year, $12.5M-a-Year Deal

Alabama’s Board of Trustees approved a seven-year extension for head coach Kalen DeBoer, boosting his annual salary to $12.5 million and placing him among the top five paid college football coaches; the deal includes a stepped buyout schedule of $10 million through January 2027, $8 million through January 2028, and $6 million through January 2029, and DeBoer reaffirmed his commitment to Alabama despite prior Michigan interest.

Interior Chief: No RIFs Planned, Emphasizes Buyouts and Front‑Line Park Staffing
politics1 month ago

Interior Chief: No RIFs Planned, Emphasizes Buyouts and Front‑Line Park Staffing

Interior Secretary Burgum told the House Appropriations Committee there are no plans for workforce reductions (RIFs) at the Interior Department after last fall signaled a plan to cut more than 2,000 jobs; a buyout/early retirement program has been completed and many RIF notices have been rescinded. Congress imposed guardrails in FY2026 to protect National Park Service staffing, noting parks’ popularity, while Burgum said the focus should be on filling public-facing park roles. The department is consolidating operations and moving wildland firefighting programs toward a broader consolidation with USDA’s Forest Service, with the FY2027 budget reflecting these reassignments; some NPS staff were remote and not park-facing, and transfers are within the budget rather than new cuts. This is a developing story.

Wade Returns to LSU as McMahon’s Fate Remains Unclear
sports2 months ago

Wade Returns to LSU as McMahon’s Fate Remains Unclear

LSU is reportedly bringing back Will Wade to replace Matt McMahon, with McMahon not yet formally notified as talks and a decision loom. Wade’s NC State buyout drops to $3 million on April 1, and the two sides had discussions but apparently did not reach an agreement as of publication. Wade would return to the SEC to renew a rivalry with Kentucky, while McMahon’s four-year run at LSU has been marred by NCAA Tournament absence and a 15-17 (3-15) finish in 2026.

Tar Heels Fire Hubert Davis as They Launch National Coaching Search
sports2 months ago

Tar Heels Fire Hubert Davis as They Launch National Coaching Search

North Carolina announced it is parting ways with coach Hubert Davis after a historic first-round collapse to VCU, paying roughly $5.3 million to buy out his contract. The school will conduct a national coaching search led by outgoing AD Bubba Cunningham and incoming AD Steve Newmark, with Turnkey ZRG aiding the search and an advisory group of stakeholders guiding the process amid donor concerns about roster funding and modernization.

UNC's Hubert Davis Faces Prolonged Coaching Decision as UNC Delays Spark Debate
sports2 months ago

UNC's Hubert Davis Faces Prolonged Coaching Decision as UNC Delays Spark Debate

North Carolina's Hubert Davis remains under scrutiny after the Tar Heels' second straight early exit in the NCAA tournament, with no official decision announced as of now; pundits including Seth Davis criticized the prolonged delay, ESPN’s Pete Thamel saying a return is unlikely, and discussions reportedly include a potential $5.3 million buyout as Davis met with his team amid ongoing deliberations.

Paramount+ Expands Reach by Absorbing BET+ After Tyler Perry Buyout
business2 months ago

Paramount+ Expands Reach by Absorbing BET+ After Tyler Perry Buyout

Paramount+ will fold BET+ into its service in June after Paramount Skydance buys out Tyler Perry Studios’ stake, migrating about 1,000 hours of BET+ programming—including All the Queen’s Men, Zatima, The Ms. Pat Show and Diarra From Detroit—to Paramount+. Perry will continue to produce BET content under a broad content-partnership, with BET’s linear channel and digital operations remaining active as the brands consolidate to broaden reach.

Kansas State’s costly contract gamble backfires as Tang era ends
sports3 months ago

Kansas State’s costly contract gamble backfires as Tang era ends

Kansas State fired head coach Jerome Tang after a downturn in results, despite a lucrative, guaranteed contract through 2030. If fired without cause, Tang would receive about $18.67 million. The piece argues this isn’t a morality issue but a money one, highlighting how schools sign big deals they later regret and may be forced to pay out, with Tang having led Kansas State to the Elite Eight in 2022-23 before the program’s recent struggles, potentially triggering legal and financial fallout and echoes of other big buyouts at other programs.

Kansas State parts ways with Jerome Tang after four-season tenure
sports3 months ago

Kansas State parts ways with Jerome Tang after four-season tenure

Kansas State and Jerome Tang have parted ways after four seasons as the Wildcats sit 10-15 (1-11 Big 12) amid a seven-game skid and likely NCAA Tournament absence; Tang, who led K-State to the Elite Eight in 2023, finishes 71-57. Buyout is rumored around $18 million with terms still being negotiated, following his blistering postgame remarks after a 91-62 loss to Cincinnati.

Facepunch COO Proposes $25M Buyout to Save New World Aeternum
gaming4 months ago

Facepunch COO Proposes $25M Buyout to Save New World Aeternum

Alistair McFarlane, COO of Facepunch Studios (Rust), publicly offered Amazon $25 million to acquire New World: Aeternum after Amazon announced its decommissioning; he argued that games should never die and suggested Facepunch would pursue a community-driven, self-hosted development model if the deal happened. With Amazon planning to keep the game running until January 2027, any IP transfer would likely not occur before then.