Athenahealth to Sell Itself for $5.47 Billion

Health-care software firm Athenahealth is selling itself to an affiliate of two private-equity firms for $5.47 billion in cash months after an activist investor offered to take the business private.

 
Kodak Expects $390 Million in Printing Business Deal

Kodak says it will receive up to $390 million by selling its Flexographic Packaging unit to a private-equity investor, a deal that could help the company pay down a loan that matures next year.

 
Coty's Names New CEO

Coty announced a new chief executive and changes to its board, days after reporting sluggish sales, particularly in its consumer beauty division, and disruptions in its supply chain.

 
Diageo to Sell 19 Brands Amid Focus on Premium Spirits

The world's largest liquor maker is selling a portfolio of brands, including Goldschläger and Seagram's VO whiskey, to Sazerac for $550 million as it pivots toward premium brands and higher-growth products.

 
Pets or People, Big Food Faces the Same Supermarket Battle

Pet foods with fancier ingredients are eating away at market share for mainstream brands. Snacks for dogs and cats are selling faster than meals. And a flood of new products is putting pressure on prices.

 
Rising Costs Push Small Carriers to the Brink

More than 20 carriers have gone bust around the world this year, the highest number in a decade. Executives expect the shakeout to continue as the industry enters the offseason for air travel.

 
SoftBank Targets $20 Billion IPO for Japanese Mobile Unit

SoftBank will seek to raise more than $20 billion with the initial public offering of its Japanese mobile unit, as it seeks funds to fuel its nearly $100 billion investment machine.

 
SAP to Buy Analytics Startup Qualtrics for $8 Billion

The German software giant is counting on the deal to bolster it in the customer-relationship management software business, where Salesforce.com has the lead.

 
Losses Pile Up at Fintech Firm SoFi as Rates Rise

Online lender Social Finance lost money for the second consecutive quarter as loan volume sagged and the company spent big sums on expansion plans.

 
Norwegian Air May Survive After All

Norwegian Air's chances of making it through the winter as an independent company have risen. For the moment, though, its stock remains an expensive gamble on a takeover that may not happen.

(END) Dow Jones Newswires

November 12, 2018 11:15 ET (16:15 GMT)

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