• Bitcoin exchange Coinbase reportedly made more than $1 billion in revenues last year

    7 monthes ago - By Chron

    Thomson Reuters
    One of the largest platforms for buying cryptocurrencies is making money hand-over-fist.
    Tech publication Recode reported Monday that Coinbase saw revenues top $1 billion last year.
    Coinbase, one the largest platforms for buying and selling cryptocurrencies, is reportedly making money hand-over-fist.
    Recode, the technology publication, reported Monday the San Francisco-based company saw revenues top $1 billion last year, driven by explosive volumes in the market for digital currencies.
    "The company's valuation has likely at least doubled since its last valuation of $1.6...
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  • Patrón Tequila, Valued At $5.1 Billion, To Be Purchased By Bacardi Ltd

    7 monthes ago - By Forbes

    In one of the largest deals of its kind, Bacardi will be buying Patrón. The tequila giant is being valued at a staggering $5.1 billion.
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  • Bacardi to buy high-end tequila maker Patron in $5.1 billion deal

    7 monthes ago - By Reuters

    Bacardi Ltd said on Monday it would buy high-end tequila maker Patron Spirits International AG in a $5.1 billion deal, hoping to become the second largest spirits company in the United States by market value.
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  • Bitcoin exchange Coinbase reportedly made more than $1 billion in revenues last year

    Bitcoin exchange Coinbase reportedly made more than $1 billion in revenues last year

    7 monthes ago - By Business Insider

    One of the largest platforms for buying cryptocurrencies is making money hand-over-fist.
    Tech publication Recode reported Monday that Coinbase saw revenues top $1 billion last year.
    Coinbase, one the largest platforms for buying and selling cryptocurrencies, is reportedly making money hand-over-fist.
    Recode, the technology publication, reported Monday the San Francisco-based company saw revenues top $1 billion last year, driven by explosive volumes in the market for digital currencies.
    "The company's valuation has likely at least doubled since its last valuation of $1.6 billion in August...
    Read more ...

     

  • Bacardi to buy premium tequila maker Patron in $5.1 billion deal

    7 monthes ago - By Reuters

    Bacardi Ltd will buy premium tequila maker Patron Spirits International AG in a $5.1 billion deal, the family-owned liquor company said on Monday, as it seeks to expand in the United States.
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  • Bacardi lines up shot of Patron, buying all of tequila maker

    7 monthes ago - By Stl Today

    NEW YORK - Bacardi Limited plans to swallow the rest of Patron Spirits in a deal that values the tequila maker at $5.1 billion.
    Read more ...

     

  • Bitcoin exchange Coinbase reportedly made more than $1 billion in revenues last year

    Bitcoin exchange Coinbase reportedly made more than $1 billion in revenues last year

    7 monthes ago - By Business Insider

    One of the largest platforms for buying cryptocurrencies is making money hand-over-fist.
    Tech publication Recode reported Monday that Coinbase saw revenues top $1 billion last year.
    Coinbase, one the largest platforms for buying and selling cryptocurrencies, is reportedly making money hand-over-fist.
    Recode, the technology publication, reported Monday the San Francisco-based company saw revenues top $1 billion last year, driven by explosive volumes in the market for digital currencies.
    "The company's valuation has likely at least doubled since its last valuation of $1.6 billion in August...
    Read more ...

     

  • Bacardi lines up shot of Patron, buying all of tequila maker

    7 monthes ago - By Chron

    NEW YORK - Bacardi Limited plans to swallow the rest of Patron Spirits in a deal that values the tequila maker at $5.1 billion.
    Bacardi has held a minority stake in Patron since 2008. The two private companies on Monday didn't disclose terms of the deal for the remainder of Patron. The acquisition is expected to close in the first half of this year.
    Bacardi is known for its namesake rum, but it also owns several other liquor brands including Grey Goose vodka, Bombay Sapphire gin and Dewar's whiskey. Patron will join its tequila stable that also includes Cazadores and Corzo.
    Patron's...
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  • The Trump administration is trying to pass a rule that would allow employers to take billions from their employees' earned tips

    The Trump administration is trying to pass a rule that would allow employers to take billions from their employees' earned tips

    7 monthes ago - By Business Insider

    The Department of Labor has proposed a new regulation that would allow businesses to collect tips earned by their employees.
    A new report predicts the regulation would transfer $5.8 billion in tips per year from workers to employers - $4.6 billion of which would be taken from female employees.
    Critics say the proposal would promote wage theft, and is a step backward for workers' rights.
    The Department of Labor has proposed a new regulation that would allow businesses to collect tips earned by their employees and either redistribute them to non-tipped workers or keep them as part of their...
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  • Bacardi Just Snapped Up Tequila Maker Patrón For $5.1 Billion

    7 monthes ago - By Fortune

    Rum giant Bacardi announced Monday it will buy the maker of Patr?n tequila for $5.1 billion, in one of the largest liquor deals in recent years that is designed to diversify the business and keep up with shifting consumer demands.
    Bacardi is a privately held company that has owned a 30% stake in Patr?n Spirits International AG for nearly a decade. The transaction is expected to close in the first half of 2018. The deal will make Bacardi the number one spirits player in the super-premium segment in the United States, said Bacardi, referring to the most IWSR data. It would also make Bacardi...
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  • Bacardi is reportedly buying Patrón for $5 billion

    Bacardi is reportedly buying Patrón for $5 billion

    7 monthes ago - By Business Insider

    Liquor conglomerate Bacardi has agreed to buy tequila maker Patrón for $5.1 billion, according to a report by The Wall Street Journal .
    Bacardi previously owned 25% of Patrón International, which makes about $1.6 billion in revenue from its namesake tequila as well as a handful of other hard spirits , according to Euromonitor.
    The deal comes a little more than six months after premium-tequila competitor Casamigos, which was cofounded by George Clooney, was sold for as much as $1 billion to Diageo .
    Bacardi, which also owns Grey Goose vodka and Dewar's scotch, would become the 2nd-largest...
    Read more ...

     

  • Bacardi is reportedly buying Patrón for $5 billion

    Bacardi is reportedly buying Patrón for $5 billion

    7 monthes ago - By Business Insider

    Liquor conglomerate Bacardi has agreed to buy tequila maker Patrón for $5.1 billion, according to a report by The Wall Street Journal .
    Bacardi previously owned 25% of Patrón International, which makes about $1.6 billion in revenue from its namesake tequila as well as a handful of other hard spirits , according to Euromonitor.
    The deal comes a little more than six months after premium-tequila competitor Casamigos, which was cofounded by George Clooney, was sold for as much as $1 billion to Diageo .
    Bacardi, which also owns Grey Goose vodka and Dewar's scotch, would become the 2nd-largest...
    Read more ...