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Skydance in Early Talks to Acquire The Free Press, NYT Reports

Skydance Media CEO David Ellison has held preliminary talks to acquire The Free Press, an online news outlet, the New York Times reported on Friday, citing people familiar with the matter. The news comes as Skydance is seeking to close its $8.4 billion merger with Paramount Global, which is awaiting...

Kraft Heinz Is Planning a Breakup, WSJ Reports

Packaged food maker Kraft Heinz is preparing to break itself up, the Wall Street Journal reported on Friday, citing people familiar with the matter. The company is looking to spin off a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued...

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