Acquision

U.S. Postal Service to Purchase 66,000 Electric Vehicles by 2028

The U.S. Postal Service intends to acquire at least 66,000 electric vehicles as it aims to transform its delivery fleet. The change comes amid pressure from environmental campaigns to electrify its vehicles. The electric vehicles would make up over half of the 106,000 vehicles it intends to purchase for delivery between now and 2028. According …

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Kroger to Acquire Rival Albertsons for $24.6 Billion

Rivals, Kroger (NYSE: KR) and Albertsons (NYSE: ACI) announced they would be teaming up. Kroger is set to acquire Albertsons for USD34.10 a share in a deal worth USD24.6 Billion. Albertsons shares closed at USD28.63 on Thursday. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”KR” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”KR” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; …

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Restaurant Brands International Acquires Firehouse Subs for $1 Billion

Restaurant Brands International (NYSE: QSR), parent company to Burger King, Tim Hortons, and Popeyes, announced it has acquired Firehouse Subs for a total of USD1 Billion. The company’s shares rose 2% during premarket trading following the news. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”QSR” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”QSR” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; …

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