Browsing Tag

spinoff

J2 Global CEO says Consensus spinoff will unlock value in cloud fax and digital media businesses

May 11, 2021

Vivek Shah, CEO of J2 Global, told CNBC on Tuesday that the company plans to outsource its cloud fax service as management wants to add value in both businesses.The Los Angeles-based digital media company announced in April the severance…

Business

The maker of cans for White Claw strikes an $8.5 billion spinoff deal.

Feb 23, 2021

The company, which makes the aluminum cans used by LaCroix, White Claw, and other beverage makers, is spinning off that business into a deal that valued the new company at $ 8.5 billion, according to several people with knowledge of the…