Goldman Sachs acquires ETF firm Innovator Capital Management for $2 billion

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David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Goldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion in its latest deal to bolster the firm’s asset management division. Goldman said the acquisition, expected to close in the […]


Sinclair acquires Scripps stake in a push to merge

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Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S. Andrew Harrer | Bloomberg | Getty Images Sinclair disclosed a stake in fellow broadcast station owner E.W. Scripps on Monday, in a move to push toward a merger of the companies. Sinclair, which acquired a roughly 8% position in Scripps per […]


E-commerce logistics startup Stord acquires UPS subsidiary

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Imaginima | E+ | Getty Images Logistics startup Stord said Monday that it’s buying UPS subsidiary Ware2Go as it looks to expand its footprint in the e-commerce space. The company declined to provide specifics on the purchase price of the deal. The Atlanta-based company founded by former Thiel Fellow Sean Henry said the acquisition will […]