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News Highlights : Top Company News of the Day

08/10/2021 | 09:16pm EDT
NortonLifeLock Agrees to Buy Cybersecurity Provider Avast 
 

The stock-and-cash deal, valued at between $8.1 billion and $8.6 billion, would expand NortonLifeLock's reach into consumer software

 
Mountain Dew Goes Hard as PepsiCo, Boston Beer Partner on a Boozy Version 
 

The coming product, Hard Mtn Dew, is a nod to what the companies see as evolving tastes of drinkers.

 
Albertsons Names Former Best Buy Executive as CFO 
 

Albertsons tapped Sharon McCollam to serve as finance chief as the food-and-drug retailer navigates cost inflation and builds out its e-commerce operation.

 
BitMEX to Pay $100 Million to Settle Lawsuit 
 

The Commodity Futures Trading Commission had sued the cryptocurrency exchange over its derivatives offerings.

 
Saks Fifth Avenue Owner, WeWork to Run Co-Working Spaces in Former Stores 
 

Hudson's Bay Co., owner of Saks, is converting parts of its department stores into co-working offices.

 
Blue Owl Plans Funds for Co-Investments and Secondary Deals 
 

Blue Owl Capital plans to raise new funds focused on co-investments, secondary deals and lending to fund managers, as it builds on its business of providing financing to alternative-markets firms, according to co-president Michael Rees.

 
Dominion Sues Newsmax, Others Over Election Claims 
 

The voting machine company sued two conservative media networks and a businessman it said defamed it by spreading accusations that it rigged the 2020 election.

 
Moderna to Build Vaccine Plant in Canada 
 

The factory will fulfill the country's orders for Moderna mRNA vaccines, including Covid-19 booster shots, and could provide a template for increasing global manufacturing capacity.

 
Wells Fargo's Black Takes Over as Chairman From Noski 
 

The lender said that Charles Noski had stepped down as chairman and will be succeeded by Steven Black, a former JPMorgan Chase & Co. executive who joined the board last year.

 
Canadian Pacific Makes New, Higher Bid for Kansas City Southern 
 

Canadian Pacific submitted a bid that values Kansas City Southern at $300 a share, or about $27 billion not including assumed debt.

(END) Dow Jones Newswires

08-10-21 2115ET

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