With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. This week, we’re taking a look back at some of the most significant releases of the second half of 2016. See part one here.
Verizon Communications Inc. and Yahoo! Inc. announced on July 25 that they have entered into a definitive agreement under which Verizon will acquire Yahoo’s operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users — including 600 million monthly active mobile users through its search, communications and digital content products. Yahoo also connects advertisers with target audiences through a streamlined advertising technology stack that combines the power of their data, content, and technology. See the full release to learn more about the acquisition.
Carrier on Nov. 30 released the following statement: “Carrier has had very productive conversations in recent days with President-elect Trump and Vice President-elect Pence. We have negotiated an agreement with the incoming administration that we believe benefits our workers, the state of Indiana and our company. We are announcing today that Carrier will continue to manufacture gas furnaces in Indianapolis, in addition to retaining engineering and headquarters staff, preserving more than 1,000 jobs.” See the full release to learn more about Carrier’s plans.
Avid Life Media Rebrands as ruby – Officially Drops Ashley Madison ‘Life is Short. Have an Affair.’ Tagline
Avid Life Media, the company that owns and operates Ashley Madison, announced it would be rebranding as ruby Corp. and repositioning its Ashley Madison flagship brand. “It’s a new day at ruby and renaming our topco is an important step in our journey to completely rebuild the company as a relevant, digital dating innovator that truly cares for our customers,” explained newly appointed ruby CEO Rob Segal. See the full release to learn more about the repositioning.
Conair Corp., in cooperation with the U.S. Consumer Product Safety Commission (CPSC), announced on Dec. 13 a voluntary recall of the riveted blade contained in the following products. Affected consumers should stop using the riveted blade immediately unless otherwise instructed. See the full release to learn which models are being recalled.
The following is a statement that Jack Conger issued regarding a situation that happened in Rio: “It’s good to be back home in the U.S. Participating in the Olympics was a wonderful experience, and I want to express my appreciation to Brazil and to Rio de Janeiro for being wonderful hosts. I also want to express my gratitude for the support I’ve received from my family and friends, USA Swimming, the U.S. Olympic Committee, and the University of Texas. Unfortunately, one event has become the focus of attention, and I want to briefly address that event today. First and foremost, I deeply regret the trouble and embarrassment this event has brought to the people of Brazil and Rio de Janeiro, and the distraction it has caused from the achievements of my fellow Olympians. Brazil and Rio have staged a great games, and it was a privilege to be there and to represent the United States of America. I also want to express my regret for its impact on USA Swimming and the USOC.” See the full release to read the rest of Conger’s statement.
Want to see more news like this? Keep up with the latest news in your coverage area with a customized newsfeed. Click here to sign up now or email us to finetune your existing profile.
Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.