DIVESTITURE

Apr 17 2026BUSINESS

Why CareDx is betting its future on diagnostics and dropping some baggage

CareDx just decided to sell off one of its smaller businesses so it can double down on the parts that are actually making money. The company’s president once said the division being sold—Lab Products, which makes test kits used worldwide—operates differently from the rest of their business. That’s b

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Jan 13 2026BUSINESS

Kustom Entertainment's Big Shift: Focusing on Music and Tickets

Kustom Entertainment, Inc. has just sold its majority stake in Nobility Healthcare, LLC. This move is part of a bigger plan to focus more on live events and online ticketing. The company sold its 51% share to the current 49% owner for about $1. 45 million. This deal closed on January 8, 2026. The pa

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Dec 21 2024BUSINESS

FedEx's LTL Spin-Off: A Shift Towards Specialization

Back in the 90s, FedEx jumped into the LTL business by acquiring Viking Freight and American Freightways. The idea was to offer a full package of shipping options, from small parcels to large truckloads. This strategy was similar to its rival, UPS. However, as the years passed and the shipping world

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Sep 13 2024BUSINESS

"Sour Grapes: General Mills Bets Big on Stronger Brands, Dumps Low-Growth Yogurt Arm"

In a move aimed at streamlining their portfolio and focusing on higher-margin brands, General Mills has announced a $2.1 billion deal to sell its North American yogurt operations to French dairy firms Groupe Lactalis and Sodiaal. The divestiture marks a significant shift for the company, which has b

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Sep 13 2024BUSINESS

"Yogurt's Sweet Goodbye: General Mills Sells North American Yogurt Business for $2. 1 Billion"

General Mills' decision to sell its North American yogurt business for $2.1 billion has sent shockwaves through the industry. On the surface, it seems like a straightforward divestment, but let's dig deeper. What's driving this move, and what does it say about the state of the yogurt market? First,

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