Archive for January 2021
Office Depot parent responds to Staples with ‘hell or high water’ counteroffer
In its original unsolicited offer, Staples parent Sycamore Partners sought to purchase all of ODP Corp.’s common stock in a deal valued at $2.1 billion. Read More
Read MoreCannabis dispensaries sue state over new delivery license regs
Dispensaries have sued the Cannabis Control Commission for its new cannabis delivery regulations, saying the exclusivity for the license to disenfranchised groups violates state law. Read More
Read MoreOp-ed: Covid is leaving students behind. We can bridge the gap.
Op-ed by Lorena Lopera is the executive director of Latinos for Education: "If we don’t succeed in closing the digital divide, Latino students who represent Massachusetts’ future workforce will continue to fall behind." Read More
Read MoreBiotech IPOs continue as Cambridge drugmaker eyes $150M raise
Last year’s flood of biotech IPOs appears to be carrying into 2021, with one Cambridge drugmaker going public last week and another filing plans to do so this week. Read More
Read MoreDraftKings, FanDuel face more competition in sports betting
DraftKings and FanDuel are the "most widely recognized sportsbook names and together comprise" roughly 80% of the U.S. market, but "scores of competitors are now angling for a piece of the action in a torrid sports betting category," according to a national advertising magazine. Read More
Read MoreFive things you need to know today, and a major pang of deja vu
Good morning, friends! Here are the five things you need to know today in Boston business, plus newborn babies, Edgar Allan Poe and a sense of deja vu as we near the one-year anniversary of the economic shutdown. Read More
Read MoreBates Communications acquired, renamed by Swedish firm
A Swedish professional services firm has bought Bates Communications Inc., the company founded in 2000 by Suzanne Bates, a former TV journalist. Read More
Read MoreElon Musk’s foundation gives $5M to Beth Israel Lahey Health, Ragon Institute
Two Boston researchers credited for creating a coronavirus vaccine and a coronavirus diagnostic tool will be launching a new project to understand the fundamental inner workers of the disease, thanks to a $5 million gift from Elon Musk’s charitable foundation. Read More
Read MoreHere are the top 10 Massachusetts VC deals of the past year
The numbers for Boston described a venture capital ecosystem that stayed strong during the pandemic. Year over year, deal count in Boston rose 2.7% to 846, accounting for a deal value of $16.9 billion, according to PitchBook. Read More
Read More#WFH Chronicles: How to care for a busy mind
If your mind heads toward melancholy in the quiet times, it might be time to give it something new to do. Read More
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