Health care technology business Medtronic PLC will purchase wearable insulin patch manufacturer EOFlow Co. Ltd. for KRW 971 billion ($730 million) in a deal guided by three law firms that will expand diabetes management and care to more individuals, according to a Thursday announcement.
Jana Partners LLC, the largest investor and sometime critic of Freshpet Inc., announced Wednesday that it plans to nominate four directors to the company's board at the upcoming annual meeting, arguing the business has consistently failed to achieve its potential.
A graffiti artist is accusing Lids, a licensed sports retailer, of infringing his copyrighted artwork millions of times by allowing its website visitors to create custom merchandise with the artist's protected images "at the click of a button," according to a lawsuit filed in California federal court.
Sports Holdings Ltd. will sell majority ownership of Birmingham City Football Club and its stadium to Knighthead Capital Management LLC, led by American financier Tom Wagner, for an undisclosed amount, according to a Monday announcement.
A former employee of the NBA's Detroit Pistons launched a lawsuit Thursday in a Michigan state court alleging that the team's assistant general manager, Rob Murphy, relentlessly sexually harassed her for months, including groping her and saying he wanted to "put a baby in her," and the team took no action.