Tag: Buy

McDonald’s to buy back Israeli outlets amid boycott risk

McDonald’s announced Thursday it will purchase the franchise rights to 225 restaurants in Israel as boycotts against the chain continue. The company is buying the franchises from Alonyal Ltd., which operates them in Israel and employs around 5,000 people. The transfer of ownership will take place over the coming months, Alonyal said, and McDonald’s plans […]

Former Trump Official Forming Investor Group to Buy TikTok

Former Trump administration Transportation Secretary Steven Mnuchin is reportedly pooling together an investment group that intends to purchase TikTok if the app is ultimately sold by its Chinese Communist Party-affiliated owner. The news follows the Wednesday passage of a bipartisan bill in the House of Representatives that seeks to force TikTok to be sold by […]