Also
Aramark Corp., the nation’s largest food service company, will be taken private for the second time in 22 years after shareholders approved a $6.3-billion leveraged buyout bid.
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The Sacramento Bee is closing its bureaus in Los Angeles and San Francisco and offering buyouts to a few editorial employees as it struggles with declining revenue and circulation.
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The European Commission cleared the way for MAN’s hostile $13.7-billion offer to take over Sweden’s Scania, saying the deal that would create Europe’s biggest truck maker raises no antitrust problems. Scania’s board and a major shareholder have rebuffed the offer as too low.
