Telus to buy LifeWorks in deal valued at $2.9-billion including debt

Telus to buy LifeWorks in deal valued at .9-billion including debt

Telus Corp. TT has signed a deal to buy LifeWorks Inc. LWRK-T valued at $2.9 billion including debt. LifeWorks, formerly known as Morneau Shepell, helps companies with employee and family assistance plans, absence management, pension and benefits administration and retirement planning. Under the agreement, LifeWorks shareholders will have the option to receive $33 in cash … Read more

The Globe’s stars and dogs for the week

The Globe’s stars and dogs for the week

A humorous look at the companies that caught our eye, for better or worse, this week Unilever PLC (STAR) UL-NYSE Morning routine of Unilever’s ideal customer: apply Degree deodorant to armpits; for cup of Red Rose tea; finish off tub of Ben & Jerry’s ice cream in freezer. Shares of the British consumer products company … Read more

Elon Musk wants to buy Twitter in a deal valuing the social-media company at more than $43 billion

Elon Musk wants to buy Twitter in a deal valuing the social-media company at more than  billion

Shares of Twitter Inc. soared Thursday, after the social-media platform’s largest shareholder, Elon Musk, disclosed a bid to buy the remainder of the San Francisco–based company’s stock that he doesn’t already own so he can transform it into the world’s “platform for free speech.” Musk, the “technoking” of Tesla Inc. and founder of SpaceX, also … Read more

Opinion: Shopify shares rise as tech company announces 10-for-1 stock split

Opinion: Shopify shares rise as tech company announces 10-for-1 stock split

Tobi Lutke, CEO of Shopify, in the company’s Montreal office on Feb. 18, 2015.Paul Chiasson/The Canadian Press Shopify Inc. SHOP-T co-founder, chair and chief executive Tobias Lutke has three young children. The billionaire is willing to give up the opportunity to pass along the company to his offspring in exchange for maintaining control for as … Read more

Shopify proposes changes to governance structure, announces 10-for-one share split

Shopify proposes changes to governance structure, announces 10-for-one share split

The Shopify headquarters, in Ottawa, on Sept. 1, 2020.Adrian Wyld/The Canadian Press Shopify Inc. SHOP-T is proposing changes to its governance structure to preserve founder and CEO Tobi Lutke’s voting power, but provide sunset provisions that prevent him from transferring that power. Under the new plan, Shopify will issue Lutke a founder share that will … Read more