Rita's Water Ice reported in sales talks
Tom Paine
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From Fortune's Term Sheet: "Multiple sources say that Argosy Partners and MTN Capital Partners are nearing a deal to purchase Rita's Water Ice, a chain of Italian ice concept restaurants, from Falconhead Capital." Term Sheet is usually a reliable source (at least for
the next couple of weeks until its author departs).
Rita's Water Ice (or Rita's Italian Ice) was founded in 1984 and is based in Trevose. It now has over 600 stores. It just opened its first stores in Massachusetts last week.
Links 10/17: Parexel to acquire King of Prussia-based ExecuPharm; Netflix jumps about 20% after earnings
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Parexel to acquire King of Prussia-based functional service provider ExecuPharm (Outsourcing Pharma)
Announced three weeks ago. ExecuPharm has 355 people listed on LinkedIn, about a third of them in the Philadelphia area.
Parexel is Boston-based life sciences services and consulting business which already has Philly ties.
Netflix stock drops ahead of quarterly earnings report (LA Times)
Netflix says everyone loves Stranger Things and Narcos, and investors love Netflix (again) (Recode)
Feel the Netflix Burn (Bloomberg)
FTC says it may be unable to regulate Comcast, Google, and Verizon (Ars Technica)
Comcast to face ‘headwinds’ in 2017 amid renewals with HBO, Fox News, Fox RSNs, Barclays predicts (FierceCable)
Billy Bush Officially Out at Today Show After Donald Trump Tape Leak (Fortune)
IBM Watson Will Run On IBM and IBM Alone (Fortune)
But is it a product or a complicated service? Good article.
Meet us-east-2, the new AWS data center region in Ohio (VentureBeat)
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