Sean “Diddy” Combs Purchases a $21.1 million work of art

NEW YORK — Entrepreneur and Hip-hop mogul, Sean “Diddy” Combs, has reportedly purchased the “Past Times,” painting by Chicago artist Kerry James Marshall with a narrative centered on black experiences — for $21.1 million, including fees, in an auction at Sotheby’s Wednesday night. “[‘Past Times’] really captured the imagination, and I think galvanizes a whole…

Ellis Island Tea – Jamaican Sweet Tea Hits Sam’s Club Shelves

DETROIT, Michigan — Detroit based Jamaican Sweet Tea company Ellis Island Tea announced that it has inked a deal with in Sam’s Club starting this May, for the recipe to be sold in all of the nearly 600 Sam’s Club locations across the nation. “We’re heading into summer so the timing couldn’t be better,” Ellis-Brown…

MTG completes the sale of its stake in TRACE media group

STOCKHOLM, Sweden — MTG has completed the sale of its 75% shareholding in TRACE PARTNERS S.A.S. (TRACE) to TPG Growth for a total cash consideration of EUR 30 million (approximately SEK 313 million). The transaction values 100% of the business at an equity value of EUR 40 million (approximately SEK 417 million). The sale will…

Boliden signs EUR 770 million credit agreement

BOLIDEN, Sweden — Boliden, together with 11 banks, has signed a syndicated credit agreement totaling EUR 770 million. The agreement comprises two tranches: one of EUR 408 million with a term of 5 years and one of EUR 362 million with a term of 3 years. The facilities extend an existing credit agreement of EUR…

CEO of “The Gathering Spot” discusses Inspiring Jay-Z Tweet at Dartmouth

HANOVER, New Hampshire — Ryan Wilson, CEO & Co-Founder of one of the fastest rising private membership clubs – The Gathering Spot, recently was selected to speak at Dartmouth College to their Undergrad and Tuck MBA students. Ryan discussed his entrepreneurial journey and the process of starting his business highlighting several key points and lessons…

Rapper 21 Savage Shares Some Money Tips

ATLANTA, Georgia — Hip hop artist 21 Savage didn’t have a lot of money growing up, so he says his latest venture is a bit “ironic.” On the heels of his hit single, “Bank Account,” Savage launched a campaign to donate $1,000 to 21 money-strapped kids to teach them the basics of personal finance. He…

Tenneco is buying Federal-Mogul from Icahn Enterprises for $5.4 billion

NEW YORK — Icahn Enterprises L.P. announced entrance into a definitive agreement to sell its indirect wholly owned subsidiary Federal-Mogul LLC (“Federal-Mogul”) to Tenneco Inc. for $5.4 billion, comprised of $800 million in cash and 29.5 million shares of Tenneco common stock, of which 23.8 million shares will be non-voting shares that will convert to…