• George Clooney and Rande Gerber have a third partner in their $1 billion tequila company, and he happens to be a real estate tycoon

    5 days ago - By Chron

    Mike Meldman is the third partner in George Clooney's billion-dollar Casamigos tequila.
    He also happens to be a real estate tycoon as owner of Discovery Land Company.
    Discovery owns 23 properties that cater to "CEOs, presidents, and athletes."
    To become a member of one of the resorts, people have to buy land on the property and build a home.
    They boast golf courses, restaurants, bars, and other sports.
    George Clooney and multimillionaire Rande Gerber shook up the drinks industry in June 2017 when they sold their tequila company, Casamigos, to Diageo for a whopping $1 billion.
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  • Here's why IBM just sold a $1.8 billion chunk of its software business to Indian IT company HCL

    Here's why IBM just sold a $1.8 billion chunk of its software business to Indian IT company HCL

    5 days ago - By Business Insider

    As part of its efforts to focus on "high-value" products, IBM will sell seven software products to the Indian company HCL for $1.8 billion, the company announced Thursday.
    While HCL shares fell 5% following the news, Wall Street is feeling good about IBM's decision to sell.
    The products were part of a declining division, Cognitive Solutions, which IBM wants to return to profitability.
    One month after IBM announced its $34 billion strategic acquisition of Red Hat, the software giant revealed a sale of its own.
    IBM announced late Thursday that it will sell a suite of software products to the...
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