Business Related

Business News – 11-15-2021

To fund improvements at field, Green Bay Packers will sell $90 million of stock in NFL team

  • The Green Bay Packers plans to sell $90 million worth of shares in the football team in order to help fund improvement sat the Lambeau Field
  • The offering of 300,000 shares will begin at 9 a.m. ET, Tuesday, with a price of $300 per share, the Packers said in a statement Monday
  • According to the team, about 361,300 shareholders have approximately 5,009,000 shares of the Green Bay Packers

Businesses must start vaccine mandates until they are canceled says Chamber of Commerce

  • The vice president to the US Chamber of Congress employment policy, Marc Freedman, has said that businesses should treat the vaccine mandates until a court overturns them
  • The requirements were halted in the US Court of Appeals for the Fifth Circuit on November 6

Restaurant Brands International buys out Firehouse Subs for $1 billion

  • The parents to the fast-food chain, Burger King, Restaurant Brands International has announced on November 15 that it bought Firehouse Subs for $1 billion
  • Over the course of 2021, the stock has dropped 4%, which gives it a market value of $27.1 billion but rose 1% after the news was announced
  • Restaurant brands International currently owns Popeyes Louisiana Kitchen, Tim Hortons, Burger King, and now Firehouse Subs

K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.

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