Tag: merger

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Hakkasan and SBE merger officially off

Confirming industry suspicions, the Billion-dollar merger of Hakkasan and SBE announced a year ago is officially dead according to Restaurant-Hospitality.com who stated that in...

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Soundcloud president responds to stories about their impending doom…

Trying to quash the rumors and speculation about Soundcloud's future, Founder and CEO Alex Ljung posted the following statement yesterday on the Soundcloud blog: SoundCloud is...

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Breaking News: SBE (Hyde, Create Nightclub, SLS) in advanced merger negotiations with Hakkasan Group

Per the Wall Street Journal, SBE is in advanced talks with the Hakkasan Group to combine the two entertainment companies into a new company...

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SBE (SLS, Hyde, Create) and Morgans Hotel Group in merger talks

In club business news, WSJ.com reports that Sam Nazarian's SBE hospitality company is in advanced talks to merge with Morgans Hotel Group. SBE runs/owns...