Company News

PRESS DIGEST -Wall Street Journal - July 30

July 30 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- CEC Entertainment Inc, which owns or franchises about 750 Chuck E. Cheese's and Peter Piper Pizza shops, and Leo Holdings Corp, the blank check company backed by London-based Lion Capital, on Monday said they had terminated their plan to return CEC Entertainment to public trading without explanation.

- Newell Brands Inc on Tuesday said Ravi Saligram, who has been the Chief Executive Officer of Ritchie Bros. Auctioneers Inc since 2014, will take over as the company's chief executive officer from October 2.

- Real-estate startup Compass is finalizing a new round of financing that would value the company at roughly $5.5 billion to $6 billion, according to a person familiar with the situation.

- U.S. hospitals would have to disclose the discounted prices they negotiate with insurance companies under a President Donald Trump administration rule that could upend the $1 trillion hospital industry by revealing rates long guarded as trade secrets, according to a proposal.

- Swedish private-equity firm EQT and the Canada Pension Plan Investment Board acquired a majority stake in Waystar in a deal that values the health-care billing-software provider at $2.7 billion. (Compiled by Bengaluru newsroom)