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Arby’s owner to buy Sonic for $2.3B

Arby’s owner Inspire Brands is buying the Sonic drive-in hamburger chain.

Michael Kors buying Versace in deal worth more than $2B

Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.