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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

M&A and IPOs

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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August 23, 2013, 3:52 PM ET

Baidu Inc. (Nasdaq: BIDU) has agreed to acquire a 59% stake in Chinese group-buying site Nuomi Holdings Inc. from Renren Inc. (NYSE: RENN). The deal is valued at around $160 million.www.baidu.com

Koch Industries said that is no longer considering a bid for Tribune Company’s newspaper unit, according to a company spokeswoman. www.kochind.com

Apple Inc. (Nasdaq: AAPL) has acquired Embark, a San Francisco-based mass transit tracking app, according to tech reporter Jessica Lessin. No financial terms were disclosed. Embark had been seeded by YCombinator, Start Fund and BMW iVentures. www.letsembark.com

Doughty Hanson & Co.
 has agreed to sell Avanza Group, a Spanish bus and bus station company, to Mexico’s Grupo ADO. No financial terms were disclosed. www.avanzabus.com

Software AG, a listed German enterprise software company, has acquired JackBe Corp., a Chevy Chase, Md.-based provider of real-time business intelligence solutions. No financial terms were disclosed. JackBe had raised around $21 million in VC funding from Blue Chip Venture Co., Darby Technology Ventures, Intel Capital and Harbert Management. www.jackbe.com

Enzymotec Ltd., an Israel-based nutritional ingredients and medical foods company, has filed for a $75 million IPO. It plans to trade on the Nasdaq under ticker symbol ENZY, with BoA Merrill Lynch and Jefferies serving as lead underwriters. The company reports $4.7 million in net income on $28.7 million in revenue for the first half of 2013. Shareholders include XT Hi-Tech Investments (19.2% pre-IPO stake), Millennium Materials Technologies Fund (10.4%), Arancia International (6.8%) and BIP Venture Partners (6.3%). www.Enzymotec.com

Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com

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