Bloomberg Business

Qatar, Ratcliffe Prepare Higher Bids as Man Utd Race Heats Up

Bidders for Manchester United Plc were on Wednesday preparing to launch improved offers for the football club ahead of a 9 p.m. deadline in London, people with knowledge of the matter said, as the battle for one of world sport’s biggest assets ramps up.

Extra Space Storage Weighs Offer for Rival Life Storage

Extra Space Storage Inc. is weighing making an offer for Life Storage Inc., the real estate company that rejected a takeover proposal from Public Storage earlier this year, according to people familiar with the matter.

Major Carvana Bondholders Oppose Debt Exchange Plan

A group of funds holding most of Carvana Co.’s more than $5 billion in bonds will oppose a restructuring plan that the online auto seller wants as a way to rein in its debt load, according to people with knowledge of the group’s position.

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