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“The Deal is Done” – U.S. led group acquires AS Roma

Tullio Camiglieri (left) and Thomas DiBenedetto - April 15, 2011

Thomas DiBenedetto and AS Roma representatives held a press conference in Boston on Friday, April 15, hinting at the possibility of soon closing the deal that would put the Italian soccer team in the hands of American owners. “The deal is done,” said DiBenedetto, “we just have to receive approval from the stock exchange and antitrust regulators.” Details of the deal were not disclosed, but DiBenedetto pointed out he was “determined to overcome any obstacles.” Pictures of the event: Once regulatory approval is granted, DiBenedetto’s group will own 67% of AS Roma, for a value of approximately $100 million. The ...

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Fiat Arrives in the Bay State

fiat-500-home

For 27 years, Italian automaker Fiat kept its cars out the United States, but since its 2009 takeover of Chrysler, it was just a matter of time before the iconic brand returned to dealerships across Massachusetts and the rest of the country.

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Italian Truffle Company Sets Eyes on Newbury Store

Federico Balestra, president of Sabatino Truffles. Photo by Gabriel Balestra

Sabatino&Co Roma, known in Italy and the United States for its truffles and truffle-related products, is reported to be planning a new store at 130 Newbury Street.

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