Also
* Starbucks Corp. said it would close its Torrefazione Italia cafes, nearly two years after buying the chain and its sister company, Seattle’s Best Coffee. Torrefazione, which has 17 stores in the Northwest, California, Chicago and Boston, did not meet performance goals, Starbucks said.
* Jakks Pacific Inc., the Malibu maker of action figures and collectibles, bought the Pet Pal line of products to enter the market for pet toys and treats. Terms were not disclosed.
* Yahoo Inc. said it acquired DialPad Communications Inc., whose software lets people place calls over the Internet. Terms were not disclosed.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
