Lensrentals Acquisition to End the BorrowLenses Brand, Close CA Location

today that it doesn’t include employees or the physical San Carlos, California location.and the language indicated that the company was no longer going to continue its local operations in California.

That statement also wasn’t clear if it meant that BorrowLenses as a brand would cease, if the physical location was closing, or a combination of the two, so“Lensrentals is not acquiring employees or locations as part of the acquisition,” a statement to“We did acquire the BorrowLenses brand and select assets, and will bring the BorrowLenses assets under the Lensrentals brand, expanding our customer base while growing our inventory of pro grade photo, video, and cine gear and accessories.

BorrowLenses intends to continue to ship rentals out for the next two days, but orders that ship starting next week will be fulfilled by Lensrentals. Any orders that have been recently placed but not yet received will either contain a new UPS return label or one will be shipped separately that will send the equipment back to Lensrentals, not BorrowLenses.

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Challenge of Retaining Startup Talent After an AcquisitionPeople are among the most prized assets of many startup companies, so when employees leave after an acquisition, it can be a substantial loss for the acquiring company. Why do so many startup employees leave, and how do startup acquisitions impact their careers? Using U.S.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Aldi completes acquisition of Winn-Dixie owner Southeastern GrocersAldi has completed the acquisition of Southeastern Grocers and its Winn-Dixie and Harveys Supermarket stores, the grocer has announced.
Source: FOX10News - 🏆 581. / 51 Read more »

'Natural Asset Companies' and Utah's efforts to shut the door on themThe Utah treasurer says a land acquisition proposal poses a significant risk to rural economies.
Source: KSLcom - 🏆 549. / 51 Read more »