Univision acquired most of the websites in Gizmodo Media Group in 2016, when it purchased most of Gawker Media Group in a bankruptcy auction for $135 million. Univision already owned the Root, an African-American news site, and a stake in satirical website the Onion, which it grouped with the assets from Gawker Media. Gizmodo Media Group also includes the websites Deadspin, Gizmodo and Lifehacker, among others. On Thursday, Univision said it took an impairment charge of more than $120 million...

General Electric Co. GE 2.27% is nearing a deal to sell a unit that makes large industrial engines to private-equity firm Advent International for $3 billion or more, people familiar with the matter said, a move that would bring in needed cash for the struggling conglomerate. A deal, if completed, could be announced on Monday, the people said. Advent appears to have beaten out Cummins Inc. in an auction for the businesses, according to the people. The sale is another step in Chief Executive...

Student-housing owner Education Realty Trust Inc. EDR 3.83% is exploring a potential sale, according to people familiar with the matter. The real-estate investment trust is speaking with private-equity firms about a possible take-private transaction, the people said. There is no guarantee the talks will result in a sale of the company. Education Realty has a market value of $2.8 billion. On Friday, its shares traded up 3.8% to $37.94 after The Wall Street Journal reported on the talks. The...