Billionaire Chamath Palihapitiya invests big in climate change
Billionaire investor Chamath Palihapitiya announced on Tuesday that he just made his “biggest investment in climate change.”
In a tweet, Palihapitiya mentioned that he led...
Alden Global seeks to purchase Tribune Publishing, signaling massive job cuts
Alden Global Capital LLC, a hedge fund based in Manhattan, NY, is seeking to purchase Tribune Publishing, the parent company of New York Daily...
Verizon Media inks strategic partnership with BuzzFeed
Verizon Media entered into a new “new strategic partnership" with BuzzFeed, which is acquiring HuffPost, a popular brand with significant scale and audience.
As part of...
LVMH enters into final talks with Tiffany & Co. over acquisition
A decade long rivalry is set to end as LVMH Moët Hennessy Louis Vuitton SE has entered into preliminary talks with Tiffany & Co. to...
ConocoPhillips to purchase shale rival Concho for $9.7 billion; shares down
ConocoPhillips (NYSE: COP) announced its plans to acquire its major shale rival Concho Resources (NYSE: CXO) for $9.7 billion in an all-stock transaction.
The stock price...
Clover Health attracts Chamath Palihapitiya with AI, inks $3.7 billion SPAC deal
Chamath Palihapitiya, the Canadian-American billionaire venture capitalist disclosed his newest target, Clover Health Investments, a Medicare Advantage insurance provider backed by Alphabet (GOOGL: NASDAQ).
On...
Chevron-Noble deal finalized with 90 percent shareholder approval
After months of prolonged talks, Noble Energy's shareholders voted with a sweeping majority of 90% to approve Chevron's $4.1 billion all-stock transaction to take...
Bristol Myers Squibb to Acquire MyoKardia for $13.1 Billion
Bristol Myers Squibb (NYSE: BMY) announced that it will buy MyoKardia Inc. (NASDAQ: MYOK) for $13.1 billion or $225 per share in cash. The...
Controversial former Uber VP Emil Michael files for $250M blank check company
Emil Michael, former Senior Vice President at Uber Technologies (NYSE: UBER) formed a $250 million blank check company also known as a special purpose...
Playboy Going Public Again After SPAC Deal
Playboy Enterprises, Inc. is hoping to arouse investors in a new way in the not too distant future.
Founded in 1953 by sex symbol Hugh...