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Friday, March 31, 2023

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...

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...

Former Speaker of the House Paul Ryan to chair blank check company

Former Speaker of the House Paul Ryan is joining Executive Network Partnering Corp (ENPC), as chairman. ENPC is the latest special purpose acquisition company...

Activist Investor Elliot Management seeks to torpedo $5B Chevron-Noble deal

Activist investor Elliot Management Corporation reportedly bought shares of Noble Energy Inc. (NASDAQ: NBL) in an effort to torpedo an ongoing $5 billion acquisition deal...

Builders FirstSource merger all-stock deal creates mega-giant

The all-stock merger of Dallas-based Builders FirstSource and BMC Stock Holdings (BMC) of Raliegh, North Carolina, has created a mega-giant building materials supplier. The deal...

Gary Cohn, ex-Trump adviser joins $600 million blank-check company IPO

Cohn Robbins Holdings (CRH), a new blank check company just formed by Gary Cohn and veteran investor Clifton Robbins, raised the proposed deal size for...
Verizon Media partners BuzzFeed

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...

eBay to sell classified ad business to Adevinta for $9.2 billion

Lat week, eBay announced it had negotiated the sale of its classified ad business unit to Adevinta, a Norwegian based publisher majority-owned by Schibsted.  The deal...

Trump SPAC Truth Social onboards to Rumble cloud

Trump Media & Technology Group (TMTG) announced that Truth Social, the social media site, has successfully migrated to the Rumble Cloud infrastructure on April...

Authentic Brands CEO touts $1 billion liquidity, plans mall revival

Jamie Salter, CEO for Authentic Brands, has teamed up with Simon Property Group to acquire declining retailers in a joint venture called Sparc. In a...

Must Read

Twin of Nashville school shooter’s crush denies sister’s death caused murder...

A report published in the Daily Mail on Wednesday suggested that the tragic car crash death of Sydney Sims, twin sister of Taylor Sims,...