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 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...