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Saturday, November 27, 2021

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...

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...

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...

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...
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...

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...

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...

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...

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...
Microsoft to buy ZeniMax Media and Bethesda

Microsoft to buy ZeniMax Media for $7.5 billion 

Microsoft Corporation (NASDAQ; MSFT)  announced its plan to purchase ZeniMax Media and its game publisher Bethesda Softworks for $7.5 billion. The price tag acknowledges that Bethesda...

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A Closer Look into Thanksgiving Day 2021

On behalf of USA Herald, Happy Thanksgiving, America. The holiday season is here and 2021 is quickly coming to a close. This Thanksgiving Day, so...