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Friday, March 31, 2023

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...
Playboy logo

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...

Lucky Brand acquired by Simon and Authentic Brands

Simon Property Group and Authentic Brands Group (ABG) have teamed up in an unlikely deal to acquire bankrupt denim maker Lucky Brand for $140.1...

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...

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...

SpaceX Aims to Connect Smartphones Directly to Starlink service

On December 6, SpaceX filed with the Federal Communications Commission (FCC). It seeks approval to begin equipping some of its Starlink satellites with "direct-to-cellular"...

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...

Trump changes stance, gives Microsoft 45 days on TikTok deal

Over the course of the last week, President Trump changed his stance on the short-media app TikTok, weighing whether to ban the app outright...

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...
Blackstone

Blackstone to acquire Takeda Consumer Healthcare for $2.3 billion

The Blackstone Group (NYSE: BX) and its affiliates agreed to acquire Takeda Consumer Healthcare Company Limited (TCHC) for JPY 242 billion or $2.3 billion. On...

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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,...