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Friday, May 7, 2021

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...

Chinese state media: US a ‘rogue country,’ TikTok acquisition is theft

On Monday, Chinese state media launched multiple salvoes claiming the U.S. is a “rogue country” and Microsoft’s possible TikTok deal is a theft of...

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...

Devon Energy enters into talks with WPX over $6 billion merger deal

Devon Energy Corp (NYSE: DVN) reportedly entered into talks with WPX Energy Inc (NYSE: WPX) over a possible $6 billion all-stock merger between the...

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...

Aveva buys OSIsoft for $5 billion Softbank cashes out

UK based software company Aveva, majority-owned by French automation specialist Schneider Electric, struck a merger deal to acquire OSIsoft, the U.S.-based data management company...

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...

BREAKING: Visa, Plaid abandon $5.3B merger deal after DOJ antitrust lawsuit

Visa Inc. (NYSE: V) and Plaid mutually decided to abandon their $5.3 billion merger agreement after the U.S. Department of Justice (DOJ) filed a...

Noble Energy investor challenges board of directors over Chevron deal in lawsuit

Noble Energy investor David Walsh has sued Noble in a New York federal court, aiming to put the $5 billion merger deal with Chevron...

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...

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Coinbase Nasdaq COIN

Coinbase Shares Plunge to All-Time Low Price of $251 Following Bearish...

The stock price of Coinbase (NASDAQ: COIN) plummeted 8.16% to $251.85 on Thursday, continuing to lose its value for the fourth straight day. The...