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Tuesday, August 9, 2022

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...

Warren Buffett’s Berkshire Hathaway believes E.W. Scripps can deliver long-term value to shareholders

Berkshire Hathaway, the multinational conglomerate controlled by legendary billionaire investor Warren Buffett, invested $600 million in E.W. Scripps Company (NASDAQ: SSP), the fourth-largest independent TV...
Peter_Thiel_2016_RNC_

Peter Thiel starts a $575 million SPAC called Bridgetown Holdings

Peter Thiel, co-founder of PayPal Holdings, Inc. (NASDAQ: PYP) and Palantir Technologies is involved in a new special purpose acquisition company (SPAC). Thiel is known...
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...

Nikola Founder Trevor Milton denies allegations of fraud amid GM merger and SEC, DOJ...

The stock of Nikola Motor Corporation (NKLA: NASDAQ), the electro-hydrogen car start-up, has been on a wild ride for the last week. The company's...

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...

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...

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...

Walmart confirms possible joint deal with Microsoft to buy TikTok

Walmart has confirmed discussions with Microsoft in a possible collaborative deal to purchase the U.S. TikTok division from Chinese company ByteDance. This adds another possible...

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...

Must Read

Grease star Olivia Newton-John Remembered 

Monday morning news broke that Olivia Newton-John has died. The iconic singer was 73 years old. The legendary star of 1978’s movie musical "Grease” and...