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 lawsuit to block it. The companies…
By – Marivic Cabural SummersLatest news
Billionaire Chamath Palihapitiya invests big in climate change
Billionaire investor Chamath Palihapitiya announced on Tuesday that he just made his “biggest investment in climate change.” In…
By Rochdi RaisAlden 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…
By Colby McCoyVerizon 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…
By Jackie AllenLVMH enters into final talks with Tiffany & Co. over acquisition
A decade long rivalry is set to end as LVMH Moët Hennessy Louis Vuitton SE has entered into preliminary…
By Colby McCoyConocoPhillips to purchase shale rival Concho for $9.7 billion; shares down
ConocoPhillips (NYSE: COP) announced its plans to acquire its major shale rival Concho Resources (NYSE: CXO) for $9.7…
By Colby McCoyClover 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…
By Jackie AllenChevron-Noble deal finalized with 90 percent shareholder approval
After months of prolonged talks, Noble Energy’s shareholders voted with a sweeping majority of 90% to approve Chevron’s…
By Colby McCoyBristol Myers Squibb to Acquire MyoKardia for $13.1 Billion
Bristol Myers Squibb (NYSE: BMY) announced that it will buy MyoKardia Inc. (NASDAQ: MYOK) for $13.1 billion or…
By Sean CorlissControversial 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…
By Jackie AllenPlayboy Going Public Again After SPAC Deal
Playboy Enterprises, Inc. is hoping to arouse investors in a new way in the not too distant future.…
By Sean Corliss