Tag Archives: bid

When Tesla (TSLA) reports earnings on Wednesday, all eyes won’t be on whether Elon Musk comments on his bid for Twitter on the earnings call (or if he is even on the call) but rather how big of a hit the company will experience due to a Shanghai factory production shutdown. “With Berlin and Austin key factories now online and producing Model Y’s in a quickly ramping pace, the main question for tomorrow is just how bad the China production issues are and what that means for deliveries in 2Q… Source link

Apollo Global Management is thinking about taking part in a bid for Twitter, a Wall Street Journal report said Monday (April 18). This comes after the $43 billion bid from Elon Musk, the current richest man in the world and the CEO of Tesla. Twitter, despite being a popular platform, has had issues trying to grow, the report said. Apollo is one of the biggest buyout firms in the world. It has held discussions already about backing a potential deal for Twitter. That could give Musk or someone… Source link

Elon Musk says he is a free-speech absolutist.Jae C. Hong/AP Elon Musk, who has a 9.2% stake in Twitter, is no longer its largest shareholder. Vanguard Group said its funds now own a 10.3% stake, according to a recent SEC filing. Musk said on Thursday he’s “not sure” if his $43 billion takeover bid for Twitter will be successful. Elon Musk has lost his position as Twitter’s largest shareholder as he attempts to buy the company in a $43 billion deal. The Tesla and SpaceX boss said in early April… Source link

Elon Musk’s big bid to buy all of Twitter has probably awakened numerous executives inside of Google and Meta, said tech titan and Dallas Mavericks owner Mark Cuban. “Every major tech company, Google, fb, et al is on the phone with their anti trust lawyers asking if they can buy Twitter and get it approved. And Twitter is on the phone with their lawyers asking which can be their white knight. Gonna be interesting,” Cuban said in a new tweet on Thursday. Yahoo Finance reached out to Mark Cuban… Source link

(Reuters) -Spirit Airlines would start talks with JetBlue Airways Corp on its $3.6-billion offer, the budget carrier said late on Thursday as it could likely lead to a “superior proposal” to the one from Frontier Group Holdings. JetBlue made an unsolicited offer of $33 per share in cash earlier this week, beating a near $25 per share cash-and-stock bid from Frontier made in February. “We look forward to engaging with the Spirit Board to finalize our combination, to create a national low-fare… Source link

(Bloomberg) — JetBlue Airways Corp. offered to buy budget carrier Spirit Airlines Inc. for $3.6 billion, potentially spoiling a competing bid by rival Frontier Group Holdings Inc. and reshaping the landscape for ultra-low-cost air travel. Most Read from Bloomberg Spirit said Tuesday it received an unsolicited proposal from JetBlue to buy outstanding shares for $33 apiece in cash. Spirit will work with financial and legal advisers to evaluate the offer, according to a statement. The surprise… Source link

NEW YORK/WASHINGTON (Reuters) -The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars. Under sanctions put in place after Russia invaded Ukraine on Feb. 24, foreign currency reserves held by the Russian central bank at U.S. financial institutions were frozen. But the Treasury Department had been allowing the… Source link

After his program came devastatingly close to its first Sweet 16 in 54 years, TCU men’s basketball coach Jamie Dixon tried his best not to blame the loss on the referees. Not once did he complain about the disputed no-call that robbed his team of the chance to potentially finish off top-seeded Arizona at the free-throw line. “I mean, I think everybody’s seen it and is talking about it,” Dixon said when reporters asked if he thought a foul should have been called. “We’re gonna handle it the… Source link

Creighton gave Kansas a run on Saturday. But in the end, Kansas prevailed to avoid becoming the second No. 1 seed from the Big 12 to fall in as many games with a 79-72 victory in the men’s NCAA tournament. With the win, Kansas joined North Carolina in the Sweet 16 after UNC’s defeat of Baylor earlier Saturday. The Jayhawks and No. 9 seed Blue Jays played a back-and-forth first half that saw nine lead changes and four ties before Kansas entered the break with a 39-38 edge. The game remained… Source link

Welcome to March, David Jean-Baptiste. The Chattanooga senior guard set a ridiculously high bar for 2022 madness with a wild 3-point heave to secure the Mocs’ place in the NCAA field on Monday. Frantic finish in SoCon final With 4.3 seconds remaining in overtime, Chattanooga inbounded the ball under its own basket trailing Furman in the Southern Conference championship game, 63-61. Jean-Baptiste corralled the inbounds pass and didn’t give it up until he’d secured victory. He dribbled the ball… Source link