Tag Archives: buyout

[unable to retrieve full-text content]U.S. Steel shareholders approve $14.9 billion buyout by Nippon Steel  Yahoo Finance Source link

Google and Nvidia have contacted US financial regulators about Microsoft’s proposed $69bn takeover of Activision Blizzard, according to Bloomberg (paywall). Sources told the website both Google and Nvidia had “expressed concerns” to the Federal Trade Commision (FTC), which sued to block the deal in December. The FTC has argued the buyout, which would grant Microsoft ownership of the likes of Call of Duty, World of Warcraft and Candy Crush, would reduce competition… Source link

The Houston Rockets paid a healthy John Wall $44.3 million to sit on their bench last season. (Carmen Mandato/Getty Images) John Wall’s strange tenure with the Houston Rockets is coming to an end. The Rockets have agreed to a buyout of the final year of Wall’s massive contract, sources told Yahoo Sports, paving the way for the five-time All-Star to resurrect his career with a competitive team. Wall’s agent Rich Paul, CEO of Klutch Sports, is meeting with Rockets general manager Rafael Stone… Source link

Maja Hitij/Getty Images A Twitter investor is suing Elon Musk for market manipulation for his tweets about the buy being “on hold.” The complaint was filed in California on Wednesday. “Just because your name is Business Insider Trading doesn’t mean you should project that on others!” Musk told Insider in an email. A Twitter shareholder is suing Elon Musk and Twitter over Musk’s tweets following his agreement to buy the company last month. The proposed class-action suit, filed in a federal… Source link

Elon Musk.Andrew Kelly/Reuters Twitter said on Tuesday it plans to complete its $44 billion merger agreement with Elon Musk. This is despite Musk’s apparent hesitation in recent days to go ahead with negotiations. Both parties had agreed to rules that ensure the deal closes, including a clause that forces a completion. Twitter said it plans to complete its $44 billion merger agreement with Elon Musk, even as the Tesla CEO appears to dither on the deal. “Twitter is committed to completing the… Source link

By Jonathan Stempel (Reuters) – Elon Musk and Twitter Inc were sued on Friday by a Florida pension fund seeking to stop Musk from completing his $44 billion takeover of the social media company before 2025. In a proposed class action filed in Delaware Chancery Court, the Orlando Police Pension Fund said Delaware law forbade a quick merger because Musk had agreements with other big Twitter shareholders, including his financial adviser Morgan Stanley and Twitter founder Jack Dorsey, to support… Source link

AHL’s San Diego Gulls to Debut Facial Ticketing and Concession Payments By Andrew Cohen April 20, 2022 The American Hockey League’s San Diego Gulls will debut facial recognition ticket admission and concession payments for tonight’s game against the Abbotsford Canucks at Pechanga Arena in San Diego. The deployment is the first of its kind through a partnership between facial verification company PopID and ASM Global, which operates more than 300 sports and entertainment… Source link

The Google name is displayed outside the company’s office in London, Britain November 1, 2018. REUTERS/Toby Melville Register now for FREE unlimited access to Reuters.com Register Jan 4 (Reuters) – Alphabet Inc-owned (GOOGL.O) Google said on Tuesday it has acquired Israeli cybersecurity startup Siemplify, at a time when there has been a significant rise in cyber attacks and data breaches. Since the pandemic started in 2020, Google’s revenue from the cloud business nearly doubled to around $5… Source link

MOSCOW, December 21. /TASS/. Yandex has closed the deal of buying out the Uber stake in Yandex food, online store, delivery, and self-driving services totaling $1 bln, the press service of the Russian technology company told TASS. “Yandex has closed the deal of buying out the Uber stake in Yandex.Eats, Yandex.Lavka, Yandex.Delivery, and the self-driving service” the company said. Yandex and Uber will continue joint development of taxi ordering, car-sharing, and kick scooter hire services,… Source link

(Bloomberg) — For 110 years, four generations of Mills family members earned their money by expanding their great-grandfather’s Chicago apron business into a medical supplier that ranked among the nation’s largest private companies. But soon after Democrats turned their attention toward raising taxes for the wealthy this year, the family signed a deal to cash out billions. It was no coincidence, according to people close to the more-than $30 billion transaction, which sold part of Medline… Source link