Tag Archives: purchase

By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc’s $11.6 billion takeover of Alleghany Corp, its largest acquisition in six years, even as he balked at paying the insurer’s banking fee, a regulatory filing on Monday shows. Alleghany said its Chief Executive Officer Joseph Brandon met with Buffett for dinner in New York City on March 7, where after some “casual conversation” Buffett offered $850 per share in cash for the… Source link

The Central St Giles building in London. DavorLovincic | iStock Unreleased | Getty Images Google has bought a colorful office space in London for $1 billion while it waits for building work on its heavily-delayed U.K. headquarters to be completed. The internet giant announced Friday that it has acquired all of the Central St. Giles building, where it already occupies a number of floors, in London’s West End. “Our investment in this striking Renzo Piano-designed development represents our… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, January 12, 2022 Take-Two’s acquisition of Zynga gives its mobile arm the size to fight Apple’s privacy changes Take-Two Interactive’s (TTWO) $12.7 billion acquisition of mobile gaming giant Zynga (ZNGA) announced this week means the company behind “Grand Theft Auto” and the maker… Source link

Michael Burry dumped just about everything in Q3 to guard against the ‘mother of all crashes’ — but he did purchase 3 interesting new holdings Hedge fund manager Michael Burry of “The Big Short” fame has been a busy man lately. In addition to his non-stop shadowing (and shading) of Tesla CEO Elon Musk on Twitter, Burry has also been selling off shares. A lot of them. In Q3 of 2021, he reduced his common stock holdings from $137 million to $42 million. That’s because Burry believes the… Source link

Google bought Fitbit in January, but for U.S. and Australian regulators, it’s not a done deal. The U.S. Department of Justice and the antitrust-focused Australian Competition and Consumer Commission are still investigating the $2.1 billion deal, according to Rod Sims, who heads the Australian regulatory agency. Sims explained Friday that his agency was still determining whether the deal presents privacy issues regarding the tech giant’s huge store of consumer… Source link

Epic Games Epic Games keeps piling up lawsuits with app store owners. This time, Google is countersuing Epic for breach of contract. Epic vs. Apple/Google View more stories Epic signed contracts with both Google and Apple, pledging to use the default payment systems for in-app purchases. As part of its push for more open payment systems, though (and to dodge each platform’s 30 percent fee), Epic boldly 

The move comes even as the company embracing a hybrid work model because of the pandemic. Google said Tuesday that the new office will be an “anchor” of its sprawling city campus that houses much of its 12,000-strong regional workforce. It’s scheduled to open in mid-2023. The Wall Street Journal, which first reported the news, wrote that the deal is the most expensive sale of a single US office building since the onset of the Covid-19 pandemic, and ranks as one of the priciest ever in US… Source link

A rendering of St. John’s Terminal with Google CEO Sundar Pichai (COOKFOX Architects, Getty) Google announced Tuesday it was expanding its office inventory in the city with the purchase of 550 Washington Street for $2.1 billion. The tech giant already leased space at the property, called St. John’s Terminal, from Oxford Properties, the Wall Street Journal reported, and will be exercising an option to buy the building, which the company said it expects to do in the first quarter of… Source link

BOULDER, Colo. (CBS4)– Google is expanding its real estate in Boulder. The company purchases another building near Pearl Street. Google’s Boulder Campus (credit: CBS) Reve Boulder is a mixed-use development at 30th and Pearl. It will soon be turned into an extension of Google’s nearby campus. (Photo by Adam Berry/Getty Images) Google has been in Boulder since 2006 and said it is excited to be growing its presence in Colorado. Source link

Bloomberg Novogratz Says Bitcoin Risks Being Under Pressure for Weeks (Bloomberg) — Bitcoin is likely to remain under pressure for weeks after tumbling about 35% since hitting a record high last month, according to one of the biggest investors in the largest cryptocurrency.“I think we are going to consolidate for a while, four to six weeks,” Michael Novogratz, chief executive officer of Galaxy Digital LP, said in an interview, calling a $40,000-to-$50,000 price range fair.Bitcoin fell as… Source link