Tag Archives: sells

After years of construction, a foreclosure and a bankruptcy, the Bel-Air mega-mansion known as ‘The One’ has been sold. (Allen J. Schaben / Los Angeles Times) The mega-mansion known as “The One” sold Thursday for $126 million at a bankruptcy auction. That’s a huge discount from its $295-million listing price, even with a 12% auction fee bringing the total to about $141 million. The Bel-Air property set a record for the costliest house sold at auction, but it fell well short of the California… Source link

Mike Cole insists that, until a few months ago, he gladly would have accepted $500 in exchange for his unused ticket to Michael Jordan’s 1984 NBA debut. Thankfully for him, nobody ever made him that low-ball offer. A ticket that Cole stashed for years in his basement alongside some other old keepsakes turned out to have more than just sentimental value. It was one of two tickets that nearly doubled the previous record for the most expensive vintage sports ticket when their auctions closed… Source link

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for January 4, 2022! Yesterday we noted that startup news was kicking off the year a little light, but that that would change quickly. And change it has. In the following we have IPO news, robot news, canned-water startup news, acquisitions and more. Let’s go! —Alex The TechCrunch Top 3

Investment company Next Gen Emerging Markets Portfolio (Current Portfolio) buys Yandex NV, Grid Dynamics Holdings Inc, LPP SA, Unity Software Inc, Sea, sells Krka d.d., Saigon Beer Alcohol Beverage Corp, Delivery Hero SE, Network International Holdings PLC, Halyk Savings Bank of Kazakhstan JSC during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Next Gen Emerging Markets Portfolio. As of 2021Q3, Next Gen Emerging Markets Portfolio owns 39 stocks… Source link

The auction of Bill Russell memorabilia was a runaway success.  The 87-year-old civil rights icon and 11-time NBA champion auctioned over 400 items from his long and storied career at the TD Garden on Friday. When the auction closed and the dust settled, the total came to over $5 million. In fact, the top 18 items in the auction brought in over $5.3 million just on their own.  The biggest seller was the jersey Russell wore at Game 7 of the 1969 NBA Finals against the Los Angeles Lakers. That… Source link

Belarusian national operator Beltelecom has expanded a joint promotion with Russian internet group Yandex. Subscribers of the operator connecting to the service Yandex.Plus are offered three months subscription free. The monthly plan then costs BYN 5.49. The promotion can be activated until 31 December. Source link

Microsoft CEO Satya Nadella at the company’s shareholders meeting in 2015. (GeekWire File Photo.) Microsoft CEO Satya Nadella sold half of his stake in the company in a series of transactions last week, divesting about 840,000 shares for a sum of more than $285 million, according to a regulatory filing. Nadella sold the shares “for personal financial planning and diversification reasons,” the Redmond-based company said in a statement Monday afternoon. “He is committed to the continued… Source link

  Uber (UBER) is selling its equity stake in the two joint ventures it created with Yandex to Yandex for possibly around $2.8 billion in cash, which is above the $1 billion carrying value that Uber reported at the end of the second quarter. While this transaction will improve the firm’s liquidity position, it will not impact our $69 fair value estimate of this narrow-moat and 4-star stock. Uber will receive $1 billion by the end of this year for all its holding in an autonomous joint… Source link

Adidas (ADDYY) has reached an agreement to sell Reebok to Authentic Brands for nearly $2.5 billion, in a majority cash deal. The German sports retailer bought Reebok in 2006 for $3.8 billion to help compete against Nike (NKE). However, after 15 years of lower-than-expected sales, its ready to part ways with the American brand. “Reebok has been a valued part of Adidas, and we are grateful for the contributions the brand and the team behind it have made to our company. With this change in… Source link

By Sam Nussey and Shinji Kitamura TOKYO (Reuters) -Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday. The sale comes as the bicycles-to-hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise cash for investing in growth. Panasonic’s battery business is dominated by Elon Musk’s Tesla, but the two firms have had a tense relationship at… Source link