Tag: Corporate actions

Clearlake Capital buys Quest from Francisco . Partners

Clearlake Capital Group LP said it has entered into a deal to acquire Quest Software Inc. from Francisco Partners in the latest sign of private equity firms’ appetite for software. The deal values ​​Quest at…

The housing gang is back together for another bankruptcy

When the Supreme Court ruled last year that the director of President Trump’s Federal Housing Finance Agency could be fired without cause, many of us who follow housing policy knew what was to come. The…

Kathy Wood’s ARK Funds bought Robinhood and Exact Sciences, sold to Tesla.

Text size Mobile Phone Trading Application Robinhood logo AFP via Getty Images Cathie Wood’s ARK has sold most of its stock. Tesla , And snatch shares in online brokers Robin Hood Markets , An email…

What is inflation? Small investors pile into flashy growth stocks

Conventional wisdom on Wall Street says that inflation hurts growth and technology stocks. Many small investors do not care. Individual investors continue to scramble for growing stocks, the kinds of roaring stocks that have enjoyed…

Paytm Flop Will Flop From India’s IPO Market

India’s largest IPO ever was a failure. This inflamed market sentiment may give a much needed reality check – but it is unlikely to derail the IPOs of many self-defending Indian unicorns. Shares of SoftBank…

Li Cen companies poison pills to protect against Alden’s takeover

Lee Enterprises Inc. said. Its board of directors approved a shareholder equity plan, also known as the poison pill, that would prevent hedge fund Alden Global Capital LLC from acquiring more than 10% of the…

Elon Musk sells last $1 billion of Tesla stock; Almost $10 billion was sold this month

Elon Musk has continued to sell Tesla Inc. shares. On Tuesday, he sold another 934,000 shares for $1.05 billion. According to the filings with the file Guarantees And exchange A committeeMusk made the sale after…

Zoom Video stock is at risk of a record sell-off as nearly half of analysts cut their post-earnings target

Shares of Zoom Video Communications Inc. toward its first close below $200 in 18 months on Tuesday in the wake of third-quarter financial results, with some Wall Street analysts expressing concern about customer growth even…

Merck seals deal for Acceleron Pharma, largest biotech merger of the year

font size The deal will give Merck a drug called sotatercept, an experimental treatment for a rare, and sometimes fatal, cardiovascular condition called pulmonary arterial hypertension. dream time merck It said it has completed the…

WeWork bounce after CEO bought shares on the open market

font size WeWork shares have gone public through a special purpose acquisition company. Olivier Doolery/AFP via Getty Images WeWork shares traded higher on Monday after CEO Sandeep Matherani reveal An open market purchase of the…

El Salvador will issue a Bitcoin Bond in 2022

El Salvador plans to issue $1 billion in bonds next year backed by bitcoin, the latest attempt by the economically stressed Central American country to attract crypto capital. The country became this year The first…

Hillman, Bain Lead $17 Billion Deal for Athenahealth

font size More than 140,000 health care providers in 50 states use the athenahealth program. Ammentorp / Dreamstime Bain Capital and Hellman & Friedman are leading a group of investors to buy Athenahealth, a healthcare…

Alden Global looks to buy newspaper publisher Lee Enterprises

New York hedge fund and Alden Global Capital LLC Consolidated American Newspapers have submitted a proposal to make Lee Enterprises Inc. A private company in a deal that values ​​the company at about $141 million.…

Rivian shares give up IPO gains. Blame Ford and Tesla.

font size Rivian stock has been very volatile since its IPO. Courtesy Rivian stock in Rivian Cars It goes down again, probably because Ford Motor And start the electric truck He said Friday evening They…

Berkshire Hathaway Inc. stock rose. Cl B on Monday, outperforming the market

Shares of Berkshire Hathaway Inc. Cl B BRK.B, + 1.78% It rose 1.78% to $284.97 on Monday, in what proved to be an overall mixed trading session for the stock market, with the Dow Jones…