Japan’s Toshiba Corp. said on Wednesday it received an acquisition proposal from private equity firm CVC Capital Partners, in a deal that could be valued at more than $ 20 billion if …
Read More »Patreon’s valuation triples to $ 4 billion as the platform attracts creators and fans
Patreon Inc., an online platform that connects musicians and other creators with fans, was valued at $ 4 billion in its latest investment round, more than triple its value since September, as …
Read More »GameStop’s 53% rise fueled by a 3-to-1 buy / sell ratio as the multitude of ‘meme’ stocks got emboldened
Call it the revenge of meme actions. After taking a beating during the first three days of the week, GameStop Corp. GME shares, + 52.69% skyrocketed Thursday, aided by retailers who remain …
Read More »Leon Black resigns as Apollo chairman in unexpected move
Leon Black, Billionaire Co-Founder of Apollo Global Management Inc., APO 2.16% He resigns as chairman of the investment giant in an unexpected move that is the latest in a governance review sparked …
Read More »Blackstone’s hedge fund business to launch growth strategy
The world’s largest hedge fund investor has hired former hedge fund manager Scott Bommer to launch a new growth strategy, a move aimed at expanding Blackstone BX. -1.18% Group Inc.’s hedge fund …
Read More »Blackstone and Starwood Capital Partner to Purchase $ 6 Billion Extended Stay for Hotel Operators
Blackstone Group Inc. and Starwood Capital Group have agreed to acquire hotel owner and operator Extended Stay America Inc. for $ 6 billion, a bet that a rare bright spot for the …
Read More »Coupang is the Amazon.com of South Korea, but maybe even better.
A Coupang employee unloads an eco-friendly bag carrying fresh food from a delivery truck in Bucheon, South Korea. The e-commerce company has launched its initial public offering. SeongJoon Cho / Bloomberg Text …
Read More »JPMorgan jumps to Greensill Fray, hampering Apollo talks
JPMorgan Chase JPM -0.71% & Co. is making a play for some of Greensill Capital’s clients, according to people familiar with the matter, revoking an offer from Apollo Global Management. Inc. APO …
Read More »Roblox Direct Listing Gets $ 45 Reference Price From NYSE
Roblox Corp. RBLX, It hit a reference price of $ 45 a share on the New York Stock Exchange Tuesday night, as the teen-focused gaming platform prepares to go public via direct …
Read More »Shutterfly in talks to go public through SPAC merger
Shutterfly Inc. is in talks to go public through a merger with a blank check company, according to people familiar with the matter, less than two years after Apollo Global Management Inc. …
Read More »