Leading US cryptocurrency exchange Coinbase is reportedly in talks to purchase BtcTurk, a digital asset trading platform based in Turkey. In a new report, Turkish publication Webrazzi says that Coinba...
Tag: acquisition
Trump’s Digital World Acquisition plummets 12% to a 6-month low as Musk reaches Twitter deal
Donald Trump’s Special Purpose Acquisition Company (SPAC), Digital World Acquisition (NASDAQ: DWAC) which is taking Trump’s social media company public dropped 12% on April 25. This loss comes as a r...
Dogecoin Skyrockets after Musk Announces Acquisition of Twitter for around $44bn
Dogecoin was last up to more than 20% after Elson Musk, the new boss of Twitter officially announced the acquisition of the social media platform for $54.20 per share (about $44 billion in total). Tw...
Carvana to offer $2.275 billion in 8-year junk bonds to fund acquisition of Adesa’s auction business
Car selling platform Carvana Co. CVNA, -6.76% said Monday it is offering $2.275 billion in senior unsecured high-yield bonds that mature in 2030. The company will use the proceeds, along with $1 billi...
Twitter Now More Open To Negotiating With Elon Musk On Acquisition, Report Says
Topline Twitter is re-examining Elon Musk’s offer to buy the social media company and has grown more willing to negotiate with the billionaire, the Wall Street Journal reported Sunday, days after the ...
Coinbase Prepares for Acquisition of Turkish Exchange BtcTurk in $3.2B Deal
Crypto exchange Coinbase is now looking to step into Turkey and is reportedly in the final stage of closing its acquisition deal of BtcTurk. Crypto exchange Coinbase Global Inc (NASDAQ: COIN) has been...
Robinhood coming to Europe through acquisition of UK crypto firm Ziglu
Robinhood, a significant exchange based in the US, has acquired a small UK crypto firm, Ziglu, for an undisclosed fee. The move marks Robinhood’s first step towards opening operations within the UK, a...
Robinhood Renews European Expansion With UK Crypto Acquisition
Robinhood Markets is set to acquire U.K. crypto company Ziglu for an undisclosed figure. The U.S. trading platform’s eventual plans to integrate Ziglu marks the expansion of its operations into Europe...
Second acquisition for WonderFi in terms of crypto exchange –
Crypto exchange will be brought again by WonderFi in Canada It will give it a 33% portion of the overall industry and move rapidly after its last securing set a trend The groups expect the administra...
Animoca Brands Announces Acquisition of Be Media
In an effort to enhance its operations in the growing market of Australia, Animoca Brands today announced that the company has decided to acquire Be Media, an Australian digital marketing agency found...
With the acquisition of Bow Tie, AMC Theatre will operate in Connecticut, Maryland, and NY
Movie theatre chain AMC Entertainment has made a deal after which it will now expand its reach to several other regions of the country. AMC Theaters, the world’s largest movie theatre chain, has made ...
D.R. Horton announces acquisition of Vidler Water Resources
America’s builder, D.R.Horton Inc (NYSE: DHI), announced a purchase agreement whereby it’ll acquire Vidler Water Resources (NASDAQ: VWTR). The two companies executed a definitive merger agreement wher...
The Highest Bid for Jack Dorsey’s First Tweet NFT 99.6% Lower Than Acquisition Price
Twitter founder Jack Dorsey’s first-ever tweet was bought as an NFT by the crypto entrepreneur Sina Estavi for $2.9 million last year. In 2022, Estavi aims to get the NFT sold at $50M or more – as of ...
The Airbnb acquisition that could be key to its post-pandemic playbook
HotelTonight CEO Sam Shank Ben Robertson In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Like many mobile-first, on-demand service-base...
PolySign Announces Acquisition of MG Stover
With an aim to enhance the efficiency of digital asset infrastructure available to institutional investors, PolySign confirmed yesterday that it had signed an agreement to acquire MG Stover, one of th...
Late-Stage Biopharmaceutical Sierra Oncology announces acquisition by GSK
Sierra Oncology (NASDAQ: SRRA) shares traded significantly higher after announcing the acquisition by GlaxoSmithKline PLC (LON: GSK) for $55 a share in cash. That represents a total equity value of $1...
Here’s where LFG’s sustained acquisition of Bitcoin is leaving LUNA
Currently ranked as the 9th biggest crypto-asset in terms of market capitalization, Terra’s LUNA does not appear to be performing all that well. Following the bloodbath that plagued cryptocurrency mar...
Datto is up 20% after announcing the Kaseya acquisition agreement
Datto (NYSE: MSP), a top provider of cloud-based and security software options for MSPs, and Kaseya, a leading provider of security and IT management software for SMBs and MSPs, announced that they ha...
Animoca Drives into Crypto Racing Games With Latest Acquisition
Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racing games. Eden Games is a Fra...
What Does the Pensando Acquisition Mean for the Stock? Wells Fargo Weighs In
With the ink having barely dried following the Xilinx acquisition, last week, Advanced Micro Devices (AMD) disclosed that it intends to bring networking startup Pensando under the fold, in a deal said...
These two pandemic darlings could now be acquisition targets
Zoom Video Communications Inc (NASDAQ: ZM) and DocuSign Inc (NASDAQ: DOCU) have tanked roughly 65% since early September 2021, which makes both an attractive acquisition, as per RBC Capital’s Rishi Ja...
Why is Pluto Digital Acquisition by NFT Investments PLC not happening?
UK based blockchain firm was intended to acquire a defi infrastructure building firm Pluto Digital in 96 million pounds, but now it’s backing off NFT Investments PLC announced on Friday that it ...
NFT Investments PLC mulls £96M acquisition of Pluto Digital
On Friday, NFT Investments PLC, a U.K.-based blockchain firm that invests in companies operating in the nonfungible tokens, or NFTs, space, announced that it would no longer pursue a 96 million pound ...
WAGMI United dreaming of domestic promotion following Crawley Town acquisition
Following an unsuccessful venture in purchasing English football team Bradford City F.C. in December 2021, WAGMI United — an innovative Web3 brand utilizing blockchain mechanics and the global sportin...
Bolt To Accelerate Mainstream Bitcoin Adoption With Wyre Acquisition
Payments provider Bolt has announced plans to acquire cryptocurrency infrastructure provider Wyre to allow its customers to have more access to Bitcoin and the NFT space. The acquisition deal is sched...
Bolt to enable Bitcoin and NFT access via Wyre acquisition
San Francisco-based e-commerce startup Bolt is moving into cryptocurrencies and nonfungible tokens (NFTs) by acquiring fiat-to-crypto and payment infrastructure firm Wyre. According to a joint announc...
Formula 1, WWE and UFC are potential acquisition targets for streaming services
(L-R) Conor McGregor of Ireland punches Dustin Poirier in a lightweight fight during the UFC 257 event inside Etihad Arena on UFC Fight Island on January 23, 2021 in Abu Dhabi, United Arab Emirates. C...
Here is why AMD is spending $1.9 Billion on this acquisition
Advanced Micro Devices (NASDAQ: AMD) had entered a definitive agreement for the acquisition of Pensando for around $1.9 billion, subject to working capital plus other adjustments. Pensando distributed...
Equinix Completes $320 Million Acquisition of MainOne
Nasdaq-listed digital infrastructure company, Equinix today announced the completion of MainOne’s acquisition. Last year, Equinix announced that the company will acquire the Lagos-headquartered firm f...
BitMEX lays off 75 employees after bank acquisition collapses
Crypto exchange BitMEX has laid off about a quarter of its staff globally just days after abandoning plans to acquire a German bank. The company — which is owned by 100x Group — currently employs roug...