itGo, a digital asset custody firm, has announced it will be suing Galaxy Digital. BitGo says that it will require over $100 million in damages from Galaxy Digital over claims that the Michael Novogra...
Tag: acquisition
BitGo To Sue Mike Novogratz’s Galaxy Digital For Backing Out Of $1.2 Billion Acquisition Agreement ⋆ ZyCrypto
Advertisement     Crypto custodian BitGo plans to pursue legal action against Galaxy Digital, the crypto-focused investment firm led by billionaire Mike Novogratz, for...
BitGo Seeks $100M in Damages After Galaxy Digital Rescinds $1B Acquisition Deal
BitGo is planning to take legal action against Galaxy Digital’s decision to terminate the acquisition of the crypto platform. BitGo is pursuing legal actions against Galaxy Digital and is seeking $100...
Galaxy Digital Terminates $1.2 Billion BitGo Acquisition Deal
The company has terminated a proposed $1.2 billion stock deal Crypto Firm Still Plans for Nasdaq Listing Quinn Emanuel is one of the world’s top-ranking global white shoe law firm Cosmic system Digita...
BitGo says it will seek over $100 million after Galaxy moves to end acquisition
BitGo has hit back against Galaxy Digital, which announced earlier Monday the termination of its plan to acquire the crypto custody firm. In a statement shared with The Block, BitGo said it “int...
BitGo to Sue Galaxy Digital for Pulling Out of Acquisition Deal
Digital asset custodian BitGo has announced it will seek $100 million or more in damages from crypto investment firm Galaxy Digital for pulling out of a deal to acquire it. Galaxy Digital earlier tod...
Galaxy Digital Pulls Plug on $1.2 Billion BitGo Acquisition
Galaxy Digital, the crypto investment firm run by billionaire Mike Novogratz, today announced it would terminate its proposed deal with crypto custodian BitGo. According to Galaxy, the firm has exerci...
BitGo to sue Galaxy Digital for $100M over dropped acquisition
Digital asset custodian BitGo said it planned to seek more than $100 million in damages from Galaxy Digital, alleging the investment firm owed the funds as part of a “reverse break fee” in its decisio...
Galaxy Digital terminates its acquisition of BitGo
Galaxy Digital announced on Monday morning that it had terminated its long-awaited acquisition of crypto custodian BitGo. It said in a release that it had made the decision following BitGo’s &#...
Galaxy Digital Pulls Out of BitGo Acquisition
Galaxy Digital said it would move on with its reorganization plans. As the new week begins on August 15th, Galaxy Digital released a press release saying it is terminating its acquisition of digital a...
Galaxy Digital Back Pedal On $1.2 Billion Deal For BitGo Acquisition, BitGo To Seek $100 Million In Damages
Galaxy Digital has announced that it’s backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy Digital Backs Out Of BitGo Deal A $1.2 billion acquisition of...
Galaxy Digital Abandons $1.2B BitGo Acquisition
After BitGo failed to provide its audited financial statements for the year 2021, Galaxy Digital announced on Monday that it has canceled the $1.2 billion proposed acquisition of the crypto custodian....
Galaxy Digital terminates acquisition of BitGo
Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) has terminated its acquisition agreement with BitGo, a digital asset custodian Galaxy announced plans to acquire in May 2021. According to details the fina...
Galaxy Digital terminates BitGo acquisition, citing breach of contract
After more than a year of efforts to acquire the digital asset custodian BitGo, Mike Novogratz’s cryptocurrency investment firm Galaxy Digital has decided to drop the acquisition. Galaxy has terminate...
FanDuel posts profitable quarter despite leaning in ‘harder’ on customer acquisition
FanDuel Sportsbook (PDYPY) reported its first quarterly profit on Friday, marking a seismic shift in the sports gambling industry. The company’s CEO Amy Howe stated the positive balance sheet came eve...
Chicken Soup Completes Redbox Acquisition, Ending a Weird Meme-Stock Tale
Text size A Redbox video rental kiosk. Justin Sullivan/Getty Images Chicken Soup for the Soul Entertainment has finished its purchase of Redbox , winding up one of this year’s strangest meme-stock ep...
Redbox Stock Plunges After Shareholders OK Chicken Soup for the Soul Acquisition
Text size Redbox shares were down 40% in recent trading. Patrick T. Fallon/Bloomberg Redbox shareholders on Tuesday approved the company’s acquisition by Chicken Soup for the Soul Entertainment . The ...
Signet Jewelers Scores A Major Win In The Strategic Acquisition Of Blue Nile
Blue Nile Showroom Justin Wallace Photography Signet JewelerSIG s just announced it signed a definitive agreement to acquire Blue Nile, a pioneering digital disruptor in the diamond jewelry business, ...
iRobot shares rise 20% after announcing an acquisition agreement with Amazon
iRobot (NASDAQ: IRBT) stock increased 20% after announcing it had executed a definitive merger agreement with Amazon (NASDAQ: AMZN) whereby Amazon will acquire the company. iRobot is well-known for ma...
Binance’s CZ clarifies position after ‘incorrect reports’ on WazirX ‘acquisition’
Binance CEO Changpeng Zhao has claimed that the company “does not own any equity” in Zanmai Labs, the parent company of Indian crypto-exchange WazirX. This, a day after India’s Enforcement Directorate...
CZ Clarifies On Binance Acquisition Of WazirX: Allegations Concerning
Hours after the scrutiny of India’s Enforcement Directorate (ED) on WazirX, Binance CEO CZ responded on its relation with WazirX. After raiding the premises of WazirX, the authorities froze the exchan...
India Freezes Crypto Exchange Wazirx’s Bank Assets — Binance Claims Acquisition of Wazirx Was ‘Never Completed’ – Exchanges Bitcoin News
A major Indian cryptocurrency exchange, Wazirx, has had its bank assets of more than $8 million frozen by the Directorate of Enforcement (ED). The exchange was supposedly acquired by Binance in 2019. ...
Coachella Acquisition That NFT.NYC Missed
Coachella acquired all ten NFTs worth $1.5 million. Coachella is a popular music festival. NFT.NYC is a leading NFT event community. It uses NFTs for the adoption of blockchain. NFT Highlight In Confe...
Calgary Flames Sign New Acquisition Jonathan Huberdeau To 8-Year, $84 Million Extension
After being acquired by trade on July 22, Jonathan Huberdeau has inked an eight-year contract … [+] extension with the Calgary Flames. (Photo by Sean M. Haffey/Getty Images) Getty Images Fear no...
Cboe reports $460 million write-down on ErisX acquisition
During its second-quarter earnings call on Friday, exchange operator Cboe reported a $460 million write-down on its recent purchase of ErisX, a crypto asset exchange acquired by the firm in May to hel...
Microsoft negs Activision Blizzard to push through $68.7 billion acquisition
Microsoft is taking an interesting approach to secure regulatory approval for its acquisition of Activision Blizzard. In a recent filing spotted by Rock Paper Shotgun, the company told New Zealand’s C...
HUMANS Launches Network-to-Earn Platform to Reinvent Talent Acquisition
P2P, Superdao, and 3Commas are amongst global web3 companies already using the HR tech startup to secure top blockchain and crypto talent. A global shortage of blockchain and crypto talent is slowing ...
Twitter: $ 33 million for Musk acquisition
Twitter said it spent more than $33 million in the second quarter of 2022 on the proposed acquisition it received from Elon Musk. Musk’s acquisition is costing Twitter more than $30 million The acquis...