Did Binance just do what we think it did? The world’s biggest cryptocurrency exchange by trading volume will likely buy one of its biggest competitors. The market was in turmoil, the players were in p...
Tag: Buyout
Solana, FTT Bounce Hard on Binance Buyout, Then Crash Harder
Sam Bankman-Fried’s Twitter account has posted a thread claiming that Binance has bought FTX, the exchange that he had built into a global crypto titan. FTX’s native token, FTT, is soaring following d...
Troubled Crypto Exchange Zipmex on the Verge of Venture Capitalist Buyout: Report
Embattled crypto exchange platform Zipmex is reportedly on the verge of being purchased by a venture capitalist firm. According to a new report by Bloomberg, the Singapore-based digital assets exchang...
Sam Bankman-Fried May Cashout Up To $100M from Twitter Buyout
Sam Bankman-Fried, the billionaire founder and Chief Executive Officer of FTX Derivatives Exchange is set to cash out as much as $100 million following the completion of the acquisition of Twitter by ...
Coin98 Adds Fiat Buyout For Multiple Crypto’s Including SHIB
52 seconds ago | 2 mins read Altcoin News Simplex is powered by Nuvei, a leader in global payments technology. Coin98 gives its customers access to a non-custodial multi-chain wallet. Coin98, an all-i...
Dogecoin Jumps 35% As Elon Musk Finalizes Twitter Buyout
Dogecoin once again proved its strong ties with self-proclaimed “Dogefather” Elon Musk who highlighted his Twitter takeover on Thursday evening with reports of him firing key officials of the social m...
Elon Musk Will Close The Buyout of Twitter By This Friday: Report
Musk is about to close the acquisition of Twitter by this Friday. In the Monday Conference Call with the bankers, Musk pledged about his Twitter acquisition. On October 24, 2022 (Monday) Elon Musk, in...
AEW, CM Punk Reportedly Discussing Contract Buyout
CM Punk’s last AEW appearance took place at September’s All Out. All Elite Wrestling CM Punk, as expected, may be done with AEW for good. According to a report from the Wrestling Observer ...
CM Punk’s Potential WWE Return Is A Bad Idea Amid AEW Buyout
Triple H and CM Punk in 20111. Credit: WWE.com CM Punk’s last two stints in national pro wrestling companies were both remarkable and, ultimately, disastrous. Punk is currently in the midst of a drama...
Is Justin Sun’s huge Huobi stash linked to $3 billion buyout?
Controversial Tron founder Justin Sun has claimed that he owns “tens of millions” of Huobi Tokens (HT), leading to yet more speculation around his role within the Hong Kong-based exchange. Sun has rep...
Nutanix stock rockets toward a 5-month high after WSJ report of buyout interest
Shares of Nutanix Inc. NTNX, +0.76% soared 20.2% toward a five-month high in premarket trading Friday, after The Wall Street Journal reported that the cloud services company has received buyout intere...
Elon Musk renews bid to purchase Twitter: Reports
Billionaire Elon Musk renewed a bid to purchase the social media platform, Twitter, at $54.20 per share, an unidentified source revealed in a report by Bloomberg. In the latest turn in the Twitter own...
Elon Musk to Proceed With Twitter Buyout
Tesla CEO Elon Musk reportedly proposes buying Twitter for $54.20 per share, sending Dogecoin (DOGE) price soaring 10%. Update 4 Oct. 21:10UTC: Twitter have acknowledged Musk’s offer and appear to be ...
Elon Musk confirms proposed buyout for Twitter
New twist in the controversial issue related to Elon Musk’s April bid to buy Twitter. News on Elon Musk and his takeover of Twitter In yet another sensational twist to which this figure has accustomed...
Twitter Buyout Revives $12.5 Billion Headache for Wall Street Banks
(Bloomberg) — Elon Musk’s shock proposal to proceed with his acquisition of Twitter Inc. for the original offer price poses a headache at the worst possible time for Wall Street banks already st...
Elon Musk Renews Twitter Buyout Offer
Key Takeaways Elon Musk reportedly wrote to Twitter to declare that he was interested in buying the company after all. Musk suggested that he could acquire the company for $54.20 a share, the price or...
LogicBio’s stock skyrockets after buyout bid for a 667% premium
Shares of LogicBio Therapeutics Inc. LOGC, +644.44% skyrocketed more than seven-fold (up 643%) in morning trading, to bounce off the previous session’s record low, after the genetic medicine com...
Purple Innovation confirms buyout bid that values mattress seller at about $362 million
Shares of Purple Innovation Inc. PRPL, +39.86% rocketed 32.6% in premarket trading Monday, after the mattress and bedding seller confirmed that it received an “unsolicited” buyout bid from...
BitGo Slaps Galaxy Digital With $100 Million Suit After Scrapping Buyout Deal
BitGo, a California-based digital asset financial services company, posted a tweet confirming the $100-million lawsuit against Galaxy Digital for breaching its $1.2 billion-merger agreement. The compl...
Musk’s $44 billion buyout of Twitter accepted by shareholders ahead of trial
Twitter Inc, shareholders voted to approve a proposed $44 billion buyout of the company by billionaire Elon Musk, Bloomberg reported. A preliminary vote held Tuesday saw a majority of shareholders sup...
Twitter Shareholders Approve Musk Buyout Offer: Report
The vote comes two weeks after a filing that showed the Telsa CEO had sent a second letter calling off his acquisition efforts. Musk initially offered to acquire Twitter in April, backed out the follo...
Bolt Financial Scraps $1.5B Buyout Deal for Crypto Firm Wyre
Bolt said that they will continue with their commercial partnership with Wyre while putting greater focus on their key areas of competence. San Francisco-based technology firm Bolt Financial announced...
Crypto Lender SALT in Buyout Talks, 2 Years After SEC Settlement
Bnk to the Future is looking to bounce back after backing failed crypto lender Celsius SALT settled SEC charges in September 2020 over its $47 million token sale Crypto lender SALT is eyeing a buyout ...
Read the Letter Elon Musk Sent to Twitter With More Reasons to Terminate His Buyout
(Bloomberg) — Elon Musk sent a letter to Twitter detailing additional reasons to terminate his $44 billion takeover deal. Most Read from Bloomberg In a filing on Tuesday, lawyers on behalf of Mu...
Unity Stock Tumbles After Board Rejects AppLovin’s $17.5 Billion Buyout Bid
Text size Unity Software doesn’t think AppLovin’s offer was in the best interests of its shareholders. David Paul Morris/Bloomberg Videogaming company Unity Software on Monday rejected Ap...
Unity Board Opposes AppLovin’s $17.5 Billion Buyout Offer
Updated Aug. 15, 2022 10:48 am ET Listen to article (2 minutes) Unity Software board has unanimously agreed that the $17.5 billion buyout offer from AppLovin isn’t in the best interests of shareholder...
Prem Watsa Bulks Up Atlas Stake Following Buyout Offer
Summary The position was increased 4.81%. The asset manager received an offer to take it private earlier this month. Billionaire investor Prem Watsa (Trades, Portfolio), the leader of Fairfax Financia...
Ripple Is Exploring a Buyout of Celsius’ Assets
Key Takeaways Ripple is exploring the possibility of buying Celsius’ assets, according to statements from a Ripple representative. Celsius has not publicly commented on the matter, nor is it cle...
Voyager Digital Chapter 11: Analyzing FTX’s Proposal
July 25, 2022, 1:06PM EDT • 3 min read Quick Take FTX Trading, West Realm Shires and Alameda partnering together to purchase Voyager’s digital assets and digital asset loans Offer excludes all loans i...
Voyager Says FTX’s Buyout Offer Was Misleading “Low-Ball Bid,” SBF Fires Back
Key Takeaways Voyager’s bankruptcy lawyers have responded to FTX’s buyout proposal to purchase the exchange’s assets and give customers instant liquidity by describing the offer as h...
Struggling Zipmex exchange in negotiations over a buyout offer
Singapore-based crypto exchange Zipmex said it had obtained a memorandum of understanding from an unnamed party interested in buying the company. ? Important Announcement ?Our conversations with vario...