Voyager said it’s open to “any serious proposal” under bidding procedures Bankman-Fried said the lender’s consultants want a drawn-out bankruptcy process to boost fees Bankruptcy lawyers representing ...
Tag: Buyout
Voyager declines Alameda’s buyout offer, saying it “harms clients”
Voyager Digital Holdings, a centralized crypto lender, has rejected an offer from FTX and its investment arm, Alameda Ventures to purchase its digital assets. Voyager insists that the FTX actions “are...
Voyager Digital Outrightly Reject FTX’s Buyout Offer Calling It A “Low-Ball Bid”
Troubled crypto lender Voyager Digital has outrightly rejected to a buyout offer from FTX and its subsidiary Alameda Research calling it a ‘low-ball bid’. Last Friday, FTX CEO Sam Bankman-Fried propos...
Voyager rejects Alameda buyout offer as it ‘harms customers’
Centralized crypto lender Voyager Digital Holdings has rejected an offer from FTX and its investment arm Alameda Ventures to buyout its digital assets on the grounds that the actions “are not value-ma...
Twitter Blames Elon Musk Buyout “Uncertainty” for Missed Q2 Earnings Numbers
Twitter announced its Q2 2022 financial results on Friday, revealing lower-than-expected numbers for revenue, earnings, and user growth. When naming reasons for the slowdown, the company placed partia...
Carlson Capital’s Jesse Ho Sees Minimum Price Of $44/ Share In Elon Musk’s Twitter Buyout
Carlson Capital’s Black Diamond Arbitrage Partners generated a net return of -0.91% for the second quarter, bringing its first-half return to -1.52%. The fund’s special situations and othe...
Twitter Sues Elon Musk for Pulling Out of $44 Billion Buyout Deal
Social media giant Twitter has filed a lawsuit against Tesla and SpaceX CEO Elon Musk, seeking to force the billionaire to close the acquisition deal as agreed by both parties. According to court docu...
Twitter Sues Elon Musk to Enforce $44 Billion Buyout Deal — Insists Breach Allegations Lack Merit – Coinotizia
Twitter Inc. has filed a lawsuit against Elon Musk to force the Tesla CEO to go through with the agreement to buy the social medial platform for $44 billion. Twitter alleges that Musk has breached the...
Twitter Sues Elon Musk to Enforce $44 Billion Buyout Deal — Insists Breach Allegations Lack Merit – Featured Bitcoin News
Twitter Inc. has filed a lawsuit against Elon Musk to force the Tesla CEO to go through with the agreement to buy the social medial platform for $44 billion. Twitter alleges that Musk has breached the...
Twitter Shares Now 36% Cheaper Compared to Elon Musk’s Buyout Offer
Twitter’s stock steeply fell in premarket trading on Monday after Elon Musk withdrew his offer to purchase the platform last week. Its shares trade for $34.31 at the time of writing, down 6.89% from F...
Banks Get Burned by Risky Debt, Imperiling Buyout Activity
By Laura Cooper July 3, 2022 9:03 am ET Listen to article (2 minutes) Investment banks are facing big losses on leveraged buyouts they agreed to finance before markets soured, further chilling the out...
Crypto Exchange FTX is Exploring a Robinhood Buyout: Sources
Sam Bankman-Fried (SBF)’s crypto exchange FTX is examining pathways by which it can acquire Robinhood, according to people with knowledge of the matter. As reported by Bloomberg on Monday, FTX is havi...
FTX Tempers Robinhood Buyout Reports
Key Takeaways FTX appears to be exploring the possibility of acquiring the stock and crypto trading company Robinhood. FTX has not extended an offer to Robinhood and is only considering the plan inter...
Zendesk Close to Striking Buyout Deal, Sources Say
Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equ...
Wall Street Faces Billion-Dollar Losses on Sinking Buyout Debt
(Bloomberg) — Investment bankers in the US and Europe are bracing for potentially billions of dollars in total losses on big-ticket leveraged buyouts as they struggle to offload risky corporate ...
Zilingo Cofounders Propose To Buyout Financially Troubled Startup
Dhruv Kapoor and Ankiti Bose. Courtesy of Ankiti Bose The cofounders of Zilingo—Dhruv Kapoor and Ankiti Bose—have proposed to buyout the troubled fashion startup as the duo aims to restructure and rev...
Revlon shares jump 75% amid news of a potential buyout
Recent decades have not been kind to Revlon (NYSE: REV), which has dominated the cosmetics and beauty markets for much of its 90 years. More recently, the company struggled under great debt, competiti...
Nexo Proposes Buyout of Celsius Assets as Crypto Lending Rival Halts Withdrawals
Digital asset manager Nexo responded to the news of its rival Celsius pausing withdrawals by tabling a proposal for a buyout of certain of the firm’s liquid assets. Pointing to “what appears to be the...
Why did Crypto lending platform NEXO propose to buyout rival platform Celsius?
Amidst the crypto market going through huge crashes and seeking steep decline, crypto lending protocol Celsius freezed it’s operations This came as quite a surprise when a prominent crypto...
Tycoon Charoen Sirivadhanabhakdi’s Frasers Property To Buyout Hotel REIT In Deal Valued At $970 Million
Charoen Sirivadhanabhakdi, chairman of Thai Beverage, appears with his daughter Wallapa … [+] Sirivadhanabhakdi during the relaunch ceremony of Pantip Plaza IT Shopping Mall in Bangkok. Piti A S...
Celsius pauses withdrawals, rival firm Nexo proposes buyout
This week began with another terrible news for the cryptocurrency market. According to statistics from CoinMarketCap, Bitcoin (BTC) and Ethereum (ETH) have plummeted to fresh 52-week lows of $22,920 a...
Nexo Circles Celsius for Potential Loan Asset Buyout
Key Takeaways Crypto lender Nexo has offered to buy Celsisus’ qualifying assets as the rival deals with what appears to be a severe liquidity crisis. The offer, valid until Jun. 20, proposes buy...
Rite Aid Touts PBM, Other Assets Amid Buyout Rumblings
Rite Aid CEO Heyward Donigan is telling shareholders the company remains “focused on the continued … [+] transformation of Rite Aid into a leading full-service pharmacy company,” the companyR...
Elon Musk Will Commit $33.5B to Twitter Buyout
Key Takeaways Elon Musk will personally commit $33.5 billion to his Twitter buyout bid, according to a recent SEC filing. The deal is valued at $44 billion in total; it was originally accepted by Twit...
Dogecoin Surges on Reports Twitter Will Reconsider Elon Musk Buyout Offer
The popular meme coin Dogecoin has jumped more than 12% in the past hour following reports that Twitter is expected to reach a deal with Tesla and SpaceX CEO Elon Musk on Monday. Musk is a well-known ...
Dogecoin (DOGE) Struggles, Drops 9% After Elon Musk Twitter Buyout
Dogecoin struggles to maintain its momentum, dropping steadily by 9%. And it seems investors are letting the chips fall where they may. Following the announcement that Elon Musk would buy Twitter, DOG...
Dogecoin Returns to Top 10 as Twitter Accepts Elon Musk’s Buyout Deal
Alex Dovbnya Elon Musk has reached a deal to acquire Twitter, and the price of Dogecoin is surging because of this Dogecoin (DOGE), the original meme cryptocurrency, has once returned to the CoinMaket...
Twitter Accepts Elon Musk’s $44B Buyout Offer
The rumors were true: Twitter has accepted Tesla CEO Elon Musk’s $44 billion offer to take over and privatize the entire company. Twitter and Elon Strike the Deal According to the Wall Street Journal,...