Rail oil tank cars transporting petroleum crude oil pass through Livingston, Montana heading west. … [+] (Photo by William Campbell/Corbis via Getty Images) Corbis via Getty Images The White Hou...
Tag: Deal
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...
Cardano Founder Compares New Developments In Elon Musk Twitter Deal To A “One Night Stand” With Dire Consequences
– Advertisement – New developments in Elon Musk Twitter deal as the shareholder’s vote in favor of the buyout. In a tweet today, the founder of Input Output Global (IOG), the developers ...
Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal
BitGo has filed a lawsuit against crypto financial services firm Galaxy Digital. The California-based institutional digital asset financial services company is seeking more than $100 million in damage...
Twitter Shareholders Poised To Approve Deal With Elon Musk—Even As He Keeps Trying To Terminate It
Topline A strained deal to sell Twitter to billionaire Elon Musk has preliminarily passed a key shareholder vote, Reuters and the Wall Street Journal reported Monday, even as Musk tries to back out of...
Twitter Dismisses Musk’s Claim That Severance Payment To Whistleblower Was A Breach Of Deal
Topline Twitter on Monday dismissed billionaire Elon Musk’s claim that a severance payment given to whistleblower and former executive Peiter Zatko violated the terms of his deal to acquire the social...
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...
JPMorgan (JPM) fintech deal to acquire Renovite to battle Stripe and Block
The main entrance at JPMorgan’s headquarters in New York City. Erik McGregor | LightRocket | Getty Images JPMorgan Chase has agreed to acquire a payments startup called Renovite to fend off thre...
Twitter’s $7 million whistleblower payout violates purchase deal, Musk’s lawyers argue
A judge recently ruled that Elon Musk can use the allegations made by Twitter whistleblower Peiter Zatko as part of the arguments in his countersuit against the company. As it turns out, Musk intends ...
Musk Says Whistle-Blower Deal Lets Him Drop Twitter Purchase
(Bloomberg) — Elon Musk told Twitter Inc. that a $7 million severance payment to a whistle-blower who raised questions about problems at the company gives him another reason to walk away from hi...
Elon Musk Says Twitter’s $7.75 Million Severance Payment to Whistle-Blower Is Another Reason He’s Justified in Nixing Deal
Elon Musk keeps finding new reasons why he believes he can back out of his $44 billion agreement to buy Twitter. In a Sept. 9 letter to Twitter, Musk’s lawyers called out the social network’s separati...
Bolt backs off $1.5 billion Wyre deal: Axios
One-click checkout company Bolt backed out of a $1.5 billion dollar acquisition of crypto payment provider Wyre, Axios first reported. When it was announced, it was one of the largest non-SPAC crypto ...
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre – Bitcoin News
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valu...
Bolt Cancels $1.5B Acquisition Deal of Wyre Payment
10 seconds ago | 2 mins read Bitcoin News Bolt, meantime, has issued a statement promising to maintain its collaboration with Wyre. Wyre will continue to support Bolt in developing its crypto ecosyste...
Crypto Market Downturn; Bolt Drops $1.5 Bln Deal
Bolt Financial Inc, a US based checkout firm on Friday announced that it has dropped the $1.5 billion accusation deal with Wyre Payment Inc. This big statement has come amid the crypto market downturn...
What Do We Know About Crypto Exchange FTX And Skybridge’s Recent Deal
Crypto exchange FTX’s venture arm has planned on buying a 30% stake in Skybridge Capital. Skybridge Capital is a hedge fund which was founded by Anthony Scaramucci. The amount for which the deal was c...
Musk Tries To Cancel Twitter Deal (Again), Citing Whistleblower (Again)
Topline Lawyers for Elon Musk sent another letter to Twitter on Friday in their latest attempt to call off the $44 billion deal for the world’s richest man to buy the social media platform, clai...
Crypto Miner Bitdeer Delays $4B SPAC Deal Again
The SPAC firm taking cryptocurrency miner Bitdeer public at a $4 billion valuation has filed for another three-month extension. The Blue Safari Group, a special purpose acquisition company, was suppos...
Rivian Pops On Mercedes-Benz EV Van Deal; Cash Burn Still A Worry: Analyst| Investor’s Business Daily
Electric-vehicle startup Rivian Automotive (RIVN) and German automaker Mercedes-Benz have signed a memorandum of understanding to make large electric vans for each of its brands, according to a joint ...
Alexander Vinnik’s Lawyer Proposes Prisoner Swap Deal – crypto.news
As relations between the U.S and Russia remain fractured due to the latter’s invasion of Ukraine, the lawyer for Alexander Vinnik, a Russian citizen accused to have laundered over $4 billion worth of ...
Apple deal causes Globalstar shares to jump: here’s where to buy GSAT stock
Globalstar shares (NYSEAMERICAN: GSAT) jumped 16% following an announcement that the company will be the satellite operator for the new emergency SOS service for Apple (NASDAQ:AAPL). The announcement ...
CVS Health to acquire Signify Health in an $8 billion deal, or $30.50 per share
On September 5, CVS Health (NYSE: CVS) agreed to acquire Signify Health (NYSE: SGFY) for $30.50 per share in cash, for a total transaction value of roughly $8 billion. Notably, CVS beat out other pote...
How to deal when you’re stressed out about credit card debt
london, uk Peter Muller | Image Source | Getty Images Few things cause more financial distress and anxiety than a large slug of high-interest rate credit card debt. Millions of Americans of all income...
The PFL Is The No. 2 MMA Company And The Shane Burgos Deal Is Proof
Shane Burgos, left, in action against Charles Jourdain, has left the UFC and signed with the PFL. … [+] (AP Photo/Gregory Payan) Copyright 2022 The Associated Press. All rights reserved. It wasn...
Nationwide $3 movie deal draws record customers on National Cinema Day
An AMC movie theater in New York. Scott Mlyn | CNBC A $3 movie ticket promotion meant to boost sales across cinemas during a typically sleepy weekend for the business has drawn in 8.1 million customer...
UBS Abandons $1.4 Billion Deal for Robo-Adviser Wealthfront
(Bloomberg) — Most Read from Bloomberg UBS Group AG has abandoned its plan to acquire US robo-adviser Wealthfront, unwinding what would have been the Swiss bank’s first major acquisition under C...
DeFi Systems Are Better Equipped To Deal With a Crisis Than CeFi
DeFi systems will cope with tremors in the financial landscape much better than CeFi, says Sasha Ivanov, the founder of Waves. The world of decentralized finance (DeFi) exists as an answer to the limi...