In mid-November 2022, Hut 8 stopped mining with 7,000 rigs at a site in North Bay, Ontario due to an ongoing dispute with its energy provider, Validus Power. Hut 8 has now removed all machines from th...
Tag: merger
EG America Owner Sells U.S. Gas Stations And Considers Asda Merger
Cumberland Farms is the biggest gas station brand to be part of the EG Ameria sale and leaseback … [+] deal. (Photo by Jill Brady/Portland Portland Press Herald via Getty Images) Portland Press ...
JetBlue CEO Says Feds Will Sue Airline Over Its $3.8 Billion Merger With Spirit This Week
Topline The U.S. federal government is poised to block JetBlue’s $3.8 billion merger with Spirit Airlines, according to several reports Monday, sending both companies’ stocks swinging and preventing w...
The Pac 12’s Leadership Needs To Ink A New Media Deal Then Start ACC Merger Talks.
By Jim Williams Last week in a show of solidarity the Pac 12 conference presidents issue a statement saying a new media rights deal will be out soon and no one is leaving. Arizona, Arizona State, Cal,...
Lidar makers Ouster, Velodyne complete merger
The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Tay...
FIS walks back Worldpay merger, will spin off its merchant business
Financial-technology company Fidelity National Information Services Inc. plans to spin off its merchant business, the company announced Monday. FIS FIS, -15.21%, which announced a “comprehensive asses...
The Merger of Hut 8 and US Bitcoin Corp will be “Hut 8 Corp”
Top shareholders will have equal authority over Hut 8 Corp The new entity will have access to combined power of 825 megawatts (MW) The crypto winter lasted for about a year and its aftereffects are st...
Shares of Bitcoin Miner Hut 8 Slump on Merger With US Bitcoin Corp.
Hut 8 will gain access to hundreds of megawatts of cheap energy through the merger, while U.S. Bitcoin Corp., known as USBTC, gains a partner with a strong balance sheet. The merger will give the new ...
Bitcoin Miners Hut 8, US Bitcoin to Combine in Stock Merger (1)_
(Bloomberg) — Bitcoin miners Hut 8 Mining Corp. and US Bitcoin Corp. are merging in an all-stock deal after a prolonged slump in cryptocurrency prices heaped pressure on the industry. Most Read ...
Bitcoin mining firms Hut8 and US Bitcoin announce merger
Hut 8 and U.S. Bitcoin have joined forces to form a new bitcoin mining corporation dubbed Hot 8 Corp., a large-scale publicly listed bitcoin mining corporation with access to 825 MW of electricity. Hu...
New Leadership Team At Dufry Will Shape $6.7 Billion Merged Entity With Autogrill
Dufry has a new global executive committee. Dufry Dufry, the world’s biggest airport retailer, has shaken up its global executive committee (GEC), as the company prepares its growth strategy for the m...
Mining Firms Hut 8 Mining Corp and US Bitcoin Corp Announce Merger
10 hours ago | 2 mins read Bitcoin News The merged business would be headquartered in the United States. Shares of Hut 8 Mining (HUT) finished the day up 7% at $2.38. In an all-stock transaction, Hut ...
Will $2 billion merger of Cresco and Columbia Care reach the finish line? Analysts see ‘market doubt’ for cannabis deal.
Cresco Labs Inc. and Columbia Care Inc. investors have signaled that a major merger in the cannabis space may be struggling to reach the finish line, analysts said. In March 2022, Cresco Labs CRLBF, +...
Pocket Network forms a merger with Arbitrum One
Pocket Network happens to have formed a much official merger with Arbitrum One. This was carried out to facilitate the transfer of the power of the decentralized RPC framework to the chain. Arbitrum o...
Zoom Video needs a merger
Cintas Corp: “It’s one of the greatest small business companies in the world.” VF Corp: “I am very worried about VF.” AST SpaceMobile Inc: “That’s a very toug...
Pudgy Penguins forms exclusive merger with LayerZero
Pudgy Penguins takes the opportunity to air its extreme pleasure in making its official announcement regarding the formation of a partnership that it has made with LayerZero. This very entity happens ...
Rupert Murdoch calls off proposed Fox-News Corp merger
Rupert Murdoch has withdrawn his proposal to re-combine Fox Corp and News Corp. Fox said Tuesday its board received a letter from Murdoch, its chairman, and his son and Fox CEO Lachlan Murdoch that &#...
Threshold (T) Soars 132% After This Important Merger Unveiled: Details
Threshold (T) is seeing its price hit the roof today, soaring by 132% at the time of writing, according to data from CoinMarketCap. At the current growth pace, Threshold is changing hands at $0.05642,...
Core announces a merger with LayerZero
Core is ecstatic to announce its merger with LayerZero, which also happens to be an omnichain interoperability protocol and was started by LayerZero Labs. This will prove to be incredibly advantageous...
Forkast Labs created with CryptoSlam and Forkast.News merger
Data provider CryptoSlam and crypto news site Forkast.News have combined to become Forkast Labs, a web3-focused media company. The pair, which are portfolio companies of software investment gian...
Coinsquare and WonderFi merger would create Canada’s largest crypto exchange
Two prominent crypto exchanges in Canada are reportedly looking for a merger. Bloomberg reported citing sources with knowledge into the matter that advanced talks of merger between Coinsquare Ltd. and...
WonderFi and Coinsquare Have Advanced in Merger Talks
3 hours ago | 2 mins read Exchange News WonderFi and Coinsquare are debating a possible merger. The firms’ merger resulted in the formation of Canada’s largest crypto exchange. WonderFi, will provide ...
Potential Coinsquare and WonderFi merger in advanced talks
Two of Canada’s largest exchanges, Coinsquare and WonderFi, are in advanced merger talks, BNN Bloomberg reported, citing sources. If the deal goes through, the merged company would become...
Western Digital, Kioxia Revive Merger Talks With Flash Memory Demand Sinking
(Bloomberg) — Western Digital Corp. has restarted talks with Japan’s Kioxia Holdings Corp. in a deal that could unite two technology storage providers, according to people familiar with the matt...
Block.one Crypto Exchange’s Merger with a SPAC Terminated
The crypto exchange of Block.one, Bullish, plan to go public got terminated. Its $9 billion merger with a SPAC got terminated just after four months when courts rejected its $27.5 million settlement i...
Block.one Cans $9B SPAC Merger 4 Months After Scrapped EOS Settlement
Block.one’s crypto exchange Bullish won’t be going public after all. Its $9 billion merger with a SPAC has been terminated just four months after courts rejected its $27.5 million settlement in ...
Swyftx and Superhero Dropped the Historic Merger Plan Worth $1.5B
Swyftx and Superhero canceled their plan of “historic merger”. The $1.5B worth merger is to create a digital and traditional finance powerhouse. Australia’s ASIC is tightening the regulations for cry...
Aussie Crypto Platform Cancels $1 Billion Merger Plan After FTX Crash: Report
The Aussie cryptocurrency exchange – Swyftx – and the investment platform – Superhero – have reportedly abandoned the previously planned $1 billion merger deal. Some of the main reasons are the enhanc...
Swyftx crypto exchange exits $1 billion merger amid regulatory scrutiny: AFR
Swyftx, a crypto exchange based in Australia, has been forced to pull out of a planned 1.5 billion Australian dollar ($1 billion) merger deal with superannuation fund platform Superhero, the Australia...
Australian Crypto Exchange Swyftx, Share Trading Platform Superhero Abandon Merger Plan
“The ongoing regulatory uncertainty around crypto-assets, combined with rising regulation-by-enforcement, does not encourage an environment where mergers of more traditional businesses and crypt...
Superhero cans merger with Swyftx, citing regulatory scrutiny
With more regulators eyeing the crypto space as the FTX debacle continues, the $1.5 billion merger of Australian online investing platform Superhero with Australian crypto exchange Swyftx has been she...