After agreeing to pay $45 million in fines to U.S. regulators, cryptocurrency lending company Nexo Capital has decided to end its yield-bearing Earn Interest product for its customers in the United St...
Tag: terminate
Riot Games to terminate FTX Sponsorship due to “reputational harm”
North America (NA) League of Legends Championship Series, LLC (Riot) has made a filing in the FTX bankruptcy case requesting that the court either “compel FTX to reject the Agreement” or allow Riot to...
Circle and Concord terminate proposed business combination
Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE:CND) have announced the mutual termination of their proposed business combination. The termination of the proposed deal was approv...
Circle and SPAC Concord mutually terminate business combination
Peer-to-peer payments technology company Circle and publicly traded special purpose acquisition company Concord Acquisition Corp mutually ended their proposed business combination after the deal ̶...
SBF’s lawyers terminate FTX representation due to conflicts of interest
Paul, Weiss, the law firm backing FTX CEO Sam Bankman-Fried (SBF) amid bankruptcy, renounced representing the entrepreneur, citing a conflict of interest. The decision to withdraw from representation ...
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...
Poloniex and Bittrex join Tether in asking court to terminate Roche Freedman from class action
Counsel representing Bittrex and Poloniex in an ongoing class action lawsuit are the latest to call for law firm Roche Freeman to be thrown off the case. Bitfinex and Tether recently filed a letter re...
Tether asks court to terminate Roche Freedman from class action
Digital currency company Tether wants the judge presiding over a class action suit against it to remove law firm Roche Freedman from the case, a request that if granted could weaken the suit against t...
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...
Spirit Airlines, Frontier terminate deal that was marred by JetBlue’s rival bid
A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images Spi...
Elon Musk aims to terminate $44 billion Twitter deal
Elon Musk has decided not to move forward with a $44 billion deal to acquire Twitter after a disagreement with the company about the number of spam and fake accounts. The details were revealed in a re...
Elon Musk wants to terminate the $44B Twitter takeover
In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the board of the social media giant. In short, the world’s richest...
Dow Jones Futures: Market Rally At Make-Or-Break Point; Elon Musk Moves To Terminate Twitter Deal
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures, with Twitter stock in focus as Elon Musk moved to end his takeover. The stock market rally showed stre...
eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm
On Tuesday, special purpose acquisition company (SPAC) FinTech Acquisition Corp. V announced that it terminated its purposed takeover of Israeli cryptocurrency exchange eToro via a bilateral agreement...
Merit Circle And YGG Terminate Partnership
Merit Circle DAO votes to end the partnership between the two giants of the play-to-earn space. Joint Statement Announces End Of Partnership After working together for seven months, the Merit Circl...
Elon Musk Threatens to Terminate $44 Billion Deal to Acquire Twitter
Bitcoin News Elon Musk feels Twitter has violated the merger agreement by delaying user information. According to Twitter CEO Parag Agrawal, there are less than 5% of fake accounts. Accusing Twitter I...
Nasdaq to Terminate Its Services in Russia, Quotes Saxo Bank
Saxo Bank, established in 1992, has its headquarters established in Denmark. Saxo Bank is an investment bank that facilitates its users to create high-earning investment profiles through online tradin...
Two European Football Clubs Terminate Sponsorship Deals with Bitci
Sporting Lisbon, a Portuguese soccer club, and Spezia, an Italian football team, announced on Thursday that they have cancelled their sponsorship deals with Bitci, a Turkish cryptocurrency exchange. L...
NVIDIA and SoftBank Terminate NVIDIA’s Acquisition of Arm Limited
SoftBank Group, a leading multinational conglomerate holding company, and NVIDIA, a public-listed American multinational technology firm, recently announced the termination of the agreement regarding ...
T-Mobile Will Reportedly Terminate Office Workers Who Are Not Fully Vaccinated Against Covid By April 2
Topline T-Mobile US will fire corporate employees who aren’t fully vaccinated against Covid-19 by April 2, Bloomberg reported Saturday, in what would be one of the strictest Covid policies instituted ...
Citigroup will terminate unvaccinated workers by Jan. 31, a first among Wall Street banks
Pedestrians cross a road in front of a Citigroup Citibank branch in Sydney, Australia, on June 1, 2018. Brendon Thorne | Bloomberg | Getty Images Citigroup will be the first major Wall Street institut...