Acquisitions/Mergers/Takeovers
- Market
Lucid Motors finally confirms SPAC deal, and the stock is plunging
After weeks of spiking share prices for a blank-check company rumored to be targeting the acquisition of electric-vehicle company Lucid…
Read More » - Market
Tilray pot sales jump ahead of Aphria merger, stock gains more than 10%
Tilray Inc. narrowed losses and boosted revenue in the final three months of 2020, as it prepared to merge with…
Read More » - Market
Apple stock breaks below post-COVID uptrend line after largest shareholders disclose share sales
Shares of Apple Inc. sank toward a one-month low Wednesday, and broke below two key chart levels in the process,…
Read More » - Market
TikTok sale to Oracle, Walmart shelved as Biden reviews security
A U.S. plan to force the sale of TikTok’s American operations to a group including Oracle Corp. ORCL, +0.89% and…
Read More » - Market
These early BioNTech investors just saw their faith rewarded with a $719 million payday
Thirteen years ago a little-known Munich venture-capital fund made a €13.5 million bet on a promising biotech company. This week,…
Read More » - Market
Visa and Plaid call off $5.3 billion merger after Justice Department objection
Visa Inc. and financial-technology startup Plaid announced Tuesday that they’ve terminated their plans to merge following antitrust pushback from the…
Read More » - Market
Neil Young strikes heart of gold with 50% sale of song catalog to publishing house
Veteran rock star Neil Young has sold half the rights to his song catalog to Hipgnosis Song Fund SONG, -0.41%,…
Read More » - Market
Salesforce to acquire Slack in $27.7 billion deal, while results top Street estimates
The Salesforce logo is displayed on a podium during the Dreamforce 2012 n San Francisco. Getty Images Salesforce.com Inc. shares…
Read More » - Market
U.S. jobless claims jump 31,000 to 742,000 amid record coronavirus surge
The latest coronavirus outbreak is threatening to cause more layoffs and job losses. saul loeb/Agence France-Presse/Getty Images The numbers: New…
Read More » - Market
Here’s what a Biden presidency spells for stocks, bonds and commodities
After days on tenterhooks, investors now have clarity about the next occupant of the White House and will start planning…
Read More »
