Milan, a seven-time European champion, was acquired by RedBird Capital for $1.2 billion. The investment firm has ties to both the Yankees and the Boston Red Sox. Source
Author: Tariq Panja
Mr. Musk answered questions from Twitter’s 8,000 workers for the first time in a virtual meeting on Thursday.
Source: In Twitter Meeting, Elon Musk Fields Questions From 8,000 Employees
Musk originally agreed to purchase TWTR for $54.20 per share, though he has been complaining for weeks that the social media company may be be misstating the number of spam accounts that it...
As the U.S. SPAC market has seen plummeting valuations, a growing number of the companies targeted by SPACs in de-SPAC transactions are now issuing going concern warnings. Recent examples of the...
Mr. Musk’s lawyers said Twitter was “actively resisting” his requests. Source: Elon Musk Threatens to End Twitter Deal Without Information on Spam Accounts
Just a week earlier he had secured $7bn-odd of new funding from assorted multibillionaires, venture capital funds, Saudi princes, crypto kings and sovereign wealth funds.
Source: Musk’s wild...
Former chief executive Satoshi Tsunakawa will be replaced as chair of the board by Akihiro Watanabe, an executive at mergers and acquisitions advisory group Houlihan Lokey.
Source: Toshiba shakes up...