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Flagstar stock surges after buyout deal with New York Community valued at $2.6 billion
Shares of Flagstar Bancorp Inc. shot up 4.9% in premarket trading Monday, after the Michigan-based bank announced an agre.....»»
Latham set to go public as IPO pricing valued swimming pool company at $2.3 billion
Latham Group Inc. is all set to go public Friday, as the New York-based in-ground residential swimming pools seller's initial public offering priced overnight, valuing the company at about $2.29 billion. The company sold 20 million.....»»
Hedge Fund and Insider Trading News: Jeffrey Gates, Warren Buffett, Alden Global Capital, Tiger Global Management, Archegos Capital Management, Vision Ridge Partners, Facebook Inc (FB), Globaltrans Investment PLC (GLTVF), and More
Tiger Global Raises its Thirteenth Global Fund of $6.65 Billion (The Economic Times) New York-based investment firm Tiger Global has raised .....»»
UiPath files for IPO after being valued at $35 billion in latest funding round
UiPath Inc. filed for an initial public offering on Friday with plans to list on the New York Stock Exchange under the tic.....»»
DigitalOcean sets IPO terms, to be valued at nearly $5 billion
DigitalOcean Holdings Inc. disclosed Monday that it set terms of its initial public offering, as the New York-based cloud computing company looks to raise up to $775.5 million and be valued at up to $4.95 billion. The company is offering 16.5 million sh.....»»
Roblox, the game company made wildly popular by kids, goes public with $41 billion valuation
Roblox is now valued at over 20 times the price Microsoft paid to acquire "Minecraft.".....»»
M&T Bank to buy People"s United Financial for a 13% premium, in a deal valued at $7.6 billion
New York-based.....»»
The stimulus money was supposed to help small businesses. But big banks reportedly let their wealthiest clients get money first.
Spencer Platt/Getty Images JPMorgan Chase, Citibank, and US Bank prioritized their wealthiest customers' applications for small-business loans, the New York Times reported on Wednesday. The bank.....»»
75% of the stores in NYC"s most expensive neighborhood — the $25 billion Hudson Yards — didn"t pay their April rent
Getty Images/Noam Galai 75% of the retailers in New York City's Hudson Yards did not pay their April rent because of the coronavirus crisis, The Financial Times reported. Hudson Yards is the city's most expensive neighborhood, with .....»»
12 ultra-wealthy people who aren"t leaving their fortunes to their children
Facebook Laurene Powell Jobs doesn't plan on leaving the $24 billion she inherited from her late husband Apple founder Steve Jobs to her children, she told The New York Times .....»»
Wells Fargo close to roughly $3 billion settlement that would end probes into sales practices
Brendan McDermid/Reuters Wells Fargo is nearing a deal with federal prosecutors that would settle a years-long investigation into the bank's sales practices in its banking, auto lending, and mortgage divisions, The New York Times reported. .....»»
Opinion: Regulation lags behind banking in the digital age
The Puget Sound Business Journal recently published a New York Times article regarding updates to federal rules governing how banks serve poorer communities. Unfortunately, the article focuses on current disagreements among federal regulatory agencies o.....»»
Exclusive: Eurazeo hires banks for $2.2 billion sale of payments firm Planet - sources
European buyout fund Eurazeo has hired Citigroup and Evercore to prepare the sale of its payments business Planet in a deal that could value the Irish firm at up to 2 billion euros ($2.22 billion), three sources told Reuters......»»
Conor McGregor has broken his silence about 2 sexual assault allegations, saying "time will show all"
Getty/Jeff Bottari Conor McGregor has broken his silence about two separate sexual assault allegations. The New York Times reported in March that Irish police were investi.....»»
Sacklers withdrew over $10 bnl from Purdue
The Sackler family, owners of Purdue Pharma, transferred more than $10 billion in a decade from the OxyContin maker, according to the New York Times. Fred Katayama reports......»»
Sacklers withdrew over $10 billion in a decade from Purdue Pharma: New York Times
The Sackler family - owners of Purdue Pharma - transferred more than $10 billion in a decade from the OxyContin maker to its trusts and holding companies, the New York Times reported on Monday, citing a new audit commissioned by the drugmaker......»»
Sacklers withdrew over $10 billion in a decade from Purdue Pharma: NYT
The Sackler family - owners of Purdue Pharma - transferred more than $10 billion in a decade from the OxyContin maker to its trusts and holding companies, the New York Times reported on Monday, citing a new audit commissioned by the drugmaker......»»
At $2.6 billion, the New York Mets would be the highest-valued sports team ever sold in the U.S.
The previous high for an MLB team was in 2012 when the Los Angeles Dodgers were sold while the team was valued at $2.12 billion......»»
Here"s what SoftBank"s long-term WeWork strategy may be
WeWork CEO and founder Adam Neumann is leaving the company, but doing so with $1.7 billion from WeWork. Peter Eavis from The New York Times and CNBC's Robert Frank discuss the eyebrow-raising exit package......»»
Conor McGregor is reportedly being investigated by Irish police over a second sexual assault allegation
Steve Marcus/Getty The New York Times published a story, Saturday, saying Conor McGregor "faces second sexual assault investigation in Ireland." The former UFC champion's publicist says the fighter denies any report accusing him of sexual assault. .....»»