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AMC"s Former Owner And Largest Shareholder Unloads Most Of Its Stake

AMC Entertainment Holdings Inc (NYSE: AMC) has announced that Chinese conglomerate Dalian Wanda Group Co. read more.....»»

Category: blogSource: benzingaMay 22nd, 2021

Virgin Galactic falls 9% after founder Richard Branson unloads $150 million stake in the company

Despite the share sale, Branson remains the largest shareholder of the spaceflight company, owning a 24% stake worth about $1.6 billion. Drew Angerer/Getty Images Virgin Galactic fell as much as 9% on Thur.....»»

Category: topSource: businessinsiderApr 15th, 2021

Michael Ferro Sells Tronc Stake to Relative of Former Chicago Tribune Owner

Tronc Inc.’s largest shareholder, Michael Ferro, has agreed to sell his stake to a descendant of the McCormick family that built the company’s flagship newspaper, the Chicago Tribune, into a media powerhouse in the early 20th century......»»

Category: smallbizSource: wsjApr 14th, 2018

Michael Ferro Sells Tronc Stake to Descendant of Former Chicago Tribune Owner

Tronc Inc.’s largest shareholder, Michael Ferro, has agreed to sell his stake to a descendant of the McCormick family that built the company’s flagship newspaper, the Chicago Tribune, into a media powerhouse in the early 20th century......»»

Category: smallbizSource: wsjApr 13th, 2018

Fidelity cashes in most of GameStop stake

Firm sold nearly all positions in GameStop last month, ending run as volatile stock’s largest shareholder.....»»

Category: topSource: foxnewsFeb 11th, 2021

Container Store"s stock pulls back from more than 5-year high after largest shareholder trims stake

Shares of Container Store Group Inc. sank 6.5% in premarket.....»»

Category: topSource: marketwatchFeb 8th, 2021

WeWork sues SoftBank after $3-billion tender offer falls through

WeWork's owner, The We Company, has sued SoftBank Group , challenging its largest shareholder's decision to terminate a $3 billion tender offer for shares in the office-space sharing firm......»»

Category: topSource: reutersApr 7th, 2020

Major Humana investor sheds half of its holdings in the company

Humana Inc.'s former largest shareholder offloaded nearly half of its holdings in the Louisville-based health care company. FMR LLC, the corporate parent of Fidelity Investments, has cut its stake in Humana — one of the nation's largest health ins.....»»

Category: topSource: bizjournalsFeb 20th, 2020

Former Independence Center owner buys stake in Country Club Plaza

The Country Club Plaza has a new owner. Simon Property Group, the largest shopping mall operator in the U.S., will buy Tauban Centers Inc. (NYSE: TCO) as well a real estate investment trust that co-owns the Country Club Plaza in a deal valued at arou.....»»

Category: topSource: bizjournalsFeb 10th, 2020

Deutsche Bank shares soar after new shareholder steps in

Deutsche Bank on Thursday revealed that Los Angeles-based Capital Group has taken a 3.1% stake, boosting shares in Germany's largest bank which has been hit by losses and misconduct scandals......»»

Category: topSource: reutersFeb 6th, 2020

Tesla"s stock shoots up toward another record; 2nd-largest shareholder boosts stake

Shares of Tesla Inc. shot up 14% toward another record in active premarket trading Tuesday, to extend their.....»»

Category: topSource: marketwatchFeb 4th, 2020

Wizz Air"s top shareholder cuts stake to comply with ownership rules

Wizz Air's largest shareholder, U.S.-based private equity firm Indigo Partners, carried out a long-time plan to cut its stake in the company as the Budapest-based low-cost airline works to comply with European Union ownership rules......»»

Category: topSource: reutersFeb 4th, 2020

WPG now largest shareholder of WT Micro

Taiwan-based IC distributor WPG has completed its tender offer to acquire a 30% stake in fellow firm WT Microelectronics......»»

Category: topSource: digitimesFeb 3rd, 2020

Spotify"s stock gets a lift after Ballie Gifford boosts stake to become largest shareholder

Shares of Spotify Technology S.A. gained 0.3% in morning trading Wednesday, after Scotland-based investment manager Ballie Gi.....»»

Category: topSource: marketwatchJan 22nd, 2020

Former Stobart boss Tinkler dumps stake in company

Former boss and the fifth-largest shareholder of Stobart Group Ltd Andrew Tinkler dissolved his stake in the infrastructure and support services company, according to a regulatory filing on Tuesday......»»

Category: topSource: reutersJan 14th, 2020

Former Stobart boss Tinkler sells stake in company

Former boss and the fifth-largest shareholder of Stobart Group Ltd William Andrew Tinkler dissolved his stake in the infrastructure and support services company, according to a regulatory filing published on Tuesday......»»

Category: topSource: reutersJan 14th, 2020

Innodisk invests in sensor developer Sysinno for AIoT

Taiwan-based industrial memory module maker Innodisk has acquired a 43% stake in Sysinno Technology, becoming the largest shareholder the Taiwanese sensor technology developer......»»

Category: topSource: digitimesDec 19th, 2019

Alpha Networks to acquire 60.8% stake in Hitron

Alpha Networks has disclosed plans to take up 200 million shares or a nearly 60.8% stake of fellow company Hitron Technologies through a private placement and a tender offer, a move which will make the company the largest shareholder of the latter firm......»»

Category: topSource: digitimesDec 16th, 2019

Party City"s stock plunges after disclosing largest shareholder"s distribution of entire stake

Shares of Party City Holdco Inc. plunged 12% toward a record low in permarket trading Wednesday after the party goods retailer disclosed that funds affiliated with its larg.....»»

Category: topSource: marketwatchNov 13th, 2019

3G Capital Dumps 9% of Kraft Heinz Stake

The second-largest shareholder in Kraft Heinz sold about 9% of its stake in the company. 3G Capital remains the food giant's second-largest holder, right behind Warren Buffett's Berkshire Hathaway......»»

Category: blogSource: 247wallstSep 17th, 2019

Delta boosts stake in Korean Air"s parent company to 9.21%

Delta Air Lines has once again increased its stake in Hanjin KAL, the largest shareholder of the airline’s joint venture partner Korean Air. The Atlanta-based carrier's stake in Hanjin KAL rose to 9.21% from 5.13%, according to a report to the K.....»»

Category: topSource: bizjournalsSep 10th, 2019