Mellanox’s Largest Shareholder Starboard Value Sells Its Entire Stake Before the Nvidia Deal Closes
The hedge fund sold all of its 3.1 million Mellanox shares for about $372 million, netting an average of $118.47 each. That’s less than the Nvidia acquisition price, but Starboard still profited handsomely......»»
Tronc"s largest shareholder sells off stake at 34% premium
Tronc Inc.'s largest shareholder sold off its entire stake for 34% above the stock's closing price, according to a Securitie.....»»
Rising High: Canopy Rivers sells Canapar stake, Stem closes Driven deal
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
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......»»
Vivendi sells Universal Music stake to Tencent consortium
A consortium led by Tencent has agreed to buy up to 20% of Vivendi's Universal Music Group. The deal, which values the world's largest music label at $34 billion, will increase the Chinese company's clout on the global market. David Pollard reports......»»
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.....»»
Nvidia says stock buybacks will return after Mellanox deal closes
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Deal of the Week: Haynesville-focused energy co. backed by Houston PE firm sold in $2.2B deal
Once the deal closes, Dallas Cowboys owner will still be the largest shareholder in Comstock, followed by Covey Park to buy Covey Park Energy......»»
Nvidia to make largest acquisition in its history with $6.9 billion deal for Mellanox
Nvidia Corp. won a reported bidding war for high-performance chip maker Mellanox Technologies Ltd., announcing Monday morning that the two companies had agreed to a deal valued at nearly $7 billion......»»
Nvidia to make largest acquisition in its history with $7 billion deal for Mellanox
Nvidia Corp. won a reported bidding war for high-performance chip maker Mellanox Technologies Ltd., announcing Monday morning that the two companies had agreed to a deal valued at nearly $7 billion......»»
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......»»
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......»»
Kansas City Steak Co. parent sells majority stake for $969M
Kansas City-based National Beef Packing Co. sold a 51 percent stake to a Brazilian company for $969 million. Marfrig Global Foods now becomes the world’s second-largest beef producer, The Wall Street Journal reports. The deal is expected to clos.....»»
Sika, Saint-Gobain ink deal to end bitter takeover battle
Saint-Gobain gets to keep the founders' remaining 10.75 per cent holding to emerge as the largest shareholder, while the majority voting rights attached to the family stake will be canceled.....»»
Deal to Sell Piece of Chicago Tribune Publisher Falls Apart
A deal by Tronc’s largest shareholder, Michael Ferro, to sell his stake to a relative of the family that helped build the company into a media powerhouse has fallen through, according to an SEC filing......»»
Star Bulk Carriers" stock falls 6.8% premarket after largest shareholder sells some of its stake
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Korea"s Largest Bitcoin Exchange Sells Stake in $350 Million Deal
Bithumb, the largest crypto exchange in South Korea by trading volume, just confirmed it has sold over 38 percent of its shares for $350 million......»»
Investor Starboard Unhappy With Bristol-Myers" Deal to Buy Celgene
Activist investor Starboard is unhappy with Bristol-Myers’ deal to buy Celgene. The drugmaker’s fifth-largest shareholder, Dodge & Cox, is also unhappy with the deal......»»
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.....»»
Sherborne Investment sells entire stake in Barclays, FT reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
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.....»»