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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......»»

Category: topSource: barronsMar 13th, 2019

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.....»»

Category: topSource: marketwatchApr 13th, 2018

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.....»»

Category: blogSource: theflyonthewallDec 31st, 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

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......»»

Category: videoSource: reutersDec 31st, 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

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.....»»

Category: blogSource: theflyonthewallAug 15th, 2019

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......»»

Category: topSource: bizjournalsJun 14th, 2019

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......»»

Category: topSource: marketwatchMar 11th, 2019

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......»»

Category: topSource: marketwatchMar 11th, 2019

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

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.....»»

Category: topSource: bizjournalsApr 10th, 2018

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.....»»

Category: topSource: business-standardMay 11th, 2018

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......»»

Category: smallbizSource: wsjJun 5th, 2018

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......»»

Category: topSource: marketwatchJun 27th, 2018

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......»»

Category: forexSource: coindeskOct 12th, 2018

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......»»

Category: smallbizSource: wsjFeb 21st, 2019

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

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.....»»

Category: blogSource: theflyonthewallMay 7th, 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