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The Wall Street Journal: Rite Aid, Albertsons scrap their $24 billion merger
Rite Aid Corp. and Albertsons Cos. have called off their planned merger, a surprise decision in the face of mounting concern from investors......»»
Barrick, Randgold to Create Gold-Mining Giant With $18.3 Billion Merger - Wall Street Journal
Wall Street JournalBarrick, Randgold to Create Gold-Mining Giant With $18.3 Billion MergerWall Street JournalBarrick Gold Corp. ABX -1.41% agreed to buy Randgold Resources Ltd. GOLD -1......»»
The Wall Street Journal: John Paulson buying stake in asset manager from HNA
John Paulson’s hedge fund agreed to buy a stake in a $238 billion asset manager from Chinese conglomerate HNA Group Co......»»
The Wall Street Journal: Tivity Health to buy Nutrisystem in $1.4 billion deal
Tivity Health Inc. is buying weight-management firm Nutrisystem Inc. in a cash and stock deal the companies value at about $1.4 billion, the firms announced jointly Monday......»»
The Wall Street Journal: Cigna completes $54 billion purchase of Express Scripts
Cigna Corp. completed its $54 billion acquisition of Express Scripts Holding Co., setting up a battle among giant health companies to try to cut health-care costs by managing both medical and drug benefits......»»
Bill Gates reportedly transferred another $850 million in shares to Melinda, taking total transfers since their divorce to nearly $4 billion
Bill Gates transferred $850 million in Deere stock to Melinda French Gates, the Wall Street Journal reported - about 7% of his stake in the co.....»»
The Wall Street Journal: Ethereum co-creator donates $1 billion in crypto for India COVID-19 relief
Vitalik Buterin, co-creator of the crypto network Ethereum, donated more than $1 billion on Wednesday to a relief fund to combat the spread of Covid-19 in India......»»
The Wall Street Journal: Elon Musk’s SpaceX is buying up a village in Texas Village. Homeowners are crying foul
In autumn 2019, Celia Johnson began resisting efforts by billionaire Elon Musk’s SpaceX to buy two modest houses she owns near the company’s rocket-launch facility......»»
The Wall Street Journal: Global chip shortage plaguing auto makers expected to worsen
Global auto makers who had expected the semiconductor supply crisis to subside in the spring are now warning that chips will remain scarce for months while a second-half recovery is fraught with uncertainty......»»
Intel CEO Expects Global Chip Shortage To Last Another Two Years
Intel Corp. (NASDAQ: INTC) CEO Pat Gelsinger on Thursday warned the global semiconductor chip supply shortage could stretch two more years, The Wall Street Journal reported. read more.....»»
Thermo Fisher seeks to buy pharma services company PPD for $15 billion: report
Thermo Fisher Scientific Inc. is approaching a deal to buy pharmaceutical-testing company PPD Inc. for more than $15 billion, the Wall Street Journal reported W.....»»
The Wall Street Journal: Google used secret program to game its ad-buying system, documents show
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The Wall Street Journal: Online marketplace StockX valued at $3.8 billion, lets some employees sell shares
The 35% jump in valuation comes ahead of the company’s expected public listing that is likely to happen as soon as the second half of this year, according to people familiar with the company’s plans......»»
The Wall Street Journal: Ex-Tiger Asia manager Bill Hwang behind big ViacomCBS, Discovery selloff
The liquidations appear to have left Archegos, which managed an estimated $10 billion of personal wealth for Hwang and his family, under extreme pressure following heavy losses......»»
The Wall Street Journal: Startups Axios and the Athletic discuss merger, consider SPAC deal
Sports-media outlet the Athletic is in merger talks with news startup Axios, according to people familiar with the matter, part of a plan to build a larger online-publishing company that could include going public through a blank-check firm......»»
Corning to double production of glass vials for COVID vaccines to 150 million this year, holding 1.2 billion doses: WSJ
Corning Inc. is planning to increase production of glass vials for COVID-19 vaccines by 50% from prior targets, after receiving more federal funding, the Wall Street Journal reported on Friday. The glass maker is now expe.....»»
The Wall Street Journal: Blackstone offers $6 billion to buy Australian casino operator Crown Resorts
The U.S. investment firm has offered 11.85 Australian dollars, or the equivalent of $9.15, a share for Crown, a 20% premium to its closing share price last week, Crown said Monday......»»
Extended Stay"s stock soars after WSJ report of $6 billion buyout deal with Blackstone, Starwood
Shares of Extended Stay America Inc. soared 15.9% toward a 2-year in premarket trading Monday, after The Wall Street Journal reported that the hotel operator has agreed to be acquired by Blackstone Group and Starwoo.....»»
The Wall Street Journal: SoftBank Vision Fund injected at least $400 million into Greensill Capital in late 2020
The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019......»»