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Expedia shares fly on report of talks to sell stake for $1 billion

Shares of Expedia Group Inc rose 9% on Wednesday after a report that the online travel services company was in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion......»»

Category: topSource: reutersApr 22nd, 2020

Expedia nears deal to sell stake to Silver Lake and Apollo

Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business......»»

Category: topSource: foxnewsApr 21st, 2020

Airbnb in advanced talks about new $1 billion loan: sources

Airbnb is in advanced talks for a new $1 billion loan just days after the U.S. home rental company closed a $1 billion debt deal with private equity firms, people familiar with the matter said on Tuesday......»»

Category: topSource: reutersApr 14th, 2020

The Wall Street Journal: L Brands set to sell Victoria’s Secret, which would go private

L Brands Inc. is near a deal to sell control of Victoria’s Secret to a private-equity firm in a transaction that values the lingerie brand at about $1.1 billion, according to people familiar with the matter......»»

Category: topSource: marketwatchFeb 19th, 2020

Hedge Fund and Insider Trading News: George Soros, Tom Steyer, Tiger Global Management, Rocky Mountain Chocolate Factory, Inc. (RMCF), Western Digital Corp (WDC), and More

Tiger Global Raises $3.75 Billion Venture Fund (The Wall Street Journal) Tiger Global Management has closed on a $3.75 billion private-equity f.....»»

Category: topSource: insidermonkeyJan 24th, 2020

Bed Bath & Beyond Sells Half Its Real-Estate In An Effort To Turn Around Business

Bed Bath & Beyond Inc. (NASDAQ: BBBY) has sold approximately half of its real-estate to Chicago-based private equity firm Oak Street Real Estate Capital LLC, the Wall Street Journal rep.....»»

Category: earningsSource: benzingaJan 6th, 2020

The Wall Street Journal: Comcast may be set to buy free-streaming service Xumo

Comcast Corp. is in advanced talks to acquire video-streaming company Xumo LLC, according to people familiar with the matter, as the cable giant prepares to launch its own streaming service......»»

Category: topSource: marketwatchDec 26th, 2019

Stocks, gold gain as trade war spurs both hopes, concerns

Global equity markets advanced on Monday as stocks on Wall Street held near record highs on hopes U.S.-Sino talks delay a U.S. tariff deadline this coming Sunday, while gold rose as investors hedged against a possible escalation in the trade war......»»

Category: topSource: reutersDec 9th, 2019

Tiger Global cuts Juul"s valuation by half to $19 billion: WSJ

Private equity firm Tiger Global Management has cut its valuation of e-cigaratte maker Juul Labs Inc by half to $19 billion, the Wall Street Journal reported on Monday......»»

Category: topSource: reutersDec 9th, 2019

Apple TV+ in talks to sign production deal with former HBO chief

Apple Inc. is on the verge of a coup. The technology company is in "advanced talks" with Richard Plepler, the former chairman and CEO of HBO, for Apple TV+, reported The Wall Street Journal. Under the deal, Plepler's company RLP & Co. would make orig.....»»

Category: topSource: bizjournalsNov 12th, 2019

Report: Vista Equity raises record-breaking $16B fund

Vista Equity Partners is reinforcing its standing as one of the biggest names in private equity. The Wall Street Journal reported Sept. 5 that Vista has raised $16 billion for its latest fund, a record for independent technology buyout funds. The $16.....»»

Category: topSource: bizjournalsSep 6th, 2019

Apple in advanced talks to buy Intel"s smartphone-modem chip business: WSJ

Apple Inc is in advanced talks to buy chipmaker Intel Corp's smartphone-modem chip business, the Wall Street Journal reported on Monday, citing people familiar with the matter......»»

Category: topSource: reutersJul 22nd, 2019

Apple close to buying Intel"s modem business: report

Apple Inc. could be within a week of agreeing to a deal to buy Intel Corp.'s modem-chip business, according to a Monday afternoon report. The Wall Street Journal reported that Apple and Intel are in advanced talks on a deal that values the busi.....»»

Category: topSource: marketwatchJul 22nd, 2019

The Wall Street Journal: Privately held Univision explores sale to larger media company

Univision Communications Inc. is exploring strategic options including a possible sale, according to people familiar with the matter, a process that could culminate in a long-sought deal for the Spanish-language broadcaster’s private-equity owners......»»

Category: topSource: marketwatchJul 3rd, 2019

The Wall Street Journal: UnitedHealth agrees to $3.2 billion deal to buy payments company Equian

UnitedHealth Group Inc. has agreed to buy health-care payments firm Equian LLC from its private-equity owner for about $3.2 billion, according to people familiar with the matter......»»

Category: topSource: marketwatchJun 20th, 2019

To TV Writers, Pay Fight With Agents Has Another Villain: Wall Street

As private-equity funds take big stakes in talent firms, the clients feel shortchanged, pointing to conflicts of interest in the packaging of deals......»»

Category: mediaSource: nytApr 24th, 2019

Hollywood Writers Trace Friction With Agents to Wall Street

As private-equity funds take big stakes in talent firms, the clients feel shortchanged, pointing to conflicts of interest in the packaging of deals......»»

Category: mediaSource: nytApr 23rd, 2019

Hedge Fund and Insider Trading News: Nelson Peltz, Aurelius Capital Management, PQ Group Holdings Inc (PQG), Omega Healthcare Investors Inc (OHI), and More

Neiman Marcus, in Debt Talks, Makes It Easier to Bet It Will Fail (The Wall Street Journal) Aurelius Capital Management, a distressed-debt hedg.....»»

Category: topSource: insidermonkeyMar 26th, 2019

The Wall Street Journal: BlackRock in advanced talks to buy French software firm eFront

BlackRock Inc. is in advanced talks to buy French software firm eFront, according to people familiar with the matter, as the world’s largest money manager seeks to become a bigger provider of the technology used by Wall Street......»»

Category: topSource: marketwatchMar 22nd, 2019

The Wall Street Journal: Lantern Capital is highest bidder for Weinstein Co. assets

Dallas-based private-equity firm Lantern Capital Partners topped the bidding for the film and television studio co-founded by Harvey Weinstein and is close to acquiring the business, according to people familiar with the matter......»»

Category: topSource: marketwatchMay 1st, 2018