You Searched For "acquisition news" and got 20 results
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2 mins read
Elon Musk's comments in an internal Twitter meeting were 'confusing' and 'hilarious', some staff say
Musk's comments in an all-hands meeting crystallized the fears of some Twitter employees, tech jour…
Isobel Asher Hamilton
1 min read
Chaos surrounding Elon Musk's Twitter deal means discussions about securing extra funding are now on hold, report says
Sources told Reuters that Elon Musk was in talks with equity groups to secure up to $3 billion in e…
Isobel Asher Hamilton
2 mins read
The SPAC-bubble collapse triggered a surge in the number of penny stocks. That's not great news for the market.
There are now hundreds of US-listed stocks trading below a dollar. It's creating market inefficienc…
Filip De Mott
1 min read
Elon Musk suggests cutting Twitter offer by proportion of bots and calls its lack of explanation 'very suspicious'
Musk agreed that if 25% of daily active users are fake accounts, the takeover should cost 25% less,…
Ryan Hogg
2 mins read
Elon Musk says he is spending less than 5% of his time on the Twitter acquisition deal
Elon Musk recently declared his proposed deal with Twitter was on hold until he sees evidence of ho…
Isobel Asher Hamilton
2 mins read
Elon Musk put his $44 billion Twitter buyout 'on hold.' He could be trying for a better price, buying himself time — or preparing to scrap the deal altogether.
Pressure on Tesla stock, a volatile market, and deal financing issues suggest Musk has got "cold fe…
Isobel Asher Hamilton
2 mins read
Elon Musk called Twitter newsfeed algorithms 'manipulative,' prompting a reply from founder Jack Dorsey, who disagreed with the claim
"You are being manipulated by the algorithm in ways you don't realize," Musk said. He told follower…
Ryan Hogg
1 min read
Elon Musk tweeted to say that his Twitter deal is 'temporarily on hold'
The Tesla CEO said the deal was on hold pending verification of a report that spam accounts make up…
Isobel Asher Hamilton
1 min read
Elon Musk told investors he'd probably double or triple their money if they backed his Twitter buyout, report says
Musk also said a return of five to ten times their investment wasn't out of the question if all wen…
Isobel Asher Hamilton
2 mins read
Trump's Truth Social supports Elon Musk's purchase of Twitter, CEO says
Devin Nunes, the CEO of Trump's platform, said he encourages Musk to buy Twitter because "someone h…
Isobel Asher Hamilton
1 min read
FCC official says antitrust regulators should 'welcome' Elon Musk's proposed $44 billion acquisition of Twitter
Musk's pledge to boost free speech on Twitter "would almost certainly enhance competition," Nathan …
Isobel Asher Hamilton
1 min read
Wipro to acquire 100% stake in Rizing for $540 million
The deal will require anti-trust approvals under the competition laws of the US, Germany, and Canad…
PTI
1 min read
Elon Musk to buy Twitter for $44 billion
The company's board approved the billionaire's offer of $54.20 per share, for a total of $44 billio…
Isobel Asher Hamilton,Ben Gil…
2 mins read
Elon Musk and Twitter are nearing a deal over his $43 billion takeover offer, reports say
Deal talks kicked off Sunday, multiple outlets reported. They represent a significant thawing of Tw…
Huileng Tan
2 mins read
It's official Twitter is fighting back against Elon Musk's buyout offer with a 'poison pill' defense
Billionaire Elon Musk offered to buy Twitter this week for $43 billion. On Friday, Twitter opted fo…
Ben Gilbert,Gabrielle Bienasz
3 mins read
Gland Pharma announces acquisition of Europe’s Cenexi Group for €120 mn, shares fall 4.37%
Gland Pharma Limited, a generic injectable focused contract development and manufacturing compa…
3 mins read
Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks
Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …
1 min read
Warrants tied to Donald Trump's SPAC soar 2,686% amid merger hype
Public warrants tied to SPACs are inherently more volatile than the underlying stock because they c…
Matthew Fox
2 mins read
Twitter is reportedly tracking how many workers turn down job offers due to fears over Elon Musk
Billionaire Elon Musk's $44 billion purchase of Twitter has yet to close, but it's already having i…
Ben Gilbert
1 min read
Budget airlines Frontier and Spirit to merge in $6.6 billion deal that could create the US' 5th largest airline
By merging, Frontier and Spirit Airlines said they "expect to deliver $1 billion in annual consumer…