Tag Archives: acquiring

Sony has ruled itself out as one of the companies interested in acquiring Warner Bros after it essentially put itself up for sale. Last week, Warner Bros revealed it has “initiated a review of strategic alternatives to maximise shareholder value”. The quote came after rumours of bids for the firm. From a video games perspective, a successful takeover from Sony …

Warner Bros. Discovery is formally up for sale, with the company inviting bids on the company as a whole or various slices of its assets. Paramount Skydance has already offered $24 per share for the whole company, but has so far had its proposals rebuffed by the media giant. CEO David Zaslav has financial bonuses attached to executing a sale, …

Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash and equity, with up to $300 …

Tech giant Apple (AAPL) is close to acquiring Prompt AI, which is a computer vision startup best known for its home security camera app, Seemour. In fact, according to CNBC, in a recent company-wide meeting, Prompt told employees about the deal and explained that those not joining Apple would receive a reduced salary but could apply for Apple jobs. Interestingly, …

Longtime CBS Evening News anchor and regular 60 Minutes contributor Dan Rather does not like what he sees happening at — and to — his old employer. Before David Ellison bought Paramount Global and merged it with his Skydance (forming Paramount Skydance), there were “several instances in which the previous owners … tried to sort of dictate what kind of …

KEY TAKEAWAYS Dan Ives, the high-profile tech analyst at Wedbush Securities, is joining Eightco, which is planning to accumulate Worldcoin, the cryptocurrency co-founded by OpenAI CEO Sam Altman. Eightco said it is raising around $250 million from a private placement “to implement the first-of-its-kind Worldcoin treasury strategy.”  Eightco has also raised funds from BitMine, the ether accumulator helmed by Fundstrat’s Tom …

By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund Toms Capital Investment Management has requested to meet with the board at U.S. railroad operator CSX (CSX) after recently buying a stake, people familiar with the matter said, raising speculation the firm may push for a possible merger. Toms Capital, run by Ben Pass, invested in the railroad during the second quarter, …

SAP announced Friday that it has reached an agreement to acquire recruiting software company SmartRecruiters. In a press release, the European software giant said that SmartRecruiters “powerful, user-friendly interfaces and seamless workflows” will complement SAP’s existing HR tools. Muhammad Alam, the SAP executive board member who leads product and engineering, said in a statement that with this acquisition, “Customers will …

Mets acquiring Cedric Mullins in trade with Orioles  SNY Mets get their center field help in trade for Cedric Mullins (source)  MLB.com Sources: Mets find CF fix, get Mullins from O’s  ESPN Mets trade for Cedric Mullins: NL East frontrunners upgrade outfield in trade with Orioles, per report  CBS Sports Mets To Acquire Cedric Mullins  MLB Trade Rumors Source link

NEW YORK — New York Yankees manager Aaron Boone did not hide his desire for the front office to add pitchers to his disposal, telling reporters he was hoping the club would add at least one or two more arms. After adding three hitters to their roster in the past few days, the No. 1 need for the Yankees to …