Tag Archives: Billion

Lowe’s tops Home Depot with an $8.8 billion buyout deal and an earnings beat  MarketWatch Lowe’s beats on quarterly earnings, buys home pros business for $8.8 billion  CNBC Lowe’s Boosts Full-Year Revenue Outlook, to Buy Home-Professional Firm for $8.8 Billion  The Wall Street Journal Lowe’s to Buy Foundation Building in $8.8 Billion Cash Deal  Bloomberg.com Lowe’s buying Foundation Building Materials for about $8.8B as …

Lowe’s to buy Foundation Building Materials for $8.8 billion to boost contractor business  Reuters Lowe’s to acquire PE-backed Foundation Building Materials for $8.8B  Axios Lowe’s tops Home Depot with an $8.8 billion buyout deal and an earnings beat  MarketWatch Lowe’s beats on quarterly earnings, buys home pros business for $8.8 billion  CNBC Lowe’s Boosts Full-Year Revenue Outlook, to Buy Home-Professional Firm for $8.8 Billion  The …

SAN FRANCISCO (AP) — U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO. READ MORE: …

SAN FRANCISCO (AP) — U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO. The ambitions …

How Pimco Outmaneuvered Apollo and KKR to Win $29 Billion Meta Deal  Bloomberg Meta’s $29 billion funding for AI data center expansion in rural Louisiana secured through partnership with Pimco and Blue Owl Capital  AInvest Meta’s $29B Data Center Bet Sparks Blue’s 44.88% Trading Volume Surge to $270M Now 428th in Market Activity as AI Reshapes Infrastructure Finance  AInvest Source link

Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, which will help strengthen its local news offerings. The transaction, if approved, will bring together two major players in U.S. television and the country’s local news landscape. Nexstar oversees more than 200 owned and partner stations in 116 markets nationwide, including Denver’s Fox31, and also runs networks like The …

Intel’s $25 Billion Rally Sends Valuation to Dot-Com Levels  Bloomberg.com Intel gets $2 billion from SoftBank as White House mulls stake  Fox Business SoftBank and Trump may not be enough to save Intel  Yahoo Finance Intel gets $2 billion lifeline in the form of SoftBank equity investment  Reuters “I Appreciate the Confidence…” Intel Stock (NASDAQ:INTC) Surges as SoftBank Buys In  TipRanks Source link

Facebook Tweet Email Link Nexstar, the biggest owner of US TV stations, is trying to get even bigger, believing the Trump administration will allow it to do so. On Tuesday, Nexstar announced a deal to acquire another broadcast station heavyweight, Tegna, in a $6.2 billion deal including debt. The deal will require government approval. Public interest groups say TV mega-mergers …

In a deal to combine two major players in the local TV station biz, Nexstar Media Group said it reached an agreement to buy Tegna in a transaction valued at $6.2 billion. The purchase price is inclusive of Tegna’s net debt and estimated transaction fees and expenses. The deal, subject to regulatory approval including by the FCC, is expected to …

Ozempic, a drug used for diabetes and weight loss, is facing one of the largest pharmaceutical legal battles in recent years, with over 1,800 lawsuits already filed in US courts and more growing rapidly. Analysts estimate that the total liability for manufacturer Novo Nordisk could cross 2 billion dollars, making it one of the costliest drug safety disputes in history. …