Tag Archives: Billion

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. …

Intel Stock Gains After Softbank Makes $2 Billion Investment. Why It’s a Big Deal for the Beleaguered Chip Maker.  Barron’s Intel gets $2 billion lifeline in the form of SoftBank equity investment  Reuters SoftBank shares fall over 5% after it announces $2 billion investment in Intel  CNBC Intel secures $2bn lifeline from Japan’s SoftBank  The Guardian Intel stock jumps 5% as SoftBank takes $2 …

Enhances Nexstar’s Position as a Leading Local Media Company Preserves High-Quality Local Journalism and Diversity of Opinion Strengthens Ability to Compete with Big Tech and Big Media   Expected to Drive Increased Profitability and Returns for Nexstar Shareholders IRVING, Texas and TYSONS, Virginia (Aug. 19, 2025) – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) and TEGNA Inc. (NYSE: TEGNA) (“TEGNA”) announced …

Intel Announces $2 Billion Investment by SoftBank. Why It’s Key for the Stock.  Barron’s Intel Stock Jumps as SoftBank Invests $2B in Struggling Chipmaker  Yahoo Finance SoftBank shares fall over 5% after it announces $2 billion investment in Intel  CNBC Intel gets $2 billion lifeline in the form of SoftBank equity investment  Reuters SoftBank held discussions with Intel to buy its chipmaking business, FT …