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“Elon Musk in talks to partner on Twitter bid with buyout firm” Elon Musk is in talks with private-equity firm Thoma Bravo about partnering on a possible takeover bid for Twitter, two sources close to the situation said. Thoma Bravo, a Chicago-based buyout firm that’s focused on the technology sector, could be the key to…
“Rite Aid rejected $800 million takeover bid this month: sources” Rite Aid earlier this month quietly rejected a takeover bid that valued the drugstore chain at more than $800 million — despite it being nearly twice the drugstore chain’s current stock price, The Post has learned. Private-equity firm Spear Point Capital Management said it made…
“Grubhub could be dumped just one year after $7.3B acquisition” Just one year after being acquired by a European conglomerate, Grubhub may get dumped. Netherlands-based Just Eat Takeaway.com said on Wednesday it is exploring a partial or full sale of GrubHub or bringing in a strategic partner at the urging of its shareholders. After reporting…
“Elon Musk scrambles to find backers for Twitter takeover: sources” Elon Musk is the richest person in the world, but he’s scrambling to assemble a buyout bid for Twitter using other people’s cash. The Tesla tycoon — who is worth $270 billion, according to Forbes — is angling to finance his $43 billion bid to…
“Apollo Global interested in Twitter, Elon Musk partnership” More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter said on Monday. The sources, who declined to be identified, did not name the firms. The interest emerged after the New York Post reported Thoma Bravo, a technology-focused private…
“David Zaslav wants to set CNN apart from ‘advocacy networks’” Warner Bros. Discovery boss David Zaslav wants CNN to focus on the facts and set itself apart from a cable-news industry that he says is monopolized by “advocacy networks.” Zaslav, who took the helm of the new company this week, wasted no time laying out…
“Elon Musk says he’s ‘not sure’ he’ll be able to acquire Twitter” Elon Musk suggested on Thursday that buying Twitter and taking it private may not be in the cards as the social media platform’s board of directors appears ready to throw up obstacles to thwart a hostile takeover bid from the world’s richest man….
“Read Elon Musk’s text, voice messages to Twitter ahead of offer” A securities filing detailing Elon Musk’s offer Thursday to buy Twitter at $54.20 per share reveals the unusual way he broke the news to the company – including apparent transcripts of text messages and voicemails to Twitter’s board. A section of the filing labeled…
“Elon Musk offers to buy Twitter for $41 billion” Elon Musk has launched a $41 billion bid to buy Twitter, saying the proposed deal is part of his plan to bring “free speech around the globe” just days after rejecting a seat on the social media company’s board. Musk’s offer price of $54.20 per share,…
“Warner Bros. Discovery CEO David Zaslav meeting CNN anchors after merger” Warner Bros Discovery CEO David Zaslav is rushing to meet employees across the newly created media giant amid fears of widespread layoffs — and festering anger over ex-CNN boss Jeff Zucker’s ouster. Zaslav, who led Discovery, home to Animal Planet, TLC and HGTV, is…