Dealmaking

PE HUB First Read

First Read begins the day with news that Apple and Google remove dating apps that the FTC says expose children to predators, Kentucky Derby winner Country House will not race in Preakness due to illness and hackers steal $40.7 mln in bitcoin from exchange Binance.

Venture valuations soften modestly in Q1

Arsenal's deal for Hopebridge valued at ~$255 mln

PE HUB Second Opinion

In Second Opinion, GM Cruise raises $1.5 billion from SoftBank and Honda, Lyft posts large loss in its first quarterly report as a public company and the Dow drops 600 points.

In a more subdued China, venture funding for agtech soars

Florida to lift in-state tech-investment fund to $1 bln

The next Theranos is when, not if

PE HUB First Read

First Read begins the day with news that struggling discount grocer Save-A-Lot is reportedly seeking a buyer or investor, Kraft Heinz will restate earnings for 2016 and 2017 after employees faked numbers and CVC overhauls hiring process to attract more female talent.

Blue Wolf acquires Fox Rehabilitation after bank-run process stalled

PE HUB Second Opinion

In Second Opinion, Lord & Taylor may go up for sale, Uber and Lyft drivers are striking ahead of Uber's IPO and Prince Harry and Duchess Meghan of Sussex's first royal baby, a boy, is born.