Private Equity
The New York Yankees are in talks with Amazon.com Inc and Sinclair Broadcast Group Inc about a joint bid for the team’s regional sports network, Yes, the Wall Street Journal reported on Friday, sources told Reuters.
1 min read · 28 December 2018
3 min read · 28 December 2018
First Read wraps up the holiday week with news that Apple has lost more than $9 mln this year on its own stock, Sears may be down to its final hours and Epic Games, maker of Fortnite, reaps $3 bln of profit in 2018.
1 min read · 28 December 2018
2 min read · 28 December 2018
In Second Opinion, the Dow plunges yet again after biggest record-gain in history, the FDA chief is planning on meeting with e-cigarette makers amid crackdown and Slack, Uber, Airbnb, Lyft, and Pinterest top list of companies that could make 2019 an explosive IPO year.
1 min read · 27 December 2018
France’s Vinci (SGEF.PA) is paying about 2.9 billion pounds ($3.7 billion) for a majority stake in Gatwick, adding the second busiest airport in Britain to its portfolio despite the shadow of Brexit, Reuters reported.
2 min read · 27 December 2018
SEC slaps Lightyear with $400K fine; Siris heads for January final close on largest fund yet; What’s the biggest PE story of the year?
2 min read · 27 December 2018
Visa Inc (V.N) is paying 198 million pounds ($250.6 million) to buy Earthport Plc (EPO.L), a British firm that facilitates international transactions for banks and businesses, the U.S.-based payments group said on Thursday, Reuters reported.
2 min read · 27 December 2018
First Read begins the day with news that JCPenney stock falls below $1 for the first time, the Dow rallies 1,000 points, logging its biggest single-day gain ever, and Snapchat has added lenses for dog faces
1 min read · 27 December 2018
4 min read · 27 December 2018