Over $400M Robinhood Stock Linked To Sam Bankman-Fried, Dell Eyes Reducing Dependence On China, Walgreens Swings To Quarterly Loss: Top Stories Today
Benzinga $465M Of Robinhood Stock Linked To Sam Bankman-Fried To Be Seized By Justice Department The U.S. Department of Justice is working to seize $465 million worth of Robinhood Markets Inc (NASDAQ: HOOD) shares associated with Sam Bankman-Fried, the founder of the collapsed FTX cryptocurrency exchange. The prosecutors are not considering the 56 million Robinhood shares to be a part of the […]
ACI Worldwide Mulls Potential Sale To Private Equity
ACI Worldwide Inc (NASDAQ: ACIW) is reportedly discussing a potential sale with private equity firms. The payments-software provider said it is working with financial advisers as it fields takeover interest, Bloomberg reported. One of the people told Bloomberg there’s no certainty ACI will reach a deal given the … Full story available on Benzinga.com Read More
Tokyo Gas Poised To Acquire US Natural Gas Producer From Private Equity In Almost $5B Deal
Tokyo Gas Co Ltd’s (OTC: TKGSY) (OTC: TKGSF) unit is reportedly in advanced talks to buy Rockcliff Energy from Quantum Energy Partners for about $4.6 billion. The unit, TG Natural Resources, which is 70% owned by Tokyo Gas, is expected to announce the deal sometime this month, the sources told Reuters. Castleton … Full story available on Benzinga.com Read More
GSK Looking For Under-Appreciated M&A Targets, Not Trying To Be Next Roche Or AstraZeneca
GSK plc (NYSE: GSK) chief commercial officer Luke Miels says the company is looking at M&A targets that are under-appreciated worth $1 billion-$2.5 billion and avoid getting into a ‘bidding war.’ Luke added that GSK is looking to acquire or partner with biotechs’ hiding in plain sight’ to expand its pipeline. Earlier this year, GSK acquired Sierra Oncology for $55 […]
Bloomberg Shows Acquisition Interest in Dow Jones, Washington Post
Media tycoon Michael Bloomberg has reportedly shown interest in acquiring either Wall Street Journal’s parent company, Dow Jones, or The Washington Post as he finds Dow Jones an ideal fit for expanding the media business. He is also targeting the Washington Post if Jeff Bezos is ready to sell it, which he acquired in 2013 … […]
Twitter Was Being Scammed $60M Every Year, Tesla Freezes Hiring, Netflix On Microsoft’s Acquisition Radar: Today’s Top Stories
Benzinga ‘Twitter Was Being Scammed $60M Per Year:’ Elon Musk On Why 2FA Is Not Working For Some Users Are you a Twitter user wondering why you are having problems logging into your accounts or changing passwords because of disruptions in two-factor authentication codes? Twitter chief Elon Musk has just cleared the air for you. During a live Spaces […]
Netflix Said To Be On Acquisition Radar Of This Tech Giant
Netflix Inc. (NASDAQ: NFLX) has shed over 52% for the year-to-date period even as the company has embarked on a turnaround plan following a massive loss of net paid subscribers earlier this year. A report explored the possibility of the streaming giant being an object of interest to another large-cap tech company. What Happened: Software giant […]
On A Mission As Top European Player, Galapagos Looks For Acquisition Targets
Galapagos NV (NASDAQ: GLPG) is reportedly looking for M&A deals with companies with products still in the preclinical or early stage of development. The former chief scientific officer of Johnson & Johnson (NYSE: JNJ) took the reins at the struggling Belgian biotech this year. Paul Stoffels is on a “mission,” Financial Times reported, to reinstate Galapagos as a top […]
EXCLUSIVE: The Psychedelics Debate Is ‘Raging’ As Filament Debuts Ayahuasca Pill
Part two of a three-part series. Previous story: Standardized Ayahuasca Pill Is Officially Here, Feast Yourself With The Exclusive Details & Insights When it comes to the ayahuasca pill, Filament Health (OTCMTKS: FLHLF) CEO Ben Lightburn says the product won’t just be for the pharmaceutical market. “Maybe the pharma market will be a relatively small […]
Lockheed Martin, Boeing Among US Defense Companies In Potential Talks For Military Gear For Vietnam
In a bid to reduce its dependence on Russian arms, some Vietnam government officials and U.S. defense firms are reportedly discussing the supply of military gear. The talks are preliminary and may not lead to any deals. Lockheed Martin Corp (NYSE: LMT), Boeing Co (NYSE: BA), Raytheon Technologies Corp (NYSE: RTX), Textron Inc (NYSE: TXT), and IM Systems Group met with the officials on […]