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BVTV: Twitter’s board | Reuters VideoDirectors of the social network look exposed in Elon Musk’s $44 bln takeover. They didn’t run an auction, and some appear conflicted because of ties to the Tesla boss. Gina Chon explains why that could open the board up to lawsuits, even if investors approve a deal. GinaChon Oh let’s change a precedent, Musk should sue, because he single-handedly just caused a lot of people, like myself to come back on, because political censorship and gross abuses of power by twitter were why we left, whatever, I’ll leave again
Source: Breakingviews - 🏆 470. / 51 Read more »
Banijay to Go Public on Euronext Stock Exchange via SPAC DealBanijay, Stéphane Courbit’s TV production and distribution powerhouse behind “Survivor” and “Peaky Blinders,” is set to go public and enter the stock exchange in Amste…
Source: Variety - 🏆 108. / 63 Read more »
Chicken Soup To Acquire DVD Kiosk Merchant Redbox In $375 million Deal For Sagging SPACAmid stock market turmoil, Chicken Soup for the Soul Entertainment will slurp up ailing DVD kiosk merchant Redbox Entertainment.
Source: Forbes - 🏆 394. / 53 Read more »
Breakingviews - Super-car SPAC tests EV hype’s reset expectationsA Chinese super-car SPAC will test the reset expectations for electric vehicles. Investors were already beginning to question the rosy production and sales assumptions of upstarts from Nikola to Lordstown Motors before Russia’s invasion of Ukraine further snarled supply chains. Shares in Rivian Automotive , backed by Amazon and Ford Motor , are now 87% below their November high. The agreed $1.7 billion merger of CH-Auto, one of China’s very first battery-powered ventures, with a special-purpose acquisition company looks a prime target for even worse punishment.
Source: Breakingviews - 🏆 470. / 51 Read more »
WSJ News Exclusive | Silicon Battery Maker Amprius to Go Public in $1.3 Billion SPAC MergerAmprius Technologies reached a deal with a SPAC that values the maker of silicon-anode batteries at about $1.3 billion and would take it public, company officials said
Source: WSJ - 🏆 98. / 63 Read more »
‘Survivor’ Owner Banijay To Go Public Via SPAC DealBanijay, the company behind series such as Survivor, Peaky Blinders and MasterChef, is going public through an agreement with a SPAC investment group. The deal will see Banijay chairman Stephane Co… Give me a break.
Source: DEADLINE - 🏆 109. / 63 Read more »