WSJ News Exclusive | Starboard SPAC Nears $3.4 Billion Deal for Data-Center Company Cyxtera
A special-purpose acquisition company backed by shareholder activist Starboard Value LP is nearing a deal to combine with data-center provider ...
Tag: Alternative Investments
Quibi Says Elliott Management Might Have Supported Patent Lawsuit Because of Personal Motive
Defunct streaming service Quibi is trying to force executives at Elliott Management to explain whether the hedge fund’s involvement in ...
Alden Global Capital Agrees to Buy Rest of Tribune Publishing
A New York hedge fund that is the largest shareholder in Tribune Publishing Co. has reached a deal to acquire ...
Bumble Stock Surges 64% in Market Debut
Shares of online-dating company Bumble Inc. jumped 64% in their trading debut Thursday amid huge interest in matchmaking apps and ...
Clubhouse Wins Over Hollywood, Tech, Even Elon Musk. Are You Next?
Clubhouse and other audio-based social networks are attracting users with a simple appeal: hearing another human voice. Emerging social-media apps ...
Colin Kaepernick forms SPAC, with eye on social justice
Former NFL quarterback Colin Kaepernick is the latest to create a special purpose-acquisition company, seeking to raise up to $287.5 ...
Elliott Management considering creating a SPAC
Elliott Management Corp., the hedge fund best known for its high-profile shareholder-activist campaigns, is looking to join the sizzling SPAC ...
Energy stocks and bonds shine after brutal slump, even as Biden moves to curb fossil fuels
About nine months ago, oil futures did a crazy thing and briefly crashed into negative territory, marking a low point ...
This big Wall Street player made out like a bandit on AMC stock
Private-equity firm Silver Lake made out like a bandit this week by piggybacking off the stock market frenzy stoked in ...
The Best and Worst U.S. Airlines of 2020
Airline customers didn’t do much flying last year, but they sure had plenty to complain about.The 2020 edition of the ...
GameStop Stock Jumps to New Record
GameStop Corp. shares surged to a record Monday, before pulling back and giving up much of their gains, the latest ...
Carrefour shares slump as Couche-Tard’s short pursuit ends while European stocks and U.S. futures drift
Shares of Carrefour slumped 7% on Monday, after Canada’s Alimentation Couche-Tard ended its short-lived takeover bid to buy the French ...
Intel Ousts CEO Bob Swan
Intel Corp. ousted its chief executive in a surprise move that pivots the semiconductor giant closer to its engineering roots ...
Union Seeks Removal of Alden Members From Tribune Board in Wake of Buyout Offer
A labor union representing newsroom employees at seven of Tribune Publishing Co. TPCO 0.99% ’s nine newspapers is demanding the ...
WSJ News Exclusive | Alden Global Seeks to Buy Tribune Publishing
A hedge fund that owns a big stake in Tribune Publishing Co. TPCO 0.31% is seeking to buy the newspaper ...
Third Point Calls on Intel to Explore Strategic Alternatives
Activist hedge fund Third Point LLC is urging Intel Corp. INTC 4.57% to consider strategic changes after a year in ...
How an Energy Startup’s Plan to Disrupt the Power Grid Got Disrupted
Bloom Energy Corp. became a hot startup more than a decade ago by promising to upset the utility industry ...
How Some Black Startup Founders Are Thriving in a Pandemic Year
The world of venture capital is notoriously insular. For tech startups hoping to attract millions of dollars from private ...
HBO’s ‘Industry’ Recap, Episode 2: What’s the Competition All About?
If the first episode of “Industry” was all about introducing us to Pierpoint & Co.’s new graduate hires and ...
Opinion | Labor vs. the ESG Racket
One of the stakes in who controls the Senate in 2021 is the fate of the Trump Administration’s deregulation ...
