Bill Foley

Cerity Partners' Jim Lebenthal recently bought Wynn Resorts Ltd (NASDAQ: WYNN) stock as a reopening play, he said Tuesday on CNBC's "Fast Money Halftime Report." Lebenthal's Thesis: Lebenthal expects the COVID-19 delta variant concerns to subside, which should lead...

A leading omnichannel customer acquisition platform announced a SPAC deal Tuesday with a well-known SPAC sponsor. The SPAC Deal: System1 announced a SPAC merger with Trebia Acquisition Corp (NYSE: TREB). The SPAC is one of several launched by Bill Foley, who will join the board of directors upon...

Foley Trasimene Acquisition II Corp (NYSE: BFT) shares rose 5.7% in regular trading on Monday and jumped another 1.5% in the after-hours.  What Happened: The merger of the special purpose acquisition company, set up by Vegas Golden Knights owner Bill Foley, with multinational...

The Blackstone Group Inc (NYSE: BX)-owned benefits service provider Alight Solutions LLC is nearing a merger deal with Bill Foley-led blank-check company Foley Trasimene Acquisition Corp (NYSE: WPF) to go public, Reuters reported Sunday. What Happened: The deal that values Alight at $7.3 billion,...

Blackstone Group Inc (NYSE: BX) may be about to take a human resources service provider public by way of a SPAC. What Happened: Reuters reports, citing anonymous sources, that the private equity giant is in talks with investor Bill Foley to use his Foley Trasimene Acquisition Corp. as the vehicle...

One of the largest SPAC deals to date was announced Monday, with online payments company Paysafe going public. The Transaction: Paysafe is going public via SPAC Foley Transimene Acquisition Corp II (NYSE: BFT). The deal values Paysafe at an enterprise value of $9 billion. The deal includes a PIPE...

The National Hockey League (NHL) confirmed on Wednesday that it has granted an expansion franchise to the city of Las Vegas for the 2017–18 season. The team is owned by billionaire businessman Bill Foley. The NHL's Board of Governors unanimously approved the expansion, marking the first time...