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Fisker Shares Rise in NYSE Debut, CEO Talks Future EV Market On CNBC
Friday, October 30, 2020 - 10:49am | 719Shares of Fisker Inc begin trading on the NYSE Friday after the completion of a special purpose acquisition company merger with Spartan Energy Acquisition Corp (NYSE: SPAQ). Henrik Fisker On CNBC: On Friday morning, Fisker Inc (NYSE: FSR) CEO Henrik Fisker was interviewed by Jim Cramer...
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CoreLogic Pops On Faber M&A Report
Wednesday, October 28, 2020 - 9:59am | 140CoreLogic, Inc. (NYSE: CLGX) shares spiked to a session high Wednesday morning after David Faber mentioned the company on CNBC. The stock jumped up 5% and was then halted on circuit breaker following Faber's report the company is in a potential bid at $80+ per share. Faber said the company...
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Nikola's Founder Talks EV Developer's Q2 Results, 2020 Goals
Wednesday, August 5, 2020 - 2:24pm | 441Nikola Corporation (NASDAQ: NKLA) reported its first-ever earnings as a public company with zero revenue and no physical product to showcase, CNBC's David Faber said on "Squawk on the Street." The post-earnings conference call was notable for CEO Mark Russell not being "...
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Making Sense Of Taubman's Counterclaim Against Simon Property
Thursday, June 18, 2020 - 3:02pm | 444Mall owner Taubman Centers, Inc. (NYSE: TCO) is taking legal action and says Simon Property Group Inc (NYSE: SPG) has no right to terminate the merger agreement between the companies. What Happened: Simon agreed to acquire Taubman for $3.6 billion, or $52.50 per share, in...
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Analyst: Tiffany A 'Motivated' Seller, But Not At $120
Monday, October 28, 2019 - 11:40am | 591Tiffany & Co. (NYSE: TIF) confirmed Monday that it received an unsolicited and non-binding takeover proposal from LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) at $120 per share. Tiffany Is Interested, But Not At $120 Tiffany is open to a deal to sell itself to LVMH, but not at $120 per share,...
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Cramer On WeWork IPO: Go Away And Come Back When Things Are Better
Friday, September 13, 2019 - 1:34pm | 467Jim Cramer has a simple piece of advice for WeWork ahead of its initial public offering: "Go away." What Happened Today WeWork's valuation may have fallen from $47 billion to a range of $10 billion to $12 billion, sources told CNBC's David Faber. WeWork also introduced a handful...
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Symantec Plunges After CNBC Reports Broadcom Deal Is Off The Table
Monday, July 15, 2019 - 9:56am | 340Broadcom Inc's (NASDAQ: AVGO) reported interest in acquiring cybersecurity company Symantec Corporation (NASDAQ: SYMC) has come to an end with no merger agreement finalized. What Happened Sources close to merger talks told CNBC's David Faber Symantec isn't interested in any deal less...
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Faber: T-Mobile, Dish A Step Closer To Finalizing Divestiture
Tuesday, July 2, 2019 - 11:23am | 297Dish Network Corp (NASDAQ: DISH) and T-Mobile Us Inc (NASDAQ: TMUS) have agreed to a divestiture deal, which brings the two a step closer to gaining government approval of its merger along with Sprint Corp (NYSE: S), according to CNBC’s David Faber. In June, New York Attorney General Letitia...
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Report: Howard Hughes Exploring Strategic Alternatives, Possible Sale
Thursday, June 27, 2019 - 11:08am | 197Howard Hughes Corporation (NYSE: HHC) shares spiked shrply higher Thursday morning after CNBC's David Faber reported the company has hired Centerview Partners to explore alternatives, including a sale. Howard Hughes is a major real estate development and management company based in Dallas,...
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CBS Reportedly Prepping For Talks With Viacom: What's Different Now?
Thursday, May 30, 2019 - 12:54pm | 319CBS Corporation (NYSE: CBS) shares were trading higher Thursday on word that the company's board may be preparing for merger talks with Viacom, Inc. (NASDAQ: VIAB) that would begin in June, according to CNBC's David Faber. What Happened It isn't the first time reports have...
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Report: CBS, Moonves In Departure Talks
Thursday, September 6, 2018 - 10:40am | 379CBS Corp. (NYSE: CBS) CEO Les Moonves is reportedly in negotiations to leave the media giant after accusations of sexual misconduct. What Happened The CBS board is involved in settlement talks that would likely remove Moonves from the company, accordind to CNBC. The talks have...
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Allergan Looks To Sell Women's Health, Infectious Disease Businesses
Wednesday, May 30, 2018 - 11:41am | 254Allergan plc (NYSE: AGN) has concluded its strategic review and now plans to sell its women’s health and infectious disease businesses, according to CNBC. What Happened Allergan will redirect its focus to medical aesthetics and dermatology, ophthalmology, central nervous system and...
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Elliott Management Makes $160-Per-Share Takeover Offer For Athenahealth
Monday, May 7, 2018 - 10:13am | 400Activist investor Elliott Management confirmed Monday it is working to fully acquire athenahealth, Inc (NASDAQ: ATHN). What Happened CNBC's David Faber reported Monday morning that Paul Singer's Elliott Management, already an 8.9-percent owner of Athenahealth, is prepared to pay $155 to $...
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Broadcom's Planned Move To U.S. The Latest In Qualcomm Bid Drama
Monday, March 12, 2018 - 2:05pm | 447The ongoing saga of Broadcom Ltd (NASDAQ: AVGO)'s attempt to acquire QUALCOMM, Inc. (NASDAQ: QCOM) has become more complicated and now includes a new player: industry titan Intel Corporation (NASDAQ: INTC) What Happened On Friday The combination of Broadcom and Qualcomm could result in Intel...
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JPMorgan-Amazon-Berkshire Hathaway Health Care Effort Is 'Brilliant,' Says Techonomy CEO
Tuesday, January 30, 2018 - 5:41pm | 760JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon is teaming up with Amazon.com, Inc. (NASDAQ: AMZN)'s Jeff Bezos and Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B)'s Warren Buffett to create a new health care company tasked with addressing one of the "greatest issues facing...