Deal

The S&P 500 index has yielded a 220% return in the last 10 years. Peter Mallouk, the CEO of Creative Planning Inc., highlights this data and recalls veteran investor Charlie Munger‘s insights on the power of compounding and being patient through uncertainty. What Happened: According to...

President Donald Trump expressed his hesitation to escalate tariffs on China, citing potential trade stagnation. He also hinted at China’s attempts to negotiate a deal. What Happened: Trump voiced his concerns about escalating tariffs on China, suggesting it could hinder trade between the two...

New On The Block Harley-Davidson (NYSE:HOG) is selling its financing arm. Bloomberg estimates a price tag of $1 billion. The Milwaukee-based motorcycle brand could market the segment to various buyers, including regional banks and private equity firms. Separately, there’s drama brewing on...

New On The Block Intevac, Inc. (NASDAQ:IVAC), which manufactures technologies for applications like solar cells and hard disk drives, has undergone a makeover. With its old restructuring woes in the rearview mirror, the company’s forecasted EBITDA is looking a lot healthier — basically, it...

A sale of Paramount Global (NASDAQ:PARA) could have varied outcomes for Shari Redstone, the controlling shareholder, and other investors in the entertainment giant. National Amusements, controlled by Redstone and has a significant voting stake in Paramount, is in exclusive negotiations to sell...

Two significant developments occurred for Ripple this week; the company withdrew from the Fortress acquisition, as the inclusion of Ripple Labs in the NBG’s exclusive list marked notable gains in price and volume for XRP (CRYPTO: XRP). What Happened (Fortress Deal)?   In...

MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) has executed a supplementary agreement to its asset purchase agreement with 1193269 B.C. Ltd., operating as Shelter Cannabis for the Shelter Cannabis Brands IP portfolio, ending any ongoing royalty payments after August 31, 2023. Under the...

Global Bank, ING Groep (NYSE: ING) announced the sale of its 85% stake in fintech subsidiary, Cobase to U.K.-listed Alpha Group through the signing of a conditional agreement which is yet to be approved by the Dutch Central Bank. The remaining stake is set to be acquired through a performance-...

Green Check Verified, a fintech connector, technology, and insights provider in the emerging cannabis market, has partnered with PFCU, a community-based credit union with 13 locations in Michigan. This partnership empowers PFCU to expand its cannabis banking offering to legal cannabis businesses...

 Just days after Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) notified Goodness Growth Holdings, Inc. (CSE:GDNS) (OTCQX: GDNSF) of its intentions to ditch a deal to acquire the Canadian cannabis producer, Goodness Growth revealed a plan to...

Pervasip Corp. (OTC: PVSP), together with Zen Asset Management LLC, announced on Monday the execution of a letter of intent to acquire substantially all of the assets of BCCTG LLC. BCCTG, owner of various brands, including Emerald City Cultivation, Emerald City Cured, Dabco, Dabs4Less and...

Elon Musk has said he is ready to proceed with the Twitter Inc (NYSE: TWTR) takeover deal at $54.20 per share. Later, he asked the Twitter board to end all litigation before the deal closed.  However, Twitter called Musk's latest request to drop litigation an "invitation to...

The U.S. Federal Trade Commission (FTC), led by Chair Lina Khan, has started scrutinizing Amazon.com, Inc's (NASDAQ: AMZN) $1.7 billion deal to buy Roomba vacuum maker iRobot Corporation (NASDAQ: IRBT). In August, Amazon announced its all-cash deal of $61 per share to acquire iRobot....

According to a leaked report being revealed by Coindesk, BlockFi’s long-time backer cryptocurrency investment firm Morgan Creek Digital is trying to raise $250 million to counter FTX’s bailout by purchasing a majority stake in the cryptocurrency exchange.  Recently, BlockFi...