-
Trump Says TikTok Has 'A Lot Of Potential Buyers,' Deal To Come Before Saturday Deadline
Monday, March 31, 2025 - 10:13am | 433Read More...President Donald Trump told reporters on Sunday that an agreement to sell TikTok’s U.S. operations to a non-Chinese buyer is expected to be finalized before the April 5 deadline. The Details: President Trump set the Saturday deadline for a sale in January under a 2024 law requiring ByteDance...
-
Webull To Go Public With SPAC Merger: What Investors Need To Know
Wednesday, February 28, 2024 - 10:48am | 500Read More...Digital investment platform company announced a SPAC merger to go public. Looking at the details and what's next for the company. Digital investment platform Webull Corporation is going public via a SPAC merger announced Wednesday. The news comes years after reports that Webull was nearing an...
-
General Atlantic Can't Have Enough Of India's Reliance, To Invest Another $500M
Wednesday, September 30, 2020 - 4:21am | 498Read More...Equity firm General Atlantic on Tuesday disclosed it would invest close to $500 million (INR 36.75 billion) in Reliance Industries Ltd's retail venture. What Happened: On a fully diluted basis, General Atlantic’s investment will represent around 0.84% stake in Reliance...
-
ByteDance Investors Sequoia, General Atlantic Lend Support To Oracle TikTok Bid: WSJ
Tuesday, August 25, 2020 - 1:03am | 468Read More...Two major investors in TikTok parent company ByteDance are lending support to Oracle Corp’s (NYSE: ORCL) purchase of the short-form video app, with the intent of being a part of a deal, the Wall Street Journal reported Monday. What Happened: General Atlantic and Sequoia Capital...
-
General Atlantic To Invest $871M In India's Jio Platform, Joining Facebook, Vista, Silver Lake As Stakeholders
Monday, May 18, 2020 - 3:08am | 284Read More...New York-based private equity firm General Atlantic is investing $871 million in Indian behemoth Reliance Industries Ltd.'s digital arm Jio Platforms, the latter announced Sunday. The funding values Jio at around $68.3 billion and gives General Atlantic about 1.34% stake in India's largest...
-
Box Just Did Something Rare For A Company About To Go Public
Tuesday, July 8, 2014 - 11:57am | 596Read More...It is rare for a company that has already filed for an IPO to seek new financing. Box Inc. did just that Monday, raising $150 million from private equity firm, TPG Growth and from Coatue Management, L.L.C. According to The Wall Street Journal, data from Dow Jones VentureSource indicated that...
-
Blackstone Group to Take Emdeon Private
Friday, August 5, 2011 - 9:20am | 368Read More...Blackstone Group (NYSE: BX) has signed a definitive agreement to take health-care payment services company Emdeon (NYSE: EM) private in a transaction valued at about $3 billion. Blackstone will pay $19 a share for the Nashville, Tenn., company; the stock closed Thursday at $18.35. Debt financing...
-
General Atlantic Buys Stake In Facebook
Thursday, March 3, 2011 - 4:41pm | 54Read More...Private equity firm General Atlantic has purchased a stake in Facebook which values the company at $65 billion, up $15 billion from the $50 billion that the Goldman Sachs investment valued it at. General Atlantic has $17 billion in capital, and generally makes between 8 and 12 investments per year...
