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BlackRock, Microsoft, Others Team Up For $30B Artificial Intelligence Fund: Help US Fuel 'AI Innovation And Economic Growth'
Tuesday, September 17, 2024 - 5:08pm | 552Read More...Technology giant Microsoft Corporation (NASDAQ:MSFT) is teaming up with investment company BlackRock and several other partners on a new $30 billion investment fund to target the growing artificial intelligence sector. What Happened: The new investment, which adds to Microsoft's growing bets on the...
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BlackRock Sells $2.5B In Bonds To Help Fund Preqin Deal: Report
Wednesday, July 17, 2024 - 3:58pm | 534Read More...BlackRock, Inc. (NYSE:BLK) is selling $2.5 billion in U.S. investment-grade bonds to help pay for its $3.2 billion acquisition of private-markets data company Preqin. What Happened: According to Bloomberg, citing an anonymous source, BlackRock Funding plans to sell the notes in three tranches. The...
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Blackstone, GIP Offer To Buy $18.4B-Worth Railroad Operator Kansas City Southern
Thursday, September 3, 2020 - 3:16am | 306Read More...Kansas City Southern (NYSE: KSU) stock rose by 5.29% on Wednesday after a report by the Wall Street Journal suggested the company received a second takeover bid. What Happened: The uptick in stock price put the market valuation of KSU around $18.4 billion. Kansas City Southern has a rail...
