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How Did Ashton Kutcher Amass A $250M Investing Fortune? His Instinct To Spot Future Winners
Tuesday, September 13, 2022 - 5:20pm | 929Read More...Actor Ashton Kutcher made a name for himself starring in shows like “That ‘70s Show,” “Punk’d” and “Two and a Half Men” along with movies like “Dude, Where’s My Car?” and “Just Married.” While still a major force in...
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LeBron James Now Owns Part Of The Pittsburgh Penguins
Wednesday, December 1, 2021 - 7:27pm | 843Read More...NBA star LeBron James has played for three NBA teams and has had $1 billion in career earnings including salary and endorsements. He can now add another title to his resume: National Hockey League (NHL) team owner. What Happened: A rumored deal between the Pittsburgh Penguins of the NHL...
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Sports E-Commerce Company SIGNA Sports United Going Public Via SPAC: What Investors Should Know
Friday, June 11, 2021 - 12:36am | 548Read More...A leading e-commerce company in the sports sector announced it will go public, with a SPAC deal announced early Friday. The SPAC Deal: SIGNA Sports United will go public via a merger with SPAC Yucaipa Acquisition Corporation (NYSE: YAC). The deal values the company at an enterprise...
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Warner Music Shares Up 7% On Burkle Bid (WMG)
Thursday, April 7, 2011 - 2:44pm | 51Read More...Shares of Warner Music Group Corp. (NYSE: WMG) are moving higher, gaining more than 7% to $7.43, a gain of 51 cents after reports that Ron Burkle is interested in the company. A CNBC report earlier today announced that Burkle would bid $3 billion for the company.
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Ron Burkle Cuts Stake in American Apparel (APP)
Tuesday, January 25, 2011 - 5:19pm | 85Read More...Shares of American Apparel Inc. (AMEX: APP) are falling in the after-hours trade after Ron Burkle reported that he has cut his stake in the company. Currently shares are off by 5.17%, trading at $1.10; shares ended the regular session higher by 16.00%, trading at $1.16. American Apparel, Inc. is a...
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Walt Disney Shuns Weinsteins; Resumes Talks With Gores (DIS)
Tuesday, May 25, 2010 - 5:47pm | 129Read More...Walt Disney Co. (NYSE: DIS) has ended its talks with Harvey and Bob Weinstein to buy back Miramax Films. The Weinstein brothers were backed by investor Ron Burkle. The Wall Street Journal has stated that the complex structure of the acquisition was the primary reason behind the collapse of the...
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Ron Burkle Sues Barnes & Noble (BKS)
Friday, May 7, 2010 - 11:40am | 132Read More...Investor Ron Burkle has sued Barnes & Noble (NYSE: BKS) claiming that the company’s rights plan is designed to favor the controlling Riggio family. The investor has filed the case in Delaware Chancery Court, through his investment company, The Yucaipa Companies. Barnes & Noble’s (BKS)...
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Competition Intensifies For Miramax (DIS)
Wednesday, April 14, 2010 - 6:26pm | 147Read More...Walt Disney’s (NYSE: DIS) Miramax Films unit is garnering interest from potential suitors. There are currently three groups vying for the film unit. One of the groups, led by Alec and Tom Gores, has raised its bid for the studio. The group’s initial bid was $550 million. According to Reuters, One...
