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Mark Cuban, Donald Trump, Dave Portnoy And More React To Elon Musk's Twitter Bid
Thursday, April 14, 2022 - 1:26pm | 1380Elon Musk made headlines once again Thursday with news that he has offered to buy out the remainder of Twitter Inc (NYSE: TWTR). The news has increased the volatility in shares of the social media company and also led to a number of opinions on what the buyout means. What Happened: Elon Musk, the...
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Does Elon Musk Actually Want To Buy Twitter? 'Maybe This Is All A Joke'
Thursday, April 14, 2022 - 9:19am | 653Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is showing active interest in Twitter Inc (NYSE: TWTR) again, but this time he wants to buy the whole company. What Happened: Musk on Thursday announced an offer to buy Twitter. According to a 13D filing with the U.S. Securities and...
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EXCLUSIVE: New NFT Fund Launching To Give Investors Blue-Chip Access; How You Can Invest
Friday, February 4, 2022 - 8:51am | 905The emergence of non-fungible tokens as an investment opportunity; the utility for holders; and the connection with communities are among the reasons more people are searching for NFT in investments. While more public companies are getting into NFTs, offering investors an...
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EXCLUSIVE: What's Next For SPACs In 2022? Experts Share Stocks To Watch
Sunday, January 9, 2022 - 12:05pm | 845One of the biggest words for investors in 2021 was SPACs. While special purpose acquisition companies have been around for years, 2021 became the year that they took over the market in terms of IPOs and as a topic of conversation. There were over 600 new SPACs that went public in 2021 and over 150...
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EXCLUSIVE: SPACs Attack In 2021 — The Best Deals And Biggest News Items From A Breakout Year
Saturday, January 8, 2022 - 10:39am | 970One of the biggest words for investors in 2021 was SPACs. While special purpose acquisition companies have been around for years, 2021 became the year that they took over the market in terms of IPOs and as a conversation topic. Over 600 new SPACs went public in 2021 and over 150 deals were...
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Could Forbes Go Private Instead Of A SPAC Deal? Here's What The Latest Report Says
Tuesday, December 21, 2021 - 2:57pm | 508A leading financial media company could have an alternative to a previously announced SPAC merger, according to a new report. What Happened: Investment firm GSV Asset Management could be bidding to buy Forbes Media in an alternative buyout for the company versus a previously announced SPAC merger,...
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Toronto Blue Jays, Denver Broncos And More Sports Teams Could Be For Sale: Will A SPAC Land A Deal?
Friday, December 3, 2021 - 4:55pm | 1226Ownership of sports teams has often been limited to the wealthy or family members who inherited the team. A handful of sports teams are publicly traded, offering investors the opportunity to buy shares in the company. A handful of sales have happened across the four major U.S. sports over the last...
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Making SPACs Great Again? Trump Stock DWAC Surges 356%, Shines Attention On Out-Of-Favor Sector
Thursday, October 21, 2021 - 5:55pm | 969On Thursday, a SPAC deal was announced to bring a new social media platform and other businesses from former President Donald Trump to the public markets. The SPAC Deal: Trump Media & Technology Group is merging with Digital World Acquisition (NASDAQ: DWAC) in a deal valuing the company at $875...
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Why Is This SPAC Surging 160% Today?
Wednesday, August 25, 2021 - 9:04am | 431Shares of Locust Walk Acquisition Corp (NASDAQ: LWAC) are surging higher Wednesday morning after the merger with eFFECTOR Therapeutics was approved. eFFECTOR Therapeutics is focused on selective translation regulation inhibitors to treat cancer. The SPAC merger valued the company at $419...
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Post Holdings Launches $400M SPAC Targeting Consumer Sector
Wednesday, February 10, 2021 - 8:19pm | 491In the first of what could be a growing trend, a publicly-traded company is launching a special-purpose acquisition company to bring a private company public under a separate ownership structure. The SPAC: Post Holdings Inc (NYSE: POST) is launching Post Holdings Partnering Corporation, a SPAC that...
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Could Tesla Be Planning Bitcoin As Treasury Reserve?
Monday, February 1, 2021 - 7:15pm | 608The world’s richest man caused a rise in the value of Bitcoin by changing his Twitter biography last week. What Happened: Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA) updated his Twitter Inc (NASDAQ: TWTR) bio to simply include the hashtag #bitcoin. Over 44 million followers of...
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Exclusive: Accelerate CEO On SPAC Arbitrage, Why You Can't Always Bet On SPAC Sponsors
Friday, November 20, 2020 - 12:29pm | 701Julian Klymochko, the CEO and founder of Accelerate, joined Benzinga's "SPACs Attack" YouTube show to discuss the concept of SPAC arbitrage and a look at the SPAC market. About Julian Klymochko, Accelerate: Klymochko worked at Ross Smith Asset Management, BMO Capital...