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Sigma Lithium Short Seller Says Forget About Tesla Buyout, Projects 50%-75% Downside
Tuesday, March 21, 2023 - 12:11pm | 524Grizzly Research LLC has issued a short report on Sigma Lithium Corp (NASDAQ: SGML), estimating a 50%-75% drop in the share price and shooting down acquisition rumors. The Short Report: The company's share price rose by more than 180% in the last year, driven by rumors of acquisition...
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Xerox Threatens HP With Hostile Takeover Bid
Friday, November 22, 2019 - 5:49am | 461Xerox Holdings Corporation (NYSE: XRX) means business when it comes to acquiring computer hardware company HP Inc (NYSE: HPQ). If the HP board doesn’t agree to the buyout bid, the veteran printer and copy machine maker will approach the HP shareholders directly, Xerox said on...
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KFT Sweetens Bid for CBY By Selling North American Pizza Unit
Tuesday, January 5, 2010 - 8:22am | 142In an effort to gain an edge over competing bids, Kraft Foods (NYSE: KFT) has sweetened its offer for Cadbury (NYSE: CBY) to £10.2 billion ($16.43 billion). Under the new bid, the cash element will be raised by roughly 60 pence a share, KFT said. KFT further clarified that it would reveal the exact...