Hints and tips:
...Harris collected sports teams....
...Ace!...
...RISC-V processors already appear in simpler devices such as smartwatches....
...The email copied Wachtell Lipton’s ace litigator Bill Savitt, and Leo Strine, the former Delaware judge who’s now a Wachtell Lipton adviser....
...The problem is: what is the limit between being socially responsible and the use of company cash flow for populist measures?...
...It has burnt through nearly all its cash. Desperation met opportunity last week. Arrival announced it would merge with Kensington Capital Acquisition Corp V, another blank cheque company....
...And one more thing: Former Apollo Global Management co-founder Josh Harris is nearing a deal to buy the Washington Commanders American football franchise for close to $6bn....
...They don’t have the resources, esprit de corps or a history to look back on.”...
...When Vicki Hollub flew Occidental Petroleum’s Gulfstream V jet to Omaha for a meeting with billionaire investor Warren Buffett in April 2019, she needed cash to place a bet....
...L3Harris will use existing cash and issue new debt to fund the deal, which will need US regulatory approval to be completed....
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...Thanks to Mugrabi’s cash – a figure she can’t disclose, but which she says is “six digits a year” – Fashion in Motion has been able to stage accessible catwalk shows by names such as Harris Reed and Daniel...
...Arrival is merging with Kensington Capital Acquisition Corp V, paying a huge premium in order to add $300mn to its balance sheet. It is a desperate move that is unlikely to trigger a Spac revival....
...As a matter of law, Huntsman had roundly defeated Black and Harris in Delaware. But ultimately, enforcing the merger contract and getting their cash-out payments was too onerous....
...Pundits argued for taking the cash. Those judgments have aged surprisingly well. True, Arm’s sales increased 35 per cent last year to $2.7bn, while ebitda hit $1bn....
...Guedes said the country had entered a “V-shaped” recovery and would grow as much as 2.1 per cent next year, aided by investment commitments from the private sector of more than $100bn....
...Many expect Bolsonaro to abandon fiscal rectitude and hand out cash to Brazil’s poorest in order to win votes....
...Football clubs are pretty illiquid compared with blue-chip stocks that can be sold immediately for cash....
...One scoop to start: An investor group led by Los Angeles Dodgers owner Todd Boehly is going head-to-head with another led by private equity billionaires Josh Harris and David Blitzer in the £3bn race to...
...Spacs raise money and list on the market as a cash shell before hunting for a private company to merge with and take public....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Should the listing get done, a juicy windfall awaits Elliott Management and Monarch Alternative Capital, the ace hedge funds that are Claire’s largest shareholders today....
...In some cases, lawyers can “name their price” not to walk out the door, said Daniel Harris, associate director at recruiter Robert Walters....
...The all-cash deal comes as the internet giant looks to boost its cloud computing business and catch up with Amazon and Microsoft. 2....
...At nearly 400ft, the new SpaceX rocket will eventually be taller than the Saturn V that carried Nasa’s Apollo missions to the moon, and its 33 engines will deliver twice the thrust....
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