The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.
Source
Zendesk has had a difficult time over the last several months. It has been hounded by activist investors, Jana Partners. It turned down a $17bn acquisition in February believing it was worth more. Its investors turned down a deal to buy Survey...
After Frontier raised its offer for Spirit on Friday, the firm ISS reversed its recommendation that shareholders consider a rival bid from JetBlue.
Source: Shareholder Advisory Firm Backs Spirit-Frontier Merger - The New York Times
For Meritor, the acquisition of Commercial Vehicles furthers its goal of embracing and contributing to a more sustainable future by designing and manufacturing products that accelerate electrification for commercial vehicles. Meritor plans to...