Pharmacy chain Walgreens and two of its former executives have agreed to pay $105 million to end investor claims the company touted overly rosy financial projections as it sought shareholder...
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....
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...
Mr. Musk answered questions from Twitter’s 8,000 workers for the first time in a virtual meeting on Thursday.
Source: In Twitter Meeting, Elon Musk Fields Questions From 8,000 Employees
Musk originally agreed to purchase TWTR for $54.20 per share, though he has been complaining for weeks that the social media company may be be misstating the number of spam accounts that it...
As the U.S. SPAC market has seen plummeting valuations, a growing number of the companies targeted by SPACs in de-SPAC transactions are now issuing going concern warnings. Recent examples of the...
Mr. Musk’s lawyers said Twitter was “actively resisting” his requests. Source: Elon Musk Threatens to End Twitter Deal Without Information on Spam Accounts
Just a week earlier he had secured $7bn-odd of new funding from assorted multibillionaires, venture capital funds, Saudi princes, crypto kings and sovereign wealth funds.
Source: Musk’s wild...
