Billionaire James Dolan is merging the company that owns Madison Square Garden Arena with a cable network that broadcasts New York Knicks games to local fans – and investors are preparing to exit. Madison Square Garden Entertainment – which owns Radio City Music Hall and the Tao restaurant and nightclub …
Read More »Bangu debuts in Hong Kong’s secondary list
In October 2018, Baidu co-founder and chief executive officer Robin Li Yanhung in Beijing, China. Visual China Group | Getty Images GUANGZHOU, China – Shares of the company’s first-ranked Hong Kong-based Baidu jumped below 1% in the open on Tuesday. Already the U.S. The Chinese technology giant listed in has …
Read More »Simply Czech companies keep an eye on Europe’s tech sector
Bronze charging bull in the financial district of New York City. Robert Nicholsberg | Getty Images LONDON – SPAC’s craze in Europe is starting to pick up some momentum. U.S. After years of so-called special-purpose acquisition companies, a growing number of Cory-Czech companies are raising funds to snap a European …
Read More »Piloton to acquire Fellness devices maker Priker for 20 420 million
Carrie Gundy rode her Piloton exercise bike on April 06, 2020 at her home in San Anselmo, California. Ezra Show | Getty Images Peloton said Monday it plans to acquire exercise device manufacturer Pricer for 420 million to speed up production of its wheels and treadmills and meet its promised …
Read More »Alibaba and two other companies fined for failing to report deals to Chinese regulators
Alibaba Group Holdings Ltd. to enter the front of the New York Stock Exchange on November 11, 2015. Brendan McDermide | Reuters GUANGZHOU, China – China’s market regulator has fined Alibaba and Tencent-backed companies for failing to properly declare past acquisitions to officials, in another sign Beijing is taking a …
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