Yonis Cespedes of the New York Mets stands in a deck circle in front of cardboard fans during a preseason game at City Field on July 18, 2020. El Bello | Getty Images Sport | Getty Images According to numerous sources close to the sale process, billionaire hedge fund manager …
Read More »Chinese EV maker Xpeng increases US IPO size to $ 1.5 billion
Xpeng Motors Technology is headquartered in Guangzhou, China Giulia Marchi | Bloomberg | Getty Images Chinese electric car maker Xpeng has increased the size of its U.S. public offering to about $ 1.49 billion, two sources with direct knowledge of the matter. The company will price its shares at $ …
Read More »Why Oracle’s bid for TikTok might not be as crazy as it sounds
Larry Ellison, Chairman of Oracle Corp., speaks at the Oracle OpenWorld 2016 conference in San Francisco, on Sunday, September 18, 2016. David Paul Morris | Bloomberg | Getty Images Oracle’s bid to acquire TikTok’s US company may not be as bizarre as it may sound at first, analysts told CNBC …
Read More »Simon, authentic brands to buy bankruptcy Lucky Brand for $ 140.1 million
A pedestrian walks through a Lucky Brand retail store on July 6, 2020 in Corte Madera, California. Lucky Brand Dungarees based in Los Angeles announced that it has filed for Chapter 11 bankruptcy because the company has millions of dollars in debt. The retailer will close 13 of its 200 …
Read More »ByteDance said to be in talks with Reliance over TikTok investment
Mukesh D. Ambani, Chairman of Reliance Industries Ltd., attended the Ajay Mushran Memorial Lecture in New Delhi, India, on Sunday, July 10, 2011. Pankaj Nangia | Bloomberg | Getty Images Indian conglomerate Reliance Industries could be on the verge of investing in Chinese-owned social media app TikTok, according to a …
Read More »