Tencent Holdings Ltd. TCEHY -0.50% The music giant is doubling its stake behind Ariana Grande and Billy Elish. The Chinese internet company said on Friday that it was leading a consortium that had agreed to buy an additional 10% stake in Universal Music Group from Vivendi VVHYV. 1.93% SE, the …
Read More »U.S. Stokes rises to records on excitement bets
American stocks rose to record levels on Thursday as lawmakers closed deals to extend a new financial lifeline for businesses and individuals who could support the economy through the most devastating phase of the coronavirus epidemic. In early trading all three major stock benchmarks hit hit highs intraday. The Dow …
Read More »U.S. Stock futures rise on stimulus hops, vaccine rollout
U.S. Stock futures on Monday rose above optimism that talk of additional monetary stimulus is in progress and that the rollout of the Covid-19 vaccine could help stem the tide. Futures linked to the S&P 500 rose 0.7%, indicating that the broad-market index could reach a higher level after New …
Read More »Vista Equity Partners, software maker agrees to buy plural
Plursite is a cloud-based online learning platform for software developers that sells to both businesses and individuals. Photo: Dustin Chambers for the Wall Street Journal Retrieved December 13, 2020 at 10:55 p.m. Private equity firm Vista Equity Partners has agreed to buy educational software software maker Plurusite. Inc. P.S. 0.37% …
Read More »Huntington Bankshares agrees to merge with TCF Financial
The companies announced all-stock deals on Sunday, confirming an earlier report by the Wall Street Journal. Detroit-based TCF, valued at about $ 6 billion or about 11% of the premium, would be one of the most recent major bank mergers. Huntington, based in Columbus, Ohio, has a market capitalization of …
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