SVB Financial nears deal to sell VC arm, Scaramucci leading bidder – WSJ
(Reuters) – SVB Financial Group is closing in on an agreement to sell its venture-capital and credit investment business SVB Capital in order to avoid bankruptcy, the Wall Street Journal reported on…
Toshiba’s preferred bidder moving closer to securing financing for buyout -sources
(This Dec. 8 story has been corrected to show that valuation does not include debt, but buyout would be partly funded by loans by the banks, in paragraph 4) By Makiko Yamazaki,…
Pelosi Intervenes In Out-Of-District TV Merger After Taking Money From Rival Bidder
Pelosi Intervenes In Out-Of-District TV Merger After Taking Money From Rival Bidder Jack McEvoy on October 27, 2022 Democratic House Speaker Nancy Pelosi of California criticized a hedge fund’s potential acquisition of…
Toshiba’s preferred bidder struggling to secure equity commitments -sources
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, is having difficulty securing sufficient equity commitments from potential consortium partners…
Analysis-Spirit Airlines winning bidder may need years to recoup price tag
By Angelique Chen, Anirban Sen and David Carnevali (Reuters) – The bidding war for Spirit Airlines Inc between Frontier Group Holdings Inc and JetBlue Airways Corp may leave the acquirer taking years…
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