Business

Hedge fund Alden Global wants to sink its teeth into another newspaper chain

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The hedge fund has made an unsolicited takeover bid of $24 per share in an all-cash deal in order to acquire Lee Enterprises, the owner of the St. Louis Post-Dispatch and other newspapers across the country. Read More

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Walmart is retreating in the Attempt to Decode Japan’s retail Marketplace

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Under the arrangement, private equity finance KKR is now the vast majority owner with a 65 percent stake, while Japanese e-commerce giant Rakuten accepts 20 percent, the firms said in an announcement Monday. Walmart will maintain a 15 percent minority interest. Rakuten and KKR will want to shore up Seiyu’s electronic operations because demand for […]
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The question that defines venture capital firm Benchmark

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Benchmark’s newest partner, Miles Grimshaw, on the firm’s future Read More
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Pfizer’s COVID-19 vaccine Would Be to Acquire U.S. Acceptance

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Pfizer Inc. gained crisis U.S. authorization because of the Covid-19 vaccine, getting the very first shot which will be set up to Americans amid towering virus-related hospitalizations and deaths. The Food and Drug Administration approved use of Pfizer and spouse BioNTech SE’s vaccine on Friday, according to an agency announcement. The U.K. hurried before the […]