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Tag: Mergers and Acquisitions

Northrop Grumman dismisses speculation that its 2018 acquisition of Orbital ATK could be challenged

WASHINGTON — Northrop Grumman does not expect an ongoing antitrust review of its acquisition of Orbital ATK to have any “adverse impact” on the...

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Casino Operators Enjoy and Dreams Merger Faces Prolonged Scrutiny

Posted on: June 16, 2022, 08:55h.  ...

Class Agreed to Acquire Blackboard Collaborate. Here’s What That Means

The fast-growing startup Class Technologies will acquire the virtual classroom tool Blackboard Collaborate, according to an announcement last week.Class Technologies became one of the...

DOJ anti-trust push creates fresh concerns for banks, large fintechs

The Department of Justice (DOJ) is ramping up its anti-trust efforts, creating new challenges for large fintechs entering traditional bank spaces. The DOJ has recently brought forth several criminal cases challenging wage fixing and “no poach” talent agreements between large companies. While these cases were not fintech-specific, growing non-bank financial institutions will likely face similar […]

Safety Announces Board Refreshment With the Addition of John D. Farina and Deborah E. Gray

Two New Independent Directors Enhance Extensive Insurance, Finance, Data Privacy and Security, Legal, and Governance Expertise on the Board To File Preliminary Proxy Statement That Includes Proposals to Further Enhance Shareholder Rights BOSTON–(BUSINESS WIRE)–Safety Insurance Group, Inc. (NASDAQ: SAFT) (“Safety” or the “Company”) announced today the appointments of John D. Farina and Deborah E. Gray […]

The post Safety Announces Board Refreshment With the Addition of John D. Farina and Deborah E. Gray appeared first on Fintech News.

Tahoe Biltmore to Cease Operations, Demolition Planned to Make Way for Luxury Resort

The Tahoe Biltmore’s days are numbered after a 76-year run. California-based real estate group EKN Development acquired the historic Lake Tahoe casino and resort last September for $56.8 million. The 15-acre property purchase is for EKN to make way for a luxury resort and residential complex overlooking Crystal Bay. The new owners announced this week […]

The post Tahoe Biltmore to Cease Operations, Demolition Planned to Make Way for Luxury Resort appeared first on Casino.org.

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Item 9 Labs Corp. to Acquire The Herbal Cure in Denver, Colorado

DENVER — Item 9 Labs Corp. (OTCQX: INLB) (the “Company”) — a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products — announced today that it has signed […]

Market Wrap: BTC, Stocks Rally in Late Session Following Fed’s Rate Increase

Jerome Powell illustration

Bitcoin and equities rallied late in the session, suggesting rate hikes may be mostly priced in and may not push markets down in the future

The post Market Wrap: BTC, Stocks Rally in Late Session Following Fed’s Rate Increase appeared first on Blockworks.

Indian Banks are Gearing Up to Stay Relevant in the Digital Era

The Indian banking industry plays a vital role in the country’s economic development. Over the past several decades, this industry has witnessed several changes, including technological advancements and diversification of financial products and services.  The Indian banking system has only been improving since 1991 when the government encouraged foreign investments that opened our economy, leading […]

Fintech start-up Chari acquires Axa Credit in Morocco for $22m

The acquisition will enable Chari to launch buy now, pay later (BNPL) services.

ICYMI fintech funding round-up: in3, Noh, PictureWealth, Touché, and Yep!

Our weekly fintech round-up for you to get the latest funding news from around the world.

MGM Investor Barry Diller Hits ‘Lucky Bet’ on Activision Options, Draws Federal Scrutiny

IAC/InterActiveCorp (NASDAQ:IAC) Chairman Barry Diller, whose company is the largest non-institutional shareholder in MGM Resorts International (NYSE:MGM), is in hot water with federal authorities. They are looking at him regarding a well-timed options bet on video game publisher Activision Blizzard (NASDAQ:ATVI). The Wall Street Journal reports the US Department of Justice and Securities and Exchange […]

The post MGM Investor Barry Diller Hits ‘Lucky Bet’ on Activision Options, Draws Federal Scrutiny appeared first on Casino.org.

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