Direct-to-consumer mattress seller Casper priced its IPO at $12 a share, the Wall Street Journal reported late Wednesday , the low end of a price range that earlier in the day was itself cut by 30%. The final offering price is the latest sign that investors remain wary of money-losing tech firms. The final offering price values the company at $547 million, about half what Casper was valued at...
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The Briefing enterprise media/telecom
Iger’s Disney Fix-It Plan Has Something for Everyone
Bob Iger really should have run for president, as he once considered doing. His political instinct is unmatched, at least among CEOs. On Wednesday, in his first quarterly earnings call since returning to the top job at Disney, Iger offered something for everyone. A return of the dividend! Layoffs! Creative executives get their power back! Traditional TV is still important, Iger reminded...
SpaceX to Conduct Key Engine Test on Mars Rocket on Thursday
Alphabet’s Verily Appoints Biotech Executive As CFO
Francisco Partners Nears $1.7 Billion Deal for Sumo Logic
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