In another sign of a mostly shuttered market for new offerings, media company Forbes decided to call off a previous decision to take itself public via a special-purpose acquisition company, The New York Times reported Tuesday. The deal, which would have taken Forbes public at a $630 million valuation after a merger with Hong Kong-based SPAC Magnum Opus Acquisition, is another example of a...
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2023 M&A Preview: Deals Could Be On Tap for Disney, Zoom Video, Vice Media
With just a month left on the calendar, 2022 could wind up being the worst year for U.S. mergers and acquisitions since 2017. But a barrage of deals could begin next year as investors and executives adjust to a new economic normal, bankers, lawyers and investors told The Information. A number of factors could spur deal-making. Investors are likely to get more clarity on interest rates,...
Elon Musk claims Neuralink human trial is six months away
TSMC to Make More Advanced Chips in U.S. Plant
Sam Bankman-Fried Denies Knowingly Dipping Into Customer Assets
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