Southeast Asia’s ride-hailing and food delivery app Grab will make its debut as a public company Thursday after shareholders of special purpose acquisition company Altimeter Growth Corp. approved a deal to merge the two companies. The merger, first announced in April, valued the Singapore-based company at nearly $40 billion and will provide Grab with $4.5 billion in cash. Revenue totaled $396...
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The Briefing Google Policy
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Google’s legal department has its hands full these days, given numerous antitrust lawsuits filed both by the Justice Department and individual states targeting different parts of its business. Our scoop today—about how a bipartisan group of senators is putting together a bill to force Google to divest its ad tech operations—will only add to the lawyers’ workload. Where is this all heading?...
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