Category: deal

Blinken, Russian Top Diplomat Speak About Griner, Whelan

WASHINGTON—Secretary of State Antony Blinken spoke by phone to Russian Foreign Minister Sergey Lavrov on Friday in the highest-level known contact between the two sides since Russia invaded Ukraine, with Blinken urging Russia to accept a deal to win the release of American detainees Brittney Griner and Paul Whelan. Russian officials gave no public hint…


Amazon Strikes $3.5 Billion Deal for One Medical in Long March Into US Healthcare

Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for $3.49 billion, expanding the e-commerce giant’s virtual healthcare and adding brick-and-mortar doctors’ offices for the first time. The all-cash deal would combine two relatively small players as Amazon continues a years-long march into U.S. healthcare, seeking to grow at a faster pace….


4 Simple Tips for Finding Incredible Real Estate Deals

By Brandon Turner When I was a child, every Saturday morning was the same: Wake up early, pile into the minivan with my mom and three siblings, and start looking for garage sales! Yes. I was raised by a “garage sale mom.” Because we didn’t have a lot of money, we bought nearly all of our…


Musk Says Unresolved Issues Remain Over Twitter Deal

Billionaire tech mogul Elon Musk said Tuesday there remain several unresolved matters with his bid to buy Twitter, including the coming together of the debt part of the transaction, the outcome of a shareholder vote, and the number of spam users on the platform. Musk, who has offered to buy Twitter in a transaction worth around…


Twitter Gives Its Version of Events: Elon Musk Didn’t Carry out Due Diligence in Rush to Grab $44 Billion Deal

Details surrounding Elon Musk’s deal to take Twitter, Inc. private are getting murkier each passing day. A new SEC filing by the social media platform to highlight its version of events suggests Musk jumped the gun in his quest to quickly lap up the company. What Happened Musk was apparently in a hurry to get the deal…


China Books Biggest Deal for US Corn Since May 2021

CHICAGO—Chinese buyers bought 1.084 million tonnes of U.S. corn, their biggest purchase of U.S. grain since May 2021, the U.S. government said on Monday. The deal comes as shipments from Ukraine, the world’s fourth biggest exporter of corn, are snarled following Russia’s invasion. China had been a big buyer of Ukrainian corn and the fighting,…


Philippines Signs $624 Million Deal for 32 Black Hawks

MANILA, Philippines—The Philippines signed a 32 billion-peso ($624 million) deal Tuesday to purchase 32 Black Hawk helicopters in the largest military aircraft acquisition contract under outgoing President Rodrigo Duterte, defense officials said. Defense Secretary Delfin Lorenzana signed the deal with Janusz Zakrecki, president of Poland-based aerospace manufacturer PZL Mielec, to acquire the S-70i Black Hawks,…


Warburg, Sternlicht SPACs Discuss $20-Billion, 3-Way Deal for Allied Universal

Blank-check companies backed by buyout firm Warburg Pincus and billionaire real estate investor Barry Sternlicht are in talks to take security services firm Allied Universal public in a $20 billion deal, according to a source familiar with the matter. The deal will involve three special purpose acquisition companies (SPACs)—Warburg Pincus Capital Corp. I-A, Warburg Pincus…


Purdue Pharma Bankruptcy Mediator Says Sacklers, US States Closer to Deal Over Opioid Claims

A mediator reported on Tuesday that members of the Sackler family that own Purdue Pharma and U.S. states opposed to the OxyContin-maker’s bankruptcy exit plan are “even closer” to a settlement over claims that the company fueled a U.S. opioid epidemic. The mediator asked a bankruptcy judge to extend the deadline for negotiations to Feb….


Sacklers Near Deal to Increase Opioid Settlement in Purdue Bankruptcy

Members of the Sackler family who own Purdue Pharma LP. are nearing an agreement to boost their more than $4 billion offer to resolve sprawling opioid litigation after negotiating with states that had objected to terms of the OxyContin maker’s bankruptcy reorganization, according to a court filing. Sackler family members and states objecting to terms…