The private equity giant is considering investing as the video app works to follow a law that requires it to separate from its Chinese owner, ByteDance, by next week.
Category: Mergers, Acquisitions and Divestitures
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Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition
Federal prosecutors convinced a jury that Ms. Javice faked much of her customer list before selling her start-up, Frank, to the bank.
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Dollar Tree Is Selling Family Dollar for $1 Billion
Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.
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Robert Denham, Lawyer Who Steered Companies Through Crises, Dies at 79
Among his rescues was teaming up with Warren Buffett to keep the investment bank Salomon Brothers afloat amid a bid-rigging scandal in the 1990s.
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Deal Makers Restaff for the Trump Era
Clients increasingly want to know how to navigate shifting diplomatic alliances, unexpected conflicts and an unpredictable American administration.
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Herman Graf, Who Helped Sell ‘Tropic of Cancer,’ Dies at 91
A major figure in independent publishing, he promoted Henry Miller’s once-banned book and helped make “A Confederacy of Dunces” a best seller after the author’s death.
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CrossFit Is for Sale Again Amid Years of Shake-Ups
The search for new owners comes after a tumultuous five years for the fitness company, including an athlete death and financial concerns.
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Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.
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The Future of News Looks Niche
The media entrepreneur Jessica Lessin chats with DealBook about the news landscape and her latest media bet.