The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.
Category: Mergers, Acquisitions and Divestitures
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Adani, Embattled Indian Company, Scraps $2.5 Billion Share Sale
The cancellation of the offering is a blow to the company and its billionaire owner, Gautam Adani.
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When Private Equity Came for the Toddler Gyms
The same playbook that has notched high returns acquiring things like foreclosed homes and highway rest stops is being tested by a family-oriented franchise.
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Elon Musk Said Tesla Buyout Plan Didn’t Involve ‘a Specific Number’
Under questioning, Mr. Musk said he hadn’t discussed how much money investors would put in to help him take his car company private.
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Ticketmaster Cast as a Powerful ‘Monopoly’ at Senate Hearing
The Judiciary Committee, responding to the bungled sale of Taylor Swift concert tickets, heard the company apologize and its critics trace the problem to the industry’s lack of competition.
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Grocery Store Merger Faces Long Road Before Approval
Consumer advocates, unions and independent grocers are against a deal that would join Kroger and Albertsons, and be lucrative for investors.
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JPMorgan Paid $175 Million for a Business It Now Says Was a Scam
Charlie Javice promised to simplify the college financial aid process. It was a compelling pitch. Especially, as now seems likely, to those with little firsthand knowledge of financial aid.
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Vice, a Beleaguered Avatar of New Media, Hangs a ‘For Sale’ Sign
Vice, which has struggled to achieve profitability in recent years, has formed a special committee to find suitors.
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Goldman Sachs’ Marcus Consumer Banking Move Turns Costly
Goldman Sachs will take a big hit from its ill-fated move into consumer banking, even as its other businesses weaken amid an economic slowdown.
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Bed Bath & Beyond in Talks to Sell Assets
The beleaguered retailer, which warned of a possible bankruptcy, is said to be in discussions with suitors about selling pieces of its business, including its Buy Buy Baby stores.