Wireless carrier AT&T Inc said on Thursday it will sell about a third of its stake in satellite TV unit DirecTV to buyout firm TPG Capital in a deal that values the business at $16.25 billion, well below the $68 billion it paid for the asset less than six years ago.
CHICAGO/NEW YORK Fanatics Inc, the world's biggest licensed sports merchandise retailer, said on Thursday it was expanding into China via a venture with private equity firm Hillhouse Capital Group, as the e-commerce platform considers a possible public listing.
CHICAGO/NEW YORK, Feb 25 Fanatics Inc, the world's biggest licensed sports merchandise retailer, said on Thursday it is expanding into China through a joint venture with local private equity firm Hillhouse Capital Group, as the SoftBank-backed e-commerce platform mulls a potential public listing later this year.
NEW YORK GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer's stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January.
Shares of Bumble Inc, backed by Blackstone Group Inc, soared more than 76% in their stock market debut on Thursday, fetching a $14 billion valuation for the operator of the dating app where women make the first move.
Feb 11 Shares of Bumble Inc, backed by Blackstone Group Inc, soared more than 76% in their stock market debut on Thursday, fetching a $14 billion valuation for the operator of the dating app where women make the first move.
Electronic Arts Inc said on Monday it would buy Glu Mobile Inc for $2.4 billion, bolstering its mobile platform with the addition of games such as "Design Home", "Covet Fashion", and "MLB Tap Sports Baseball".
NEW YORK Eric Diaz, an operations manager in Tampa, Florida, remains committed to his GameStop shares even after their steep retreat from highs they hit last week. "It got personal," he said.
U.S. President Joe Biden on Thursday told Saudi King Salman he would work for bilateral ties "as strong and transparent as possible," the White House said, ahead of the expected release of a sensitive U.S. intelligence report on the 2018 murder of Saudi journalist Jamal Khashoggi.