Cybersecurity startup Wiz turns down $23B Google acquisition: report
Cloud security startup Wizz has reportedly pulled out of talks to be acquired by Google parent Alphabet for $23 billion, a deal that would have been the search giant’s largest acquisition to date. Wizz CEO Assaf Rapaport told employees the company would instead pursue an initial public offering, as it had said last year. “It […]
Eastern Bank lands a new chief financial officer, completes Cambridge Trust acquisition – The Boston Globe
It’s important to be good. Sometimes it’s even better to be lucky. That’s why Bob Rivers of Eastern Bank That might explain how the bank brought on board its new chief financial officer, David Rosato. Boston-based Eastern Bank has been working with headhunting firm Korn Ferry for about a year to find a successor to […]
The Stench From Arizona’s Acquisition Of Ashford
A rotten stench wafts from the muck surrounding the University of Arizona’s acquisition of Ashford University. A rotten stench wafts from the muck surrounding the University of Arizona’s acquisition of Ashford University. I need a shower. Maybe that will remove the stench from digging in the muck surrounding the University of Arizona’s acquisition in 2020 […]
Nippon Steel postpones US Steel acquisition closing
Nippon Steel Said On Friday, the company postponed the closing date for its $14.9 billion acquisition of U.S. Steel after the Department of Justice (DOJ) requested additional information and documents related to the deal. Japan announced that it has revised the expected completion date of the transaction from the second or third quarter of calendar […]
MORGAN MURPHY: This Boondoggle Shows Why Trump Must Reform The Pentagon’s Acquisition Process
Forget the $500 hammer.Latest report A study by the Government Accountability Office pegs the cost of America’s ailing Lightning II F-35 Joint Strike Fighter at an estimated $2 trillion. Did all these zeroes buy American taxpayers an invincible flying machine? No, the program is so crippled by cost overruns and delays that it seems likely […]
KENNETH RAPOZA: Why Nippon Steel Might Fail To Convince Washington To Greenlight U.S. Steel Acquisition
Japan’s Nippon Steel has inched closer to buying Pittsburgh-based U.S. Steel now that the U.S. company’s shareholders have approved of the Dec. 18 acquisition offer. Only Washington stands in the way. On April 1, Sen. Sherrod Brown (D-Ohio) became the first to send a letter to President Joe Biden about Nippon. He asked him to review a report by a business intelligence firm […]
Jets bolster pass rush with acquisition of Haason Reddick in trade: reports
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Nippon Steel defends US Steel acquisition after Biden opposition
Nippon Steel defended The possibility of the company acquiring U.S. Steel emerged on Friday after President Biden opposed the deal the previous day. “Our transaction has clear benefits for U.S. Steel, our union members, the broader U.S. steel industry, and U.S. national security,” the Japanese company said in a statement. “Through increased financial investment and […]
Silicon Valley Bank is back, after collapse and acquisition – The Washington Post
SAN FRANCISCO — Advertisements loom over commuters and tourists, peppered with colorful brands that many here in the tech capital thought were companies consigned to the dustbin of history. A year after Silicon Valley Bank suffered the third-largest banking failure in U.S. history, the startup and technology-focused bank wants you to know it’s back. The […]
Biden To Oppose Foreign Acquisition Of US Steel In Bid To Sway Blue-Collar Voters
President Joe Biden plans to voice his opposition to a foreign takeover of iconic American company U.S. Steel on Thursday in an effort to win over blue-collar voters, according to the Associated Press. Japan’s Nippon Steel first announced in December that it would buy US Steel, the world’s fourth-largest steel producer, for about $14.9 billion, […]