Billionaire Frank McCourt organizing ‘people’s bid’ to buy TikTok
Former FCC Chairman Ajit Pai explains how the TikTok bill could come to fruition and how changes in party control could impact the regulatory environment. Billionaire Frank McCourt is assembling a consortium of investors. Buy TikTok The social media platform was sold from its China-based parent company ByteDance because it could be banned in the […]
Czech billionaire’s bid for Royal Mail is problematic from every angle | Nils Pratley
aDaniel Krzytinski’s new offer to the owners of Royal Mail is satisfactory on almost every aspect, including the price, the identity of the bidder and sketchy ‘promises’ to protect the UK postal service. It’s not something I can do. First, the terms of 370 pence per share, or £3.5 billion, look attractive if this government […]
Frank McCourt, billionaire real estate mogul and former Los Angeles Dodgers owner, mull bid to buy TikTok
Real estate billionaire Frank McCourt is set to buy TikTok as the app’s China-based parent company ByteDance faces a potential U.S. ban if it doesn’t sell the platform within the next year. We are organizing a bid for this. McCourt, the former owner of the Los Angeles Dodgers and executive chairman of investment firm McCourt […]
Appeals Court Slaps Down Hunter Biden’s Bid To Dismiss Gun Charges
A federal appeals court unanimously rejected Hunter Biden’s bid Thursday to dismiss the three federal gun charges brought forth by Special Counsel David Weiss in late 2023. Weiss charged the president’s son on three counts in September 2023 for providing false statements and knowingly possessing the gun while he was addicted to drugs in relation […]
A rare hostile takeover bid in Europe's banking sector has shocked markets – CNBC
The logo outside the Banco Sabadell SA office in the Sabadell Bank Tower on Wednesday, May 1, 2024 in Barcelona, Spain. Bloomberg | Bloomberg | Getty Images The board said on Monday that BBVA’s initial bid “significantly underestimated” the bank’s growth prospects, adding that a standalone strategy would create superior value. The bank reiterated this […]
BBVA Makes $12 Billion Hostile Bid for Sabadell After Snub – Yahoo Finance
(Bloomberg) – Banco Bilbao Vizcaya Argentaria has made an 11.5 billion euro ($12.4 billion) bid for Banque Sabadell directly to shareholders, but the Spanish government is concerned about job cuts and a decline in competitiveness. It was an unusually hostile move, with the government announcing its opposition. Most Read Articles on Bloomberg According to BBVA’s […]
Appeals Court Agrees To Consider Bid To Disqualify Fani Willis
The Georgia Court of Appeals agreed to reconsider an order declining to disqualify Fulton County District Attorney Fani Willis from the case against former President Donald Trump and his co-defendants. Despite finding “a significant appearance of impropriety” in her actions, Judge Scott McAfee ruled in March that Willis could remain on the case if special […]
BBVA takes Sabadell bid approach directly to shareholders – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Spanish bank BBVA has launched an 11.5 billion euro hostile takeover bid for Banco Sabadell after the board of its smaller rival rejected the offer. BBVA made an all-share offering directly to Sabadell shareholders on Thursday, less […]
Trump responds to failed bid to oust speaker Mike Johnson: ‘I absolutely love Marjorie Taylor Greene’
Former President Donald Trump issued the statement shortly after the House of Representatives overwhelmingly voted against the campaign to oust Rep. Mike Johnson (R-Louisiana) from the speakership. Rep. Marjorie Taylor Greene (R-Ga.) filed a motion to stand down after a speech in which she criticized Johnson for not defunding the Justice Department to stop the […]
Georgia court of appeals to review Trump’s bid to disqualify DA Fani Willis
The Georgia Court of Appeals has agreed to consider former President Donald Trump’s appeal of Judge Scott McAfee’s decision to keep Fulton County District Attorney Fannie Willis in the case. Judge McAfee said in March that special counsel Nathan Wade must be fired to avoid disqualifying Willis from the Trump election interference case in Georgia. […]