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Joe Tsai sells Nets minority stake to Koch family after $6 billion valuation

Joe Tsai sells a minority stake in the Nets to the Koch family, setting a staggering valuation for the team in the process. BSE Global, the parent company of the Nets, Barclays Center and New York Liberty, was estimated to be valued at roughly $6 billion in the upcoming stock sale, according to an email […]

Roaring Kitty may have liquidated sizable GameStop stake amid trading frenzy

Market experts are speculating that Roaring Kitty’s Keith Gill, a well-known meme stock trendsetter, may have sold recently-publicized GameStop options amid a surge in trading volume. Gill, who made a surprise return to social media last month after not posting anything online for years, revealed in a June 2 Reddit screenshot that he holds significant […]

Diddy Sells Off Stake in Revolt, the Media Company he Founded in 2013

LOS ANGELES (AP) — Rapper and entrepreneur Sean “Diddy” Combs has sold his stake in Revolt, the media company he founded more than a decade ago. Los Angeles-based Revolt said in a statement on its website Tuesday that all of Combs’ stock in the company, which he held as chairman, had been redeemed and redeemed […]

Australia Orders Chinese Investors to Reduce Stake in Rare Earths Mining Company

Australian Treasurer Jim Chalmers on Sunday ordered a Chinese investment fund to sell its stake in Sydney-based rare earth mining company Northern Minerals, which he said was critical to Australia’s national interests. “The decision is based on advice from the Foreign Investment Review Board and aims to safeguard our national interests and ensure compliance with […]

Carl Icahn owns sizable stake in Caesars Entertainment: report

Activist investor Carl Icahn owns a significant stake in casino operator Caesars Entertainment. Bloomberg News reported. The sources, who were not involved in the matter, said the move on Friday. The company’s shares rose 15% following the report. The size of Icahn’s stake in the company is unclear, the report added. Shares of Caesars Entertainment, […]

Former Republican presidential candidate Vivek Ramaswamy takes a 7.7% stake in BuzzFeed

Former Republican presidential candidate and biotech entrepreneur Vivek Ramaswamy has bought a minority stake in BuzzFeed, a digital publishing company that shut down its media operations last year. The company’s shares soared on Wednesday. Vivek Ramaswamy joins Trump in Manhattan court on Tuesday Mr. Ramaswamy acquired a 7.7% stake in BuzzFeed, according to a filing […]

Vivek Ramaswamy Purchases 7.7% Stake in BuzzFeed

Former Republican presidential candidate and entrepreneur Vivek Ramaswamy invested in BuzzFeed, according to a Securities and Exchange Commission (SEC) filing. SEC is filing It was revealed that Ramaswamy purchased 7.7% of BuzzFeed stock, totaling 2.7 million shares, between March 14 and May 21. Prices for the shares ranged from $1.54 to $2.51, according to the […]