SPAC Equity Distribution Acquisition Corp. to redeem its shares, liquidate
admin Special purpose acquisition company Equity Distribution Acquisition Corp. EQD, said it will redeem all outstanding…
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Shift Technologies, CarLotz announce merger; Shift CEO steps down
Shift Technologies Inc. SFT, -16.34% and CarLotz Inc. LOTZ, -9.12% said they agreed to merge…
Read MoreUnity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company
On the same day it received an offer to acquire the company for roughly $20…
Read MoreBlackRock warns investors should buy defensive stocks and bonds as tech-led rally at risk of fizzling
Following July’s spectacular rally, U.S. stocks SPX, -0.49% have been caught in a tight trading…
Read MoreAvaya stock plunges toward record low after WSJ report that $600 million debt deal soured
A $600 million debt deal arranged for beleaguered business communication company Avaya Holdings Corp. quickly…
Read MoreCuraleaf CEO sees cannabis as recession resistant, but stock falls after wider loss
Curaleaf Holdings Inc. Chief Executive Matt Darin said inflation impacted some of the cannabis company’s…
Read MoreBed Bath & Beyond stock set to snap longest win streak in 15 years after Baird analyst suggests it’s time to sell
Shares of Bed Bath & Beyond Inc. tumbled Tuesday, putting them in danger of their…
Read MoreOpinion: Why the Inflation Reduction Act is a very big deal for Americans
NEW YORK—Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just…
Read MoreInterContinental Hotels to launch $500 million buyback as profit surges
InterContinental Hotels Group PLC said Tuesday that it will launch a share-buyback program of up…
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Get ready for more merger mania in pharma sector the rest of the year
Pfizer Inc.’s PFE, +0.45% $5.4 billion acquisition of Global Blood Therapeutics Inc. GBT, -0.02% is…
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