Parler agrees to be acquired by Ye, formerly Kanye West, to create “an uncancelable ecosystem where all voices are welcome”; the deal is set to close in Q4 2022
and will also sign up to Truth Social Clare Duffy / CNN : Kanye West's biggest challenge with owning Parler may come from Elon Musk Anousha Sakoui / Los Angeles Times : What to know about Parler, the ...
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wall Street Journal : ...
Warner Bros. Discovery will shut down CNN+ on April 30, after its March 29 debut; sources: CNN+ had ~150K subscribers and was on pace to hit first-year goals
the same firm that suggested pharmacists get REBATES for opioid deaths—charged CNN millions to tell it what someone wanted to hear. Every $ wasted could have gone to paying journalists. https://twitte...
Filing: Elon Musk has secured $46.5B to acquire Twitter, including $25.5B in debt financing via Morgan Stanley and other firms, and is exploring a tender offer
now what? Matt Levine / Bloomberg : Elon Got His Money Kyle Chayka / New Yorker : Why Would Elon Musk Want to Buy Twitter? New York Post : Elon Musk in talks to partner on Twitter bid with buyout firm...
Filing: Elon Musk delivers a non-binding proposal to take Twitter private by acquiring all outstanding stock for $54.20 per share, in a cash deal worth ~$43B
not “cancel culture” — are ruining discourse Eugene Robinson / Washington Post : If Elon Musk wants Twitter, he's welcome to it Financial Times : How Elon Musk could fund his $43bn Twitter takeover Ga...
WeWork to merge with a SPAC in a deal that would raise $1.3B and values the company at $9B
at a greatly reduced valuation New York Times : After Failed I.P.O., WeWork Will Go Public Through a Merger Anthony Spadafora / TechRadar : WeWork merges with SPAC in going public PYMNTS.com : WeWork ...
Twitter says Silver Lake will invest $1B as it enters into an agreement with Elliott Management to avoid ousting Dorsey and launches a $2B share buyback program
If an emerging growth company, indicate by check mark … Oana Ularu / BitcoinExchangeGuide : Jack Dorsey Keeps Title As Twitter's CEO After $2 Billion Deal With Elliott Management Kevin Raposo / KnowTe...