First, to preface everything, this is by no means a political piece. The entirety of this column is dedicated to business.
Posts published by “Joseph Ames”
On April 16, pharmaceutical company Merck announced its intentions to acquire a clinical-stage biotechnology company, Prometheus, for $200 per share in cash.
On March 7th, Federal (Fed) Reserve Chairman Jerome (Jay) Powell testified before the US Senate Committee on Banking, Housing, and Urban Affairs.
Originally announced back in May, cloud computing company VMware and chipmaker Broadcom’s $61B deal is being pushed back an additional 90 days due to regulatory considerations.
Beginning in early January, there were whispers of Microsoft investing a significant amount in OpenAI — the company behind the chatbot ChatGPT.
Despite the global downturn in crypto, Sam Bankman-Fried still began his week as a billionaire. By the end, both he and his empire have fallen from grace to the depths of bankruptcy.
Winter is coming and while for many, that means the start of snow, the Holiday Season, and hot chocolate, for Germany and other Eurozone countries, all they feel is the strain of an impaired energy supply.
On October 14, Kroger announced plans to acquire Albertsons for a fee of $24.6 Billion ($34.10 a share) , a potential game changer for the grocery market.
What could $887 billion get you? It could buy you the Denver Broncos about 180 times over, all of Tesla’s enterprise value, or about 2000 of the world’s nicest superyachts if that floats your boat.
In spite of rising interest rates, global uncertainty, and a faltering IPO market featuring 46% volume and 58% value decreases respectively year-over-year, Volkswagen AG is discussing the possibility of a late-September to early-October IPO of their iconic sports car manufacturer, Porsche AG.