Sentences with phrase «people familiar»

The investment bank intends to replace Blankfein, 63, with one of its two co-presidents, David Solomon or Harvey Schwartz, the newspaper said Friday, citing people familiar with the matter that it didn't name.

(Reuters)-- Yahoo has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon, with most offers involving cash rather than a combination with another company, according to people familiar with the matter.

Privately, Trump has been telling associates in recent days that his health chief had become a distraction and was overshadowing his tax overhaul agenda and undermining his campaign promise to «drain the swamp» of corruption, according to three people familiar with the discussions who spoke on condition of anonymity.

Toys «R» Us Inc. is making preparations for a liquidation of its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.

SurveyMonkey is preparing to go public this year, people familiar with the company's plans told Recode.

People familiar with the deal have told Reuters that Foxconn is considered a U.S. security risk due to ties with China.

Walmart and health insurer Humana are having early - stage talks about strengthening their existing partnership, people familiar with the matter told CNBC.

Senior executives in the division were tasked with identifying potential job cuts a few weeks ago, and this week were asked to increase their size, according to people familiar with the situation.

«The idea there is to get some of our people familiar with not just the technology but the culture.»

Chu is joining a record $ 5.2 billion deal to buy most of a Hong Kong skyscraper from Li Ka - Shing's company, people familiar with the matter said last month.

Special Counsel Robert Mueller raised the possibility of issuing a subpoena for President Donald Trump if he declines to talk to investigators in the Russia investigation, according to the Washington Post, citing four people familiar with the matter.

Halliburton is unlikely to try another big acquisition despite being relegated to third place by Monday's deal, people familiar with the company said.

Walmart and Humana are having early - stage talks about strengthening their existing partnership, people familiar with the matter tell CNBC.

Two more BlackBerry executives have left the struggling smartphone maker, Dow Jones Newswires reported, citing people familiar with the matter.

The popular review giant Yelp is reportedly exploring a sale, according to The Wall Street Journal, which cited people familiar with the plan.

Elliott's purchase from Fidelity Investments of $ 60 million worth of leveraged notes in Oncor's parent, Energy Future Intermediate Holding Co., was all it needed to do to block Buffett's bid, according to people familiar with the matter.

But investors probably won't see a full - blown turnaround plan until September, three people familiar with the matter said.

May 2 - Buyout firm Apollo Global Management LLC has approached Xerox Corp to express interest in a possible acquisition, casting new uncertainty over the latter's sale to Japan's Fujifilm Holdings, people familiar with the matter said on Wednesday.

Walgreens Boots Alliance Inc. and the New York State Department of Health have received subpoenas in recent weeks seeking documents and testimony about representations made to them by Theranos, the WSJ reported on Monday citing people familiar with the matter.

Dropbox Inc., the file - sharing private company valued at $ 10 billion, has filed confidentially for a U.S. initial public offering, people familiar with the matter said.

The two largest daily fantasy sports companies, FanDuel Inc. and DraftKings Inc., are in early - stage talks to merge, people familiar with the matter said on Monday, as the industry faces a crackdown by U.S. states over whether it runs illegal gambling.

Sessions» policy will let U.S. attorneys across the country decide what kinds of federal resources to devote to marijuana enforcement based on what they see as priorities in their districts, the people familiar with the decision said.

Greek yogurt maker Chobani is considering replacing Chief Executive Hamdi Ulukaya with its President and Chief Operating Officer Kevin Burns, the New York Post reported, citing people familiar with the matter.

U.S. telecommunications rivals Verizon Communications Inc. and AT&T Inc. are set to go through to the third and final round of bidding in the auction for Yahoo Inc.'s core internet assets, according to people familiar with the matter.

Three people familiar with the matter — including a current and a former government official — said the FBI has known for more than a year the details of Fancy Bear's attempts to break into Gmail inboxes.

That includes women's empowerment groups like Lean In (which Sandberg founded), anti-poverty organizations like Second Harvest Food Bank, and grief organizations like Kara, according to people familiar with Sandberg's plans.

The people familiar with the matter asked not to be identified because the bids were confidential.

JPMorgan led a credit line extended to Dropbox, along with Goldman Sachs, Bank of America Corp., Deutsche Bank AG, Macquarie Group Ltd. and Royal Bank of Canada, people familiar with the matter said last March.

Private equity firm Carlyle Group is exploring a sale or initial public offering of Ortho - Clinical Diagnostics Inc, a U.S. diagnostics company that could be valued at more than $ 7 billion, including debt, people familiar with the matter said.

Univision Holdings (univision) has offered to acquire Gawker Media, challenging a $ 90 million stalking horse bid from media company Ziff Davis in the auction for the U.S. internet publisher, people familiar with the matter said.

Both companies said the deal did not pose any security risks and Canyon Bridge had told CFIUS it would double the number of Lattice's employees in a bid to make the deal more palatable, according to people familiar with the matter.

The Wall Street Journal reported on Friday that Apple had set up a secret lab working on the creation of an Apple - branded electric car, citing people familiar with the matter.

The German - born executive declined to speak with Fortune, but five people familiar with the events confirmed this account.

Airbus is drawing up contingency plans to phase out production of the world's largest jetliner, the A380 superjumbo, if it fails to win a key order from Dubai's Emirates, three people familiar with the matter said.

Inc. culled data from a number of sources — betting sites, shipping experts, investors, and people familiar with Amazon, among others — to come up with the following list of top contenders, ranked (more or less) in order of likelihood.

The Journal's Gregory Zuckerman and Juliet Chung cited people familiar with Soros» trading who said the billionaire became bearish after Trump's the victory, and those bets seem to have come back to bite him.

Broadcom is speaking to advisers and the offer of about $ 70 a share would include cash and stock, Bloomberg reported earlier, citing people familiar with the matter.

But beyond picking executives, the private - equity owners generally took a hands - off approach, people familiar with the matter say.

«[Microsoft] provides intelligence agencies with information about bugs in its popular software before it publicly releases a fix, according to two people familiar with the process.

The news agency said VW, the world's largest automaker, had bought a 5 % stake in the company through its VW, with options to raise its stake, citing people familiar with the matter.

The bank, which is the fifth - largest rural commercial bank by assets in China, priced at HK$ 5.10 a share after quoting HK$ 4.99 - HK $ 5.27, people familiar with the matter told Reuters.

HONG KONG, April 30 (Reuters)- Tencent Music Entertainment Group, China's largest music - streaming company, has invited investment banks to pitch next week for a role in a U.S. IPO worth up to $ 4 billion, IFR reported on Monday, citing people familiar with the plans.

FanDuel and DraftKings are in early - stage talks to merge, people familiar with the matter told Reuters on Monday.

Ride - hailing giant Uber Technologies lost at least $ 1.27 billion before interest, taxes, depreciation and amortization in the first six months of 2016, Bloomberg reported on Thursday, citing people familiar with the matter.

Dell has also made progress in syndicating $ 10 billion of its financing package for the EMC acquisition dubbed «term loan A», people familiar with the situation said earlier.

Sprint and its controlling shareholder SoftBank have started preliminary conversations to merge with T - Mobile US, Bloomberg reported on Friday, citing people familiar with the matter.

T - Mobile U.S. is close to agreeing tentative terms on a deal to merge with peer Sprint, people familiar with the matter said, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers.

Citing people familiar with the matter, the newspaper said U.S. prosecutors in New York are considering other possible charges and have not made a final decision.

The Wall Street Journal says executives are preparing to reduce the company's staff by as much as 40 per cent before the end of the year, citing people familiar with the matter.

(Reuters)- Blackstone Group LP has secured $ 17 billion from investors for its latest global private equity fund in just seven months, the biggest so - called first close of a buyout fund ever, according to people familiar with the matter.