Sentences with phrase «stake in the company at»

He still owns 1.15 million shares, putting his stake in the company at about $ 26 million.
His outlook for the company is wonderful, so he is only willing to sell you his stake in the company at a premium.
Last year it landed a massive $ 900 million investment which included a $ 740 million strategic investment from Intel that gave the chipmaker a 17 percent stake in the company at an implied valuation of more than $ 4 billion.
Looking back, Steve Jobs and Bill Gates are the two most successful founders discussed above, and they had the most significant stakes in their companies at the time they left.

Not exact matches

For example, Uber sold new shares to SoftBank Group in January in a deal that valued the ride hailing startup at $ 48 billion, significantly higher than the nearly $ 4 billion valuation at which Google had bought its stake in the company five years ago.
Despite all that, short - term profitability isn't why Axel Springer would be interested in buying Business Insider (a company in which it already has a small stake, since it participated in the financing round earlier this year that valued the company at $ 200 million).
German media giant Axel Springer is acquiring a controlling stake in media startup Business Insider for $ 343 million, which values the New York - based company at about $ 450 million.
Flipkart had vetoed an approach from Amazon for a 51 to 55 percent stake in the company two years ago, a source told Reuters, judging its offered price as far too low at the time.
-- Springer is actually only buying 88 % of Business Insider, because it already owned a 9 % stake as a result of an investment round in January (which valued the company at less than half what Springer is now paying).
The federal government in Canada doesn't plan to legalize edibles until at least 2019, providing many more months for companies to solve this vexing issue — and more time for alcohol companies to stake a claim.
Seattle - based PopCap, meanwhile, was acquired by giant Electronic Arts in 2011 for $ 750 million, and Finland's Supercell, which currently rules the mobile roost with its hit Clash of Clans, last month netted a cool $ 1.5 billion after Japanese telecom provider Softbank purchased a 51 % stake, which values the company at $ 3 billion — or bigger than Zynga.
The company has already put at least $ 850 million toward debt reduction from the sale of a gold mine in Australia, and a portion of its stake in the Porgera mine in Papua New Guinea to Chinese company Zijin Mining Group.
But as the day's final speaker, he couldn't leave the stage without blowing one more kiss at Ackman: Icahn disclosed that he has now asked his company for permission to take up to a 50 percent stake in Herbalife, the supplement company over which the two have battled so publicly.
This follows Dufry's agreement to acquire a 50.1 % stake in the company for $ 10.25 ($ 11) a share, a deal that values World Duty Free at $ 3.6 billion ($ 3.9 billion), including debt.
Bosses should let the employees have control of at least one aspect of the party, whether it's the food, music, entertainment, date and time or activities, so that they feel like they have more of a stake in the company.
At the closing price of $ 44.90, Evan Williams» stake in the company is worth $ 2.6 billion.
Four years later, the app is valued at $ 16 billion, despite an investor marking down its stake in the company.
That's according to industrious Twitter users, who quickly swooped in following the announcement to take jabs at the company that will include Yahoo's 15 % stake in Alibaba and its 35.5 % stake in Yahoo Japan.
Back in September 2007, for instance, Blackstone took a $ 3 billion investment from the China Investment Corp. in exchange for a 10 % stake, valuing the company at $ 30 billion shortly before Blackstone listed shares on the public market.
For investors, seeing insiders buy stock is usually a good sign, and so it is at Shaw Communications, whose 83 - year - old founder, JR Shaw, handed over $ 5.27 million in 2016 to increase his stake in the company to 4.1 %.
Resource Capital Funds is set to emerge with a near 30 per cent stake in Vimy Resources when the uranium company completes a $ 22 million capital boost to fund ongoing work at its Mulga Rock project in the eastern Goldfields.
With a nearly 16 percent stake in Dell and ties going back three decades to the creation of the company out of his college dorm room, Michael Dell is seen as having much more at stake in the deal going through than Silver Lake, a financial investor that often walks away from deals.
That increases the shares outstanding and dilutes the stake of existing shareholders, since shares issued by the company through the exercise of options are not sold in exchange for cash at fair market value but are exercised at a discount.
Trema International, which currently owns 69 % of Rovio's shares, will retain a 36.6 % stake in the company after the flotation, assuming that the final offer price falls at the midpoint of the preliminary price range.
Buffett would eventually build his now $ 73 billion fortune at Berkshire Hathaway, then a struggling textile company that would become a holding corporation with stakes in Coca - Cola, Wells Fargo, and Heinz.
To gain approval under the International Entrepreneur Rule, which could go into effect by the end of the year if approved, entrepreneurs would need to show that their startup was founded in the last three years, as well as maintain at least a 15 percent ownership stake in the company.
Tsinghua Unigroup has spent more than $ 9.4 billion making acquisitions and investments at home and abroad over the past two years, including the purchase of stakes in U.S. data storage company Western Digital Corp (WDC) and Taiwan's Powertech Technology Inc..
The group's plan is to raise at least $ 500 million in an IPO, then purchase a minority stake in one or more highly valued private tech companies.
Private equity firm Berkshire Partners LLC said on Wednesday it would acquire a significant minority stake in Kendra Scott Design Inc, in a deal that sources said values the Austin, Texas - based jewelry company at more than $ 1 billion.
Temasek Holdings called on firms it has stakes in not to cross «red line» after a bribery scandal at portfolio company, Keppel Corporation.
The hedge fund manager, whose Yelp stake was worth about $ 10 million at the end of 2015, has made at least several million dollars in the stock just this week, after telling investors that he believes the company's revenue could double in the next three years.
But it's in your best interest to understand what's at stake, help craft an overarching strategy, and stay on top of security initiatives — just as you would with any other major activity in your company.
Individuals at my company will put stakes in the ground and let ideas evolve after they've been touched and retouched.
At that time, taking on a bigger stake in Apple seemed like a potential misstep: The company's stock had been swooning amid three straight quarters of profit and revenue declines due to decreases in iPhone sales.
David Geffen, the third founder of the company, ceased to be listed as a shareholder in 2012, as he didn't have more than 5 % of the company's stock — the threshold at which investors are required to disclose their stake.
But investors are questioning her ability to create value with that strategy: the company's core business is now valued at less than its stakes in Alibaba and Yahoo Japan.
Coca - Cola has inked a 10 - year partnership with Keurig - maker Green Mountain Coffee Roasters, and has also purchased a 10 % equity stake in the company valued at $ 1.25 billion.
It later sold back its shares to Lubetzky in 2014 in a stake sale that valued the company at $ 728.5 million.
In January, Axel Springer bought a 7 % stake in Business Insider as part of a $ 25 million funding round that valued the company at $ 200 millioIn January, Axel Springer bought a 7 % stake in Business Insider as part of a $ 25 million funding round that valued the company at $ 200 millioin Business Insider as part of a $ 25 million funding round that valued the company at $ 200 million.
The notion that he never talked about HHC before is not entirely accurate; he did discuss the position at the Harbor Investment Conference in 2015, saying that Pershing Square would keep its stake in the company.
«Hustling,» in startup parlance, works only when you're a 10 - person company making cute Internet distractions — not when people's health and safety are at stake.
The Omaha, Nebraska - based company began investing in Wells Fargo in 1989, and quickly built a 10 % stake at a cost of $ 289 million.
At one point, Doctor said there were plans to have Patrick Soon - Shiong — a billionaire who invested in Tronc earlier this year in return for a significant stake in the company — acquire the Los Angeles Times and let Gannett acquire the rest of the company, including the Chicago Tribune.
Charney also lashed out at Standard General, the hedge fund that loaned him the capital to boost his stake in American Apparel from 27 percent to 43 percent on the promise (Charney claims) that they would help him reclaim a leadership position within the company.
A Thursday New York Times story revealed that investment firm Andreessen Horowitz, which has a stake in Instagram, just led a $ 5 million funding round for the parent company of competitor Picplz — which in turn caused a blogger at Business Insider to wonder whether the apparent conflict of interest indicates that Instagram has been sold.
Hearst Magazines is acquiring a minority stake in Gear Patrol, a digital and print publication aimed at product enthusiasts, to help the company branch out into more e-commerce efforts to diversity revenue.
And he held stakes in some self - storage companies in Ohio, each valued at $ 100,000 or more.
What's at stake for big cell phone companies with the iPhone 6 hitting stores in one week as they fight to sign up more customers?
At one time, Mr. Stronach was chairman of all three companies and controlled them all, but he also sold his controlling stake in MI Developments and will no longer be associated with that company when the deal to buy him out closes later this year.
The disclosure reveals more than was previously known about his ties to Cambridge Analytica, where he was vice president of the board: He had a stake in the company that he valued at $ 1 million to $ 5 million, which he plans to sell.
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