Sentences with phrase «stake in the company in»

After all, he rather famously gave up his stake in the company in exchange for a house in Maine when his wife and co-founder divorced him.

Berkshire Partners reportedly bought a majority stake in the company in 2005 for an estimated US$ 87 million.

FIH Mobile Ltd, a subsidiary of Foxconn Technology Group, had picked up 10 % stake in the company in November 2015.

J.C. Penney Co. and its largest shareholder, William Ackman, have made a deal that sets terms for allowing him to unload his stake in the company in an orderly manner.

Third Point also disclosed a stake in the company in November.

Remington will exit bankruptcy as soon as this month, with some of its creditors, including JPMorgan Chase & Co (JPM.N) and Franklin Advisors, taking ownership stakes in the company in exchange for forgiving debt.

Vista sold a portion of its stake in the Company in February 2018 and retains a passive minority stake in the business.

But if you bought your stake in those companies in say 1996, and you're suddenly being offered a ridiculous amount for them (like 40 + times earnings), then it's just like if someone wants to buy your house.

With the company struggling financially and battling a much larger competitor in Enron, Sprecher granted firms an 80 percent equity stake in the company in return for their commitment to trade on the platform.

Trian took a $ 2.5 billion stake in the company in late 2015.

The global spirits producer bought a 50 % stake in the company in 2015 from the company's founders, Ross Calow, Daniel Hawkins and Igor Boyadjian.

Maloney inherited a 4.8 percent stake in the company in 2013, and earned between $ 30,000 and $ 95,000 in income from the company between 2013 and 2016, her financial disclosure forms show.

Nissan finalized its acquisition of a majority stake in the company in October and it seems to be going well so far.

Microsoft (s msft) has forged an unusual pact with ValueAct Capital, which bought a $ 2 billion stake in the company in April.

The Crossfade 2 are the first over-the-ear product announcement from V - Moda since Roland acquired a majority stake in the company in August 2016

Not exact matches

''... Because we can't hold public stock as a fund, it's sort of a bummer for me when the company goes public, because then it moves on to someone else's plate and we don't hold the stake in it.»

Newly listed diversified Australian resources company Apollo Minerals Ltd has confirmed that Chinese Iron and Steel Grouphave taken a 3.9 per cent stake in the company and is looking to increase its stake to 19.9 per cent.

• Vitruvian Partners agreed to acquire a minority stake in Bitdefender, a Bucharest, Romania - based cybersecurity tech company, from Axxess Capital.

The company received $ 3 billion from China in 2007 for a 10 percent stake in the company that had $ 368 billion under management as of the end of March.

April 11 (Reuters)- Paulson & Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business, Paulson told Reuters in an interview.

According to data from Sentieo, nearly 75 % of publicly traded companies with some stake in the marijuana industry deemed Trump's election important enough to mention it as a risk factor to their shareholders.

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.

Shares in South Perth - based Noble Mineral Resources have surged more than 37 per cent on news Chinese group Zhongrun is to invest $ 87.7 million and take a 42 per cent stake in the company.

Rumours of Verizon's entry into Canada recently subsided with the company's purchase of Vodafone's 45 % Verizon stake, as well as statements from Verizon's CEO indicating that the company wasn't particularly interested in going north.

Amazon CEO Jeff Bezos, also an early investor, retains a 3 % stake in the company.

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).

In late February, Coke invested $ 1.25 billion dollars in Green Mountain Coffee (maker of Keurig coffee machines) for a 10 percent stake in the companIn late February, Coke invested $ 1.25 billion dollars in Green Mountain Coffee (maker of Keurig coffee machines) for a 10 percent stake in the companin Green Mountain Coffee (maker of Keurig coffee machines) for a 10 percent stake in the companin the company.

MONTREAL, April 25 - Airbus SE and Bombardier aim to close a deal giving the European planemaker a majority stake in the Canadian company's CSeries jetliner program by the end of May, ahead of an initial timetable, two people familiar with the matter told Reuters this week.

That section laid out that a change in accounting rules now required Alphabet to include the change in value of any shares it owned in private companies, such as Uber, in its profits even if just held onto to its stake and didn't buy or sell any more shares.

He's still one of the biggest shareholders in the company, with a 5 % - plus stake that's worth about $ 300 million, according to SEC documents, mostly in a trust for his kids.

Among the interests Mnuchin sold were stakes in a Hollywood financing company known as RatPac - Dune, Treasury spokeswoman Molly Meiners said in an email.

Henceforth, foreigners are able to buy controlling stakes in telecom companies, provided they have market shares lower than 10 %.

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.

In mid-February, investment giant Capital Group more than doubled its Lululemon stake to 12.7 million shares, or about 11 % of the company.

Trump's name shows up in filings of less than 14 % of all companies, but the stakes are much higher for firms that have bet on the federal government taking a hands - off approach to marijuana policy.

«Oddly because we can't hold public stock as a fund, it's sort of a bummer for me when the company goes public, because then it moves on to someone else's plate and we don't hold the stake in it,» he added.

• Centerbridge Partners closed its acquisition of a majority stake in Davis Vision, a San Antonio, Texas - based managed vision care company.

Chinese tech giants are now outright acquiring or taking majority shares in overseas companies, such as Ctrip's (China's leading online travel agency and number two market leader in the world, second only to Priceline) acquisition of the UK's leading travel search site Skyscanner, Tencent's 93 % investment in U.S. - based gaming company Riot Games and 84 % investment in Finland - based gaming company Supercell, and Alibaba's 83 % stake in Southeast Asia's online shopping site Lazada.

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.

In 2013, Red Antler reduced its fee to take a small stake in fledgling mattress company Casper, one of Inc.'s 30 Under 30 companies in 201In 2013, Red Antler reduced its fee to take a small stake in fledgling mattress company Casper, one of Inc.'s 30 Under 30 companies in 201in fledgling mattress company Casper, one of Inc.'s 30 Under 30 companies in 201in 2015.

-- 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).

Tencent president Martin Lau sold 1 million of his shares in the company, reducing his stake to 0.48 percent from 0.49 percent.

Musk put his last $ 35 million into Tesla and maintained his stake in the company, despite his lack of cash.

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.

• Marlin Equity Partners acquired a majority stake in Talkwalker, a Luxembourg - based global listening and analytics company.

The company recently bought a stake in an e-commerce hub called Shop.ca, and owns a western Canadian newspaper chain.

Sainsbury's, a British grocery chain, will buy Asda for # 3 billion ($ 4.1 billion) in cash and a 42 % stake in the company, which will make Walmart the largest minority shareholder.

The Andreessen Horowitz backed company with $ 2.57 million in publicly stated funding was unable to interest any of the Sharks in its offer of a 5 percent stake for $ 2 million.

Where big corporations generally have layers and layers of corporate bureaucracy to wade through, not to mention the livelihoods of thousands of employees in their hands, and many stock and stake holders to answer to, smaller companies have always had the advantage of being able to pivot fast by making quick decisions.

The company acquired a majority stake (93 %) of Riot Games back in February 2011 for a reported $ 400 million.