Management Transition Filing Sows Confusion
Filing multiple 8-K forms without a press release was "our bad," says ZASH Global Media CEO Ted Farnsworth.
Crypto Exchange Bakkt Begins Trading on NYSE
ICE-owned Bakkt went public via a SPAC merger with VPC Impact Acquisition Holdings.
SeatGeek Going Public Via SPAC
The merger with RedBall Acquisition values the mobile-centric ticketing platform at $1.35 billion.
Emerson to Merge Software Units With AspenTech
The cash-and-stock transaction values the new company at $160 a share.
SPAC Merger Calendar: Upcoming Votes
WeWork, Redbox, NextNav, Bakkt, and Algoma Steel are among the companies scheduled to merge with a SPAC this month.
FedEx Rerouting 600K Packages a Day Due to Worker Shortage
The labor shortage had a $450 million impact on the company’s quarterly results.
Intuit to Buy Email Marketing Firm Mailchimp for $12B
The deal is expected to close in the second quarter of next year and lift Intuit’s fiscal 2022 earnings.
Walmart Confirms No Partnership With Litecoin
A fake press release said the retailer would begin accepting payments in Litecoin, driving up the cryptocurrency's price by over 26%.
SPAC Activity Falls in Q2
The second quarter marked the lowest quarter of SPAC offerings since last year's second quarter.
Forbes Media Going Public Via SPAC
The deal values the company at a pro forma enterprise value of $630 million.
Zeta CFO Attributes Revenue Growth to COVID-Era Refocusing
The cloud-based marketing technology company reported a 39% year-over-year increase in its second-quarter revenue.