Tag: Larry Ellison
FT: Oracle joins Microsoft as a possible bidder for TikTok
For a couple of weeks, Microsoft had been the only name publicly attached as a potential buyer for TikTok, and it has about a month left before the announced September 15th deadline to make a deal. Since then, Twitter was reported as a company in “pr… Source
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Tesla’s newest board member has a long stance against short selling
Tesla has added Hiromichi Mizuno as a new member to its board of directors and audit committee — the former chief investment officer of Japan’s $1.5 trillion pension fund and a longtime opponent of common market practices like short selling. With Mizuno’s appointment the Tesla board now has 10 members,…
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Tesla locks in stock surge with $2B offering at $767 per share
Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to raise more than $2 billion. Lead underwriters Goldman Sachs and…
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Tesla is going back to the markets to raise more than $2B through stock offering
Tesla said Thursday it plans to raise more than $2 billion through a common stock offering and will use the funds to strengthen its balance sheet and for general corporate purposes, despite signaling just two weeks ago that it would not seek to raise more cash. Tesla CEO Elon Musk…
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