Of Jason Bisnoff Last week there were rumors that cryptocurrency exchange FTX might be looking to buy Robinhood as its share price continues to fall. Despite denials from FTX founder and CEO Sam Bankman-Fried, the idea raised questions: whether the brokerage is for sale and who might be interested in buying it. In a report […]
Tag: Acquisition
Redfin To Buy RentPath For $608 Million
Redfin is set to acquire RentPath, the owner of Rent.com, ApartmentGuide.com, and Rentals.com, in an all-cash deal for $608 million. The transaction is expected to add 700 RentPath’s employees to Redfin while adding the service of renting to its portfolio.
Microsoft Reportedly Wanted To Buy Pinterest For $51 Billion
Financial Times reported today that Microsoft was supposedly in talks for acquiring social network site Pinterest for $51 billion over recent months. The deal would be the biggest acquisition for Microsoft to date. No new developments have been confirmed on the deal as of yet.
Slack Shares Jump On Potential Salesforce Acquisition
Salesforce has reportedly approached Slack with a potential acquisition deal, according to The Wall Street Journal. Shares of Slack jumped while Salesforce shares dropped on the news.
McCormick To Acquire Cholula For $800 Million
The American spice maker McCormick announced today that it would buy the parent company of the hot sauce maker, Cholula Hot Sauce, for $800 million in cash.