One of the largest SPACs seeking a target could be nearing a $20 billion deal to bring one of the largest privately-held biotechnology companies public.
The SPAC Rumor: Bloomberg reports Ginkgo Bioworks is in talks with Soaring Eagle Acquisition Corp (NASDAQ: SRNGU), a SPAC led by Harry Sloan and. Read More.
Who will take the blame for a global recession? The answer, at least according to famed bond investor Bill Gross is central banks across the world.
Gross, head of the $2.1 billion Janus Henderson Global Unconstrained Bond Fund, said in a letter to investors that central banks across the world have. Read More.
Hip hop might not be dead yet. Sprint Corp (NYSE: S) recently announced a equity stake in Jay Z s streaming service Tidal, reportedly paying $200 million for a 33 percent stake, valuing the company at $600 million. The acquisition by Sprint sits as one of the biggest hip-hop deals ever.
As part of. Read More.