Zillow buying trulia 3. 5 billion all tock. Jack lew, oped calling for antiinversion tax legislation. Economic data capped off with monthly jobs report. Dollar tree acquiring Family Dollar 8. 5 billion, the value of Family Dollar 74. 50 a share, 24 prepare premium to the close friday. Comes more than a month after icahn called for Family Dollar to sell itself, thought it was going to be somebody else. Dollar general the name for a long time, we thought because of the great synergies that deal would bring, not without antitrust impedestrianti antiimpediments but Dollar General not the name, its dollar tree. Carl icahn may take credit but the approach made in march by dollar tree prior to mr. Icahn publicly coming into the shares. And so we know hes got a great nose, a great feel for these kind of situations. It was previous to that that Family Dollar told us it was at least exploring alternatives they did open up that process in the winter. They got approached by dollar tree. The big qu
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socaltech.com
A new, Pasadena-based fintech startup,
Cheese, said on Wednesday that it has launched a digital banking platform focused on Asian communities. According to the company, it is offering up zero-fee, cashback banking services to customers, serving primarily Asian-Americans and immigrants in the United States. The company has coupled its banking services with cash back at stores, and donations to charitable organizations supporting the Asian-American community. The new startup was founded by CEO Ken Lian. The company has tapped Asian actor, musician, and host Jimmy Wong, who will service as Chief Community Ambassador for the company. The company has raised $3.6M in seed funding from Ifly.vc, Amplify, Adam Nash (former CEO of Wealthfront), Spencer Rascoff (Zillow), Wedbush Ventures, Idealab, and Operate Venture Studio.