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SHAREHOLDER ALERT: Rigrodsky Law, P A Announces Investigation of VG Acquisition Corp Merger

Press release content from Globe Newswire. The AP news staff was not involved in its creation. SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of VG Acquisition Corp. Merger Rigrodsky Law, P.AFebruary 4, 2021 GMT WILMINGTON, Del., Feb. 04, 2021 (GLOBE NEWSWIRE) Rigrodsky Law, P.A. announces that it is investigating VG Acquisition Corp. (“VG Acquisition”) (NYSE: VGAC ) regarding possible breaches of fiduciary duties and other violations of law related to VG Acquisition’s agreement to merge with 23andMe, Inc. ADVERTISEMENT To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-vg-acquisition-corp. You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com.

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Branson-backed SPAC to take DNA-testing firm 23andMe public in US$3 5 bil deal

BENGALURU (Feb 4): A blank-check firm, backed by Virgin Group founder Sir Richard Branson, is taking consumer DNA-testing firm 23andMe public in a deal that values the merged entity at US$3.5 billion, the companies said on Thursday. As part of the deal with VG Acquisition Corp, 23andMe will receive proceeds of US$759 million, which includes US$250 million from a range of investors including Branson, 23andMe co-founder Anne Wojcicki, funds managed by Fidelity Management & Research Co LLC, Altimeter Capital, Casdin Capital and Foresite Capital. Billionaire Branson, a serial entrepreneur whose space tourism company Virgin Galactic went public through a deal with prolific blank-check investor Chamath Palihapitiya s special purpose acquisition company (SPAC) in 2019, is the latest celebrity to join the blank-check dealmaking frenzy.

Richard bransonDan loebBill ackmanChamath palihapitiyaAnne wojcickiFamer shaquille onealPaul ryanWilbur rossYork stock exchangeVirgin galacticVg acquisition corpFidelity management research coNew york stock exchangeVirgin groupSir richard bransonFidelity management

Branson-backed SPAC to take DNA-testing firm 23andMe public in $3 5 bn deal

A blank-check firm, backed by Virgin Group founder Sir Richard Branson, is taking consumer DNA-testing firm 23andMe public in a deal that values the merged entity at $3.5 billion, the companies said on Thursday. As part of the deal with VG Acquisition Corp, 23andMe will receive proceeds of $759 million, which includes $250 million from a range of investors including Branson, 23andMe co-founder Anne Wojcicki, funds managed by Fidelity Management & Research Co LLC, Altimeter Capital, Casdin Capital and Foresite Capital. Billionaire Branson, a serial entrepreneur whose space tourism company Virgin Galactic went public through a deal with prolific blank-check investor Chamath Palihapitiya s special purpose acquisition company (SPAC) in 2019, is the latest celebrity to join the blank-check dealmaking frenzy.

Richard bransonDan loebBill ackmanChamath palihapitiyaAnne wojcickiAlan jopeFamer shaquille onealPaul ryanWilbur rossYork stock exchangeVirgin galacticFidelity management research coVg acquisition corpNew york stock exchangeVirgin groupSir richard branson

SVC, FTI Handle 23andMe, Branson SPAC Deal

SVC, FTI Handle 23andMe, Branson SPAC Deal
odwyerpr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from odwyerpr.com Daily Mail and Mail on Sunday newspapers.

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23andMe seeks $3 5 billion value as it goes public in blank check merger - Silicon Valley Business Journal

23andMe seeks $3 5 billion value as it goes public in blank check merger - Silicon Valley Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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