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Why Investors Had a Meltdown Over Virgin Galactic's Reverse Split News

The Motley Fool

Hence the investors' knee-jerk reaction: selling Virgin Galactic stock on news of the reverse split. Under New York Stock Exchange rules, stocks must maintain share prices of $1 or more, or risk getting delisted. NYSE doesn't want a bunch of penny stocks cluttering up its feed, you see.

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Sycamore vies to take Nordstrom private

Private Equity Insights

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Sycamore declined to comment while representatives for Nordstrom did not immediately respond to a request for comment. Nordstrom also had long-term debt of $2.9 Nordstrom shares rose 6% to $19.90 billion as of the end of December.

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Why Manchester United Stock Soared This Week

The Motley Fool

The team is majority owned by the Glazer family, but some of its shares trade on the New York Stock Exchange. billion, and an enterprise value (which includes debt) of $4.7 So what Manchester United is one of the best-known sports brands globally, and one of the few that is publicly traded.

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PE majors eyeing $15bn schools group Nord Anglia

Private Equity Wire

The report cites unnamed sources familiar with the process, as coffering that final bids for a majority stake in the London-based group are due later this month, potentially valuing the business at up to $15bn. Notable institutions in its portfolio include Oxford International College in the UK and Avenues in New York.

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Thoma Bravo exits financial risk software company Adenza to Nasdaq for $10.5bn

Private Equity Insights

In 2020, New York Stock Exchange owner Intercontinental Exchange acquired mortgage software specialist Ellie Mae from Thoma Bravo for $11bn, another deal led by Spaht, that was one of the most successful private equity deals in recent years. Qatalyst Partners was the lead financial adviser to Thomas Bravo.

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Camden Property Trust (CPT) Q2 2023 Earnings Call Transcript

The Motley Fool

Last week, Camden's board and executive management team rang the closing bell of the New York Stock Exchange to celebrate Camden's 30th birthday as a public company. million of secured variable rate debt with a weighted average interest rate of 7.1%. 91% of our debt is now unsecured. per share $0.02

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Castle Creek-backed Northpointe Bancshares aims for $595m valuation in 2025’s first US bank IPO

Private Equity Insights

in its upcoming IPO on the New York Stock Exchange. Since 2018, Northpointe has raised over $38m in common equity and $220m in preferred equity and debt, strengthening its capital base ahead of the IPO. The bank plans to offer 7.4 million shares, while existing shareholders will sell an additional 1.5

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