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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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Stonepeak Seals $7.4bn Deal for Textainer

Private Equity Insights

The deal, which values Textainer at approximately $7.4bn or $50 per share, did not attract any competing bids during this period. The acquisition is expected to be completed in the first quarter of 2024, subject to the satisfaction of customary closing conditions, including approval from Textainer shareholders and regulatory clearances.

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Why Manchester United Stock Is Down Big Today

The Motley Fool

What happened Manchester United (NYSE: MANU) reportedly got taken off the market because its controlling shareholders failed to receive their target valuation from bidding companies. Investors are disappointed, sending share prices of the storied English soccer club down as much as 20% on Tuesday.

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Why Manchester United Stock Soared This Week

The Motley Fool

What happened The long, drawn-out sale of English Premier League club Manchester United (NYSE: MANU) seems to be nearing an end, and if reports are to be believed, shareholders will get a payout. The team is majority owned by the Glazer family, but some of its shares trade on the New York Stock Exchange.

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

Private Equity Insights

We are excited to become a strategic shareholder in Nasdaq,” said Holden Spaht, a managing partner at Thoma Bravo who led the group’s investment. read more France-based private-equity firm, Antin, offered to buy Opdenergy for €866m euros Opdenergy shares jump 43% following €866m Antin bid Shares in Opdenergy Holdings climbed Monday.

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3 Magnificent Growth ETFs Every Investor Under 40 Should Own

The Motley Fool

The Magnificent Seven and many other tech names are highly profitable, earn terrific returns on capital, and are now even returning more cash to shareholders. It just happens to be a newer stock exchange where the bulk of major technology stocks have listed. After all, Costco Wholesale is in its top 10 holdings.

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OTPP Unloads Premier Lotteries Ireland to French Operator

Pension Pulse

Ontario Teachers’ Pension Plan, which is the majority shareholder of PLI said it believes FDJ is well positioned to help PLI going forward. As part of the transaction, PLI’s other shareholders, An Post and the An Post pension fund, also will sell their minority shareholdings in PLI to FDJ. An Post also welcomed the sale.