'Big Short' Investor Michael Burry Exits GameStop After eBay Bid
In brief Michael Burry sold his entire GameStop position Monday after the company’s $55.5B eBay bid. He flagged debt levels incompatible with his “Instant Berkshire”...
Tag : bid
GameStop makes $55.5B offer to buy eBay in surprise takeover bid
GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks to push further beyond its...
Judge Shoots Down Sam Bankman-Fried's Bid for New Trial
In brief U.S. District Judge Lewis Kaplan denied Sam Bankman-Fried’s motion for a new trial on Tuesday, rejecting claims that witnesses had faced “threats from...
CFTC sues New York over bid to apply gambling laws to prediction markets
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated...
Sam Bankman-Fried drops new trial bid, seeks new judge
Former FTX CEO Sam Bankman-Fried has withdrawn his Rule 33 motion that sought a new trial in his criminal case. Summary Bankman-Fried withdrew his Rule...