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Tesla CEO Elon Musk has taken a stake in Twitter Inc. after stating that he is “giving serious thought” to building a new social media platform — one that prioritizes free speech. An analyst says this could eventually lead to a buyout. Elon Musk’s Stake in Twitter Tesla and Spacex CEO Elon
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The deal with OncoImmune will see Merck take up the ownership of CD24Fc with additional payment made to OncoImmune based on future favorable regulatory approvals associated with the drug.American multinational pharmaceutical company Merck & Co Inc (NYSE: MRK) has inked a $425 million deal with OncoImmune, a privately-held, clinical-stage biopharmaceutical
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The New York-based private equity firm Fortress has issued a "premium" offer to buy out creditor claims from the now-defunct Mt. Gox exchange. In a letter said to be sent by Fortress managing director Michael Hourigan on Monday, the company said it was offering creditors with large claims at a
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Fortress Investment Group has increased its offer to purchase claims from creditors who lost money in the infamous $480 million Mt. Gox hack. The group, which aims to profit by eventually recovering the Bitcoin (BTC), upped its offer on the cryptocurrency to 88% of the estimated account value.CryptoX has
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Fortress has reportedly issued a new – and lower – buyout proposal for claims from the creditors of defunct cryptocurrency exchange Mt. Gox. According to a one-page proposal obtained by Bloomberg, Fortress is offering Mt. Gox creditors 70 percent of their account value. Based on the current price of
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