First Read closes out the week with news that Fiat Chrysler and Peugeot owner announce $48 bln merger, Altria cuts value of Juul stake by $4.5 bln and ex-President Obama decries fake 'wokeness' online culture.
No spooking investors from animal health
Emerging manager fundraising sluggish, but May River should be oversubscribed
First Read ushers in the day with news that Sony is shutting down PlayStation Vue live TV service, Federal Reserve cuts interest rates for the third time this year and snarky sports site Deadspin, backed by private equity, has mass exodus of reporters.
Compensation spikes across PE as fundraising nears record level, Ex-Lariat Partner re-activates independent sponsor shop
First Read kicks off the day with news that Juul appoints a new CFO amid a management shake-up, Fiat Chrysler and PSA are in talks to merge and WhatsApp sues NSO Group in federal court.
Tough sledding for distressed-focused managers, Peaceable Street reaches deal with Declaration Partners
First Read begins the day with news that the S&P 500 hits a new high, Google parent Alphabet makes a bid to buy Fitbit and Facebook employees sign open letter deriding company's hands-off stance on political ads.
Ex-Ontario Teachers' exec forms search fund, Conduit seeks buyer for BenefitWallet
First Read begins the week with news that Jeff Bezos is close to losing his title as world's richest person to Bill Gates, auto marketplace ACV Auctions seeks to raise $150 million at a $1 billion valuation and auto marketplace ACV seeks to raise $150 mln.