Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX
TikTok announced on Thursday that it had closed a deal to establish a new US entity, all…
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Silver Lake
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36 days ago
66 days ago
Police call explosion at nursing home near Philadelphia ‘mass casualty incident’ ⊖⊖
found
a story from The Guardian ⚠️ › International
People at Silver Lake healthcare center in Bristol Township injured and trapped inside after partial building collapse
An explosion at a nursing home just outside Philadelphia collapsed part of the bu…
71 days ago
TikTok signs deal to create US joint venture ⊕
found
a story from Financial Times ✅ › Financial Times
Oracle, Silver Lake and MGX will be investors in new unit as part of deal arranged by Trump administration
TikTok signs Trump-backed deal to sell US entity to American investors ⊕
Deal with Oracle, Silver Lake and MGX, confirmed in internal memo, will allow app to continue operating in US
TikTok has signed a deal to sell its US business to three American investors – Oracle, Sil…
4 months ago
Why the enormous Saudi-led deal to acquire EA matters, whether you play games or not ⊕⊕
In this week’s newsletter: The private equity effort to acquire the makers of Fifa and more is the biggest deal in gaming history – financially and morally
When Microsoft announced its intention to bu…
EA going private in a deal that will pay shareholders $210 a share ○
Electronic Arts said it has agreed to be acquired by PIF, Silver Lake and Affinity Partners in an all-cash deal worth $55 billion.
Video games maker Electronic Arts strikes $55bn deal to go private ○
found
a story from Financial Times ✅ › Financial Times
Saudi-backed transaction orchestrated by Jared Kushner and Silver Lake is one the biggest-ever leveraged buyouts
5 months ago
Abu Dhabi’s MGX joins Oracle and Silver Lake as lead investor in Trump’s TikTok deal ○
found
a story from Financial Times ✅ › Financial Times
US president is expected to sign an executive order to approve the agreement
Oracle, Silver Lake & MGX will be main investors in TikTok U.S., sources say ○
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TikTok's U.S. business will have 45% of control in the hands of a group of investors that includes Oracle, Silver Lake and Abu Dhabi's MGX.
10 months ago
Intel to sell majority stake in Altera for $4.46 billion to fund revival effort ○
Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion.