Browsing Tag

sell

Uber shares drop as Softbank plans to sell shares

SoftBank is selling about a third of its stake in rideshare Uber, in part to cover losses on its investment in Chinese ridesharing company Didi, two people familiar with the matter told CNBC. It plans to sell 45 million shares that have a…

Verizon Near Deal to Sell Yahoo and AOL

The private equity firm has been on a shopping spree for the past few months, announcing deals to acquire the handicrafts retailer Michaels and the Venetian resort in Las Vegas. The company, Leon Black, announced in late March that he…