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Corporate Actions
For Alibaba, Six Is Bigger Than One—And a Smaller Target
There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same
NFL, RedBird Team Up to Distribute Sunday Ticket Games to Bars, Restaurants
WSJ News Exclusive Media & Marketing Sunday Ticket was previously the remit of DirecTV, and YouTube recently acquired residential rights for popular subscription package Source
Executive Showdown May Determine Fate of EY Split
Feuding executives meet this week to hash out a deal on Ernst & Young’s proposed breakup. Source link
Apple Rolls Out Buy Now, Pay Later Plan
The tech company will let users apply for loans of as much $1,000 with no interest or fees. Source link
Intel, Raytheon, Other Big Companies Push Back on EU Subsidy Rules
WSJ News Exclusive Europe Companies warn new disclosure requirements could disrupt deals, halt public tenders Source link
Executive Showdown May Determine Fate of EY Split
Feuding executives meet this week to hash out a deal on Ernst & Young’s proposed breakup. Source link
Alibaba to Split Into Six Groups and Explore IPOs
The biggest structural overhaul in the Chinese tech company’s history comes a day after co-founder Jack Ma returned to mainland China. Source link
First Citizens Adds to Its Collection of Failed Banks With SVB Purchase
The deal gives the North Carolina bank $219 billion in assets. Three years ago, it had $42 billion. The SVB purchase will give First Citizens
Carolina Lender Sees Opportunity in Silicon Valley Bank, With Assurances From Uncle Sam
Markets Heard on the Street First Citizens, no stranger to acquiring banks, gets a good deal thanks to guarantees from the FDIC Source link
First Citizens Adds to Its Collection of Failed Banks With SVB Purchase
The deal gives the North Carolina bank $219 billion in assets. Three years ago, it had $42 billion. The SVB purchase will give First Citizens