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Meal-Kit Maker Blue Apron to Be Sold
The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link
Instacart Prices IPO at $30 a Share, at Top End of Expectations
The grocery-delivery company is valued at nearly $10 billion ahead of its long-anticipated public-trading debut Tuesday. Source link
Arm Sets IPO Price at $51 a Share
British chip designer drops price after initially considering $52 a share. Source link
Shari Redstone's National Amusements Strikes Deal With Lenders
The family holding company agreed to partial debt paydowns and higher interest rates. Source link
Schulman Having Bumpy Landing After Taking PayPal to New Heights
With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.
Kim Kardashian Taps Ex-Apple, Burberry Executive for Private-Equity Firm
Angela Ahrendts will be joining SKKY Partners as senior operating adviser. Source link
Walmart Pays $1.4 Billion to Boost Flipkart Stake
The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link
What Fed Hikes? Much of Americans' Debt Is Still Riding Ultralow Rates
One reason the economy keeps humming: A huge chunk of consumer debt still carries low rates, including mortgages and auto loans made before 2022. Source
Why Elon Musk's Plan to Build a Super App Won't Be Easy
Lots of U.S. companies have talked about a super app, including PayPal, Snap and Block. Source link
Instacart Set to Raise IPO Price Target After Successful Arm Debut
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