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Search resuls for: "Nikolas Kokovlis"


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Before its collapse a year ago, FTX had ranked as one of the world’s biggest cryptocurrency exchanges. Photo: Nikolas Kokovlis/Zuma PressA company run by former New York Stock Exchange President Tom Farley is among three suitors vying to buy the remnants of FTX, as the auction for the collapsed cryptocurrency exchange founded by Sam Bankman-Fried reaches its final stages. Bullish, the crypto exchange run by Farley, fintech startup Figure Technologies and crypto venture-capital firm Proof Group are competing to buy FTX, according to people familiar with the matter. The winner could restart the exchange after its planned exit from bankruptcy next year.
Persons: FTX, Nikolas Kokovlis, Tom Farley, Sam Bankman, Farley Organizations: Press, New York Stock Exchange, Technologies
Bain to Buy Guidehouse in $5 Billion Deal
  + stars: | 2023-11-06 | by ( Mark Maurer | Laura Cooper | ) www.wsj.com   time to read: 1 min
Bain Capital acquiring Guidehouse is the latest move by private-equity firms to scoop up professional-services providers. Photo: Nikolas Kokovlis/Zuma PressBain Capital said it would acquire Guidehouse, a consulting firm that advises government organizations and businesses, in a deal valuing it at $5.3 billion including debt. The firms announced the agreement on Monday. The move is the latest by private-equity firms to scoop up professional-services providers as consulting growth in certain areas slows. It is also a rare deal for an asset class that is struggling to find exits and to return capital to awaiting limited partners.
Persons: Nikolas Kokovlis, Zuma Press Bain Organizations: Bain Capital, Guidehouse, Zuma Press, Zuma Press Bain Capital
Bain Close to Buying Guidehouse in $5 Billion Deal
  + stars: | 2023-11-06 | by ( Mark Maurer | Laura Cooper | ) www.wsj.com   time to read: 1 min
Bain Capital acquiring Guidehouse is the latest move by private-equity firms to scoop up professional service providers. Photo: Nikolas Kokovlis/Zuma PressBain Capital is close to acquiring Guidehouse, a consulting firm that advises government organizations and businesses, in a deal valuing it at $5.3 billion including debt. An agreement could be announced as soon as Monday, according to people familiar with the situation, barring any last-minute delays.
Persons: Nikolas Kokovlis Organizations: Bain Capital, Guidehouse, Zuma Press Bain Capital
Reuters —Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft (already have intellectual property rights to the same letter. X is so widely used and cited in trademarks that it is a candidate for legal challenges - and the company formerly known as Twitter could face its own issues defending its X brand in the future. Microsoft since 2003 has owned an X trademark related to communications about its Xbox video-game system. Meta Platforms - whose Threads platform is a new Twitter rival - owns a federal trademark registered in 2019 covering a blue-and-white letter “X” for fields including software and social media. Meta and Microsoft likely would not sue unless they feel threatened that Twitter’s X encroaches on brand equity they built in the letter, Gerben said.
Persons: Reuters — Billionaire Elon, , , Josh Gerben, Nikolas Kokovlis, Gerben, Meta, Douglas Masters, Loeb, Ed Timberlake Organizations: Reuters — Billionaire, Twitter, Meta, Microsoft, Elon, Getty, Facebook Locations: Athens, Greece
Nikolas Kokovlis | Nurphoto | Getty ImagesVenture capitalists and technology executives are scrambling to make sense and account for the potential repercussions of the sudden implosion of Silicon Valley Bank on Friday. The Federal Deposit Insurance Corp. said Friday that U.S. federal regulators shut down Silicon Valley Bank , the premiere financial institution for Silicon Valley tech startups for the past 40 years. On Friday, Yang returned to the Silicon Valley Bank branch 15 minutes before it opened to remove the remaining money. One person showed a tweet on their phone suggesting that bank employees had been instructed not to come to work. Watch: CEO's react to the closure of Silicon Valley Bank
As if all that wasn't enough, Elon Musk reached a deal in April to buy Twitter for $44 billion. The deal hasn't closed yet, but Musk has shared some thoughts publicly — and privately to investors — that indicate what some of the company's direction and priorities would be under his ownership. Photo illustration by Nikolas Kokovlis/NurPhoto via Getty ImagesSource: Insider
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