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Top related persons:
Blackstone - 1 Christy Santhosh - 1 Arun Koyyur - 1 Locker - 1 CrowdStrike - 1 General Motors - 1 Vestis - 1 Phillips - 1
Top related locs:
Bengaluru
Top related orgs:
Rover - 2 Rover Group - 1 Thomson - 1 Blackstone - 1 Fluence Energy - 1 Revenue - 1 LSEG - 1 General - 1

Search resuls for: "Rover Group"


2 mentions found


☆ Rover shares jump on $2.3 bln go-private deal with Blackstone
  + stars: | 2023-11-29 | by ( ) www.reuters.com   time to read: 1 min
Nov 29 (Reuters) - Rover Group shares (ROVR.O) surged 28% in early trading on Wednesday after the pet care company said investment firm Blackstone (BX.N) will take it private in $2.3 billion all-cash deal. The company's shareholders will receive $11 per share at a premium of 29.4% from the last close price. Rover is an online marketplace where pet care providers offer services such as dog walking and in-home pet sitting. The company said the transaction is expected to close in the first quarter of 2024. Reporting by Christy Santhosh in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
Persons: Blackstone, Christy Santhosh, Arun Koyyur Organizations: Rover Group, Rover, Thomson Locations: Bengaluru
☆ Stocks making the biggest moves midday: Foot Locker, General Motors, Phillips 66 and more
  + stars: | 2023-11-29 | by ( Sarah Min | ) www.cnbc.com   time to read: +4 min
Late Tuesday, the company reported fourth-quarter earnings of 2 cents per share, topping the FactSet consensus estimate of a loss of 7 cents per share. Foot Locker — The footwear retailer gained 17% after Foot Locker topped analysts' expectations in its third quarter. The company also issued third-quarter earnings guidance and a full-year forecast that came ahead of what the Street anticipated. Workday — The enterprise cloud stock popped 12% after Workday reported third-quarter results that exceeded expectations. Phillips 66 — Phillips 66 gained 3.6% after Elliott Investment Management on Wednesday said it took a $1 billion stake in the company.
Persons: Locker, CrowdStrike, General Motors, Vestis, Phillips, — Phillips, CNBC's David Faber, Jabil, Hormel, LSEG, —, Alex Harring, Darla Mercado Organizations: Rover, Blackstone, Fluence Energy, Revenue, LSEG, General, GM, United Auto Workers, Hewlett Packard Enterprise, Elliott Investment Management, Petco, Wellness, Hormel
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