Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Two SolarCity Corp (NASDAQ: SCTY) board members, Peter Rive and JB Straubel, have recused themselves from involvement in discussions regarding Tesla Motors Inc's (NASDAQ: TSLA) offer to acquire the solar company, according to a report from Reuters on Saturday. Rive is the cousin of Tesla CEO Musk, while Straubel, Solar City's chief technology officer, was a co-founder of Tesla.Musk, Antonio Gracias, a member of both the Tesla and Solar City boards and Solar City CEO Lyndon Rive, previously recused themselves from the voting process. John Fisher, Nancy Pfund and Donald Kendall Jr., are the three remaining Solar City board members who are able to vote. Solar City closed Friday at $22.20, up 1%.
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Skullcandy, Inc. (NASDAQ: SKUL) and Incipio LLC, announced Friday that they have entered into a definitive merger agreement pursuant under which Incipio has agreed to acquire Skullcandyfor $5.75 per share in cash, for a total of approximately $177 million. The transaction is expected to close in Q3 of 2016. Skullcandy closed Friday at $5.76 up 23.08%.Platinum Equity Increases Electro Rent Offer to $15.50/ShareThe Deal:
Platinum Equity and Electro Rent Corporation (Nasdaq: ELRC) announced Friday, that Platinum Equity' raised the purchase price for the previously announced acquisition of Electro Rent by 18% to $15.50 per share in cash. The purchase price was raised following Electro Rent's receipt of an unsolicited third party bid.Electro Rent closed at $15.46 on Friday, up 18.65%.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.