Airbnb spurns approach from Ackman’s blank-check company

Billionaire investor William Ackman has approached short-term home rental company Airbnb Inc about going public through a reverse merger with his blank-check company, according to people familiar with the matter. The discussions are currently not moving ahead and Airbnb is prioritizing going public through a traditional initial public offering this year in what would be […]

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Aspiring TikTok buyers pursue four options in effort to revive talks

TikTok’s prospective buyers are discussing four ways to structure an acquisition from its Chinese owner ByteDance, which include buying the app’s U.S. operations without key software, after Beijing stalled a deal which could be worth $30 billion, sources said. Other options being considered include asking for Chinese approval to pass TikTok’s algorithm on to the […]

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