AR Capital Acquisition Corp. stock price

AR Capital Acquisition Corp. latest news:


  • 10/22/2017 16:52:27

    Cisco reportedly close to acquiring Broadsoft

    Cisco Systems Inc. is nearing a deal to acquire telecommunications-focused software company Broadsoft Inc. , according to a Sunday report. Bloomberg News reported, based on anonymous sources, that a deal could be announced as early as Monday. Bloomberg did not report a projected price tag; Broadsoft ended Friday trading with a market capitalization of $1.67 billion, according to FactSet. Cisco has been acquiring software companies in hopes of boosting subscription-based revenues as growth in its core networking revenue has slowed. The company acquired startup Appdynamics earlier this year for $3.7 billion, and said Thursday's announced deal for Perspica was the 200th acquisition in the history of the acquisitive company. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/14/2017 00:21:59

    UPDATE 6-Trump bars Chinese-backed firm from buying U.S. chipmaker Lattice

    Sept 13 (Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications. Canyon Bridge Capital Partners' planned $1.3 billion acquisition of Lattice Semiconductor Corp was one of the largest attempted by a Chinese-backed firm in the U.S. microchip sector and was the first announced deal fo

  • 09/13/2017 14:40:26

    UPDATE 2-Trump bars Chinese firm from buying U.S. chipmaker Lattice

    Sept 13 (Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S. chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose deals that involve technologies with potential military applications. Canyon Bridge Capital Partners’ planned $1.3-billion acquisition of Lattice Semiconductor Corp was one of the largest attempted by a Chinese-backed firm in the U.S. chip sector and was the first announced deal for the Palo Alto-base

  • 08/17/2017 15:11:49

    Blackstone to acquire Harvest Fund Advisors

    Blackstone Group LP said late Thursday it agreed to acquire Harvest Fund Advisors LLC for an undisclosed sum. Harvest Fund, which manages more than $10 billion in assets, invests capital from institutional investors into separately managed accounts or pooled vehicles, Blackstone said. Blackstone said it expects the acquisition to close in the fourth quarter. Blackstone shares were unchanged at $31.60 after hours.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/10/2017 14:26:38

    Early Uber investor sues former CEO Travis Kalanick, who says suit is 'riddled with lies'

    Benchmark Capital Partners, an investor in Uber Technologies Inc., has sued Uber's former chief executive Travis Kalanick for breach of duty. The complaint, which was filed Thursday in the Delaware Chancery Court, centers on the fact that Kalanick was able to name three new voting directors to Uber's board in 2016, expanding the number of voting directors from eight to 11. Kalanick took one of those seats after his resignation, but the other two have yet to be filled. When approving the expanded number of seats, Benchmark said Kalanick concealed "gross mismanagement," including company harassment issues as well as the acquisition of self-driving truck startup, Otto, which is now at the center of a lawsuit with Alphabet Inc. . Benchmark said it would not have approved the three seats, had it known about these issues, and that Kalanick used the seats to gain power knowing that he could be removed. Kalanick recently resigned from Uber, but has reportedly been trying to come back to the company. "Kalanick's overarching objective is to pack Uber's board with loyal allies in an effort to insulate his prior conduct from scrutiny and clear the path for his eventual return as CEO," the complaint says. Benchmark is asking for an invalidation of that stockholder vote, which would get rid of those three seats and also remove Kalanick from the board. Before that, it is asking the court for preliminary injunction against Kalanick participating, voting or having a say in board matters. A spokesperson for Travis Kalanick said the claims were baseless and Kalanick will continue to act in the interests of Uber and its stakeholders. "The lawsuit is completely without merit and riddled with lies and false allegations," the spokesperson said in an emailed statement to MarketWatch. "Benchmark's lawsuit is a transparent attempt to deprive Travis Kalanick of his rights as a founder and shareholder and to silence his voice regarding the management of the company he helped create."Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/10/2017 13:47:10

    Early Uber investor sues former CEO Travis Kalanick

    Benchmark Capital Partners, an investor in Uber Technologies Inc., has sued Uber's former chief executive Travis Kalanick for breach of duty. The complaint, which was filed Thursday in the Delaware Chancery Court, centers on the fact that Kalanick was able to name three new voting directors to Uber's board in 2016, expanding the number of voting directors from eight to 11. Kalanick took one of those seats after his resignation, but the other two have yet to be filled. When approving the expanded number of seats, Benchmark said Kalanick concealed "gross mismanagement," including company harassment issues as well as the acquisition of self-driving truck startup, Otto, which is now at the center of a lawsuit with Alphabet Inc. . Benchmark said it would not have approved the three seats, had it known about these issues, and that Kalanick used the seats to gain power knowing that he could be removed. Kalanick recently resigned from Uber, but has reportedly been trying to come back to the company. "Kalanick's overarching objective is to pack Uber's board with loyal allies in an effort to insulate his prior conduct from scrutiny and clear the path for his eventual return as CEO," the complaint says. Benchmark is asking for an invalidation of that stockholder vote, which would get rid of those three seats and also remove Kalanick from the board. Before that, it is asking the court for preliminary injunction against Kalanick participating, voting or having a say in board matters.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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