Greg Roumeliotis, Reuters Top News

Greg Roumeliotis

Reuters Top News

New York, NY, United States

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Past articles by Greg:

U.S. officials lead urgent rescue talks for First Republic

U.S. officials are coordinating urgent talks to rescue First Republic Bank as private-sector efforts led by the bank's advisers have yet to reach a deal, according to three sources familiar with the situation. → Read More

U.S. billionaire financier Thomas Lee dies at 78, family says

The New York Post, citing unidentified police sources, reported Lee was discovered dead at his Fifth Avenue Manhattan office, headquarters of his investment firm, from a self-inflicted gunshot wound. → Read More

Adani hires Grant Thornton for some independent audits after Hindenburg fallout -sources

India's Adani Group has appointed accountancy firm Grant Thornton for independent audits of some of its companies in a bid to discredit claims by short-seller Hindenburg Research that have battered its stocks and bonds, two people familiar with the matter said on Monday. → Read More

Rupert Murdoch scraps proposal to combine Fox, News Corp, eyes Move sale

Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp and Fox Corp as the company is also exploring a sale of Move Inc, which operates the Realtor.com website, to CoStar Group, according to a regulatory filing and sources familiar with the process. → Read More

Activist investor Bluebell targets BlackRock, seeks ouster of CEO Fink

Tiny activist investor Bluebell Capital Partners is taking aim at BlackRock and wants to replace longtime CEO Larry Fink, criticizing the world's largest asset manager as being inconsistent in its focus on environmental, social and corporate governance (ESG) issues. → Read More

Musk begins his Twitter ownership with firings, declares the 'bird is freed'

Elon Musk has taken ownership of Twitter Inc with brutal efficiency, firing top executives immediately but providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. → Read More

Cano Health exploring sale after receiving buyout interest

U.S. primary care provider Cano Health is exploring a sale and working with advisors after receiving acquisition interest, according to people familiar with the matter. → Read More

Analysis: Banks are Twitter-deal escape hatch that Musk would struggle with

The banks that agreed to finance Elon Musk's $44 billion Twitter acquisition have a financial incentive to help the world's richest person walk away but would face long legal odds. → Read More

EXCLUSIVE Spirit vote on Frontier deal to proceed; vote set to fail, sources say

Spirit Airlines Inc will go ahead with a vote on its sale to Frontier Group Holdings Inc on Wednesday, with its shareholders expected to shoot it down, according to people familiar with the matter. → Read More

EXCLUSIVE CVC, Kronospan in joint bid for West Fraser Timber, sources say

Private equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint expression of interest to acquire Canadian lumber company West Fraser Timber Co , people familiar with the matter said on Tuesday. → Read More

Twitter vows legal fight after Musk pulls out of $44 billion deal

Elon Musk, the chief executive officer of Tesla and the world's richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. → Read More

EXCLUSIVE KKR to launch its two first ESG credit funds

Private equity firm KKR & Co Inc is preparing to launch its first two credit funds dedicated to investing based on environmental, social and corporate governance (ESG) principles later this year, according to an internal memo seen by Reuters. → Read More

Twitter plans to have shareholder vote by August on sale to Elon Musk

Twitter Inc anticipates a shareholder vote on its $44 billion sale to Elon Musk could come by early August, as it continues to work constructively to complete the deal with the world's richest person, the social media company's top executives told employees on Wednesday. → Read More

Exclusive: Musk's Twitter deal threats put new financing on ice -sources

Elon Musk's efforts to arrange new financing that will limit his cash contribution to his $44 billion acquisition of Twitter Inc have been put on hold because of the uncertainty surrounding the deal, people familiar with the matter said. → Read More

Frontier to offer $250 mln break-up fee in acquisition of Spirit Airlines

Frontier Group Holdings Inc has agreed to pay a break-up fee of $250 million in a bid to secure its acquisition of Spirit Airlines Inc , the companies said on Thursday. → Read More

Chipmaker Broadcom in talks to acquire VMware -sources

Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a deal which could transform the chipmaker into a diversified tech firm, people familiar with the matter said. → Read More

Broadcom in talks to acquire VMware -sources

Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc , people familiar with the matter told Reuters. → Read More

Analysis: Why Twitter has ignored Elon Musk's 'trolling'

A unilateral pronouncement that the acquisition of Twitter Inc is "on hold". Fierce criticism of the social media company's handling of spam accounts. A "poop emoji" directed at Twitter's chief executive, Parag Agrawal. → Read More

Crypto exchange FTX CEO reveals stake in trading app Robinhood

Samuel Bankman-Fried, the chief executive and founder of cryptocurrency exchange FTX, revealed a 7.6% stake in Robinhood Markets Inc on Thursday, capitalizing on the weakness of the shares of the trading app to build a position. → Read More

Crypto exchange FTX CEO reveals stake in trading app Robinhood

Samuel Bankman-Fried, the chief executive and founder of cryptocurrency exchange FTX, revealed a 7.6% stake in Robinhood Markets Inc on Thursday, capitalizing on the weakness of the shares of the trading app to build a position. → Read More