private companies

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This Is the Most Valuable Private Company on Earth

ByteDance, parent firm of TikTok, comes in at No. 1 on Visual Capitalist's list

(Newser) - Ah, to be a unicorn—not the one-horned creature of fable, but the enviable position of being a privately held company worth more than $1 billion. Visual Capitalist wanted to see which firms topped the charts globally, so it looked at data from Bloomberg, CB Insights, and the "Carbon...

Dell Poised to Go Private in $23B Move
 Dell Going 
 Private in 
 $24B Move 
UPDATED
Feb 5, 2013 8:50 AM CST

Dell Going Private in $24B Move

Founder looks to overhaul 30-year-old firm

(Newser) - Dell has reached a deal to go private, the company has announced. Shareholders will receive some $13.65 per share in a $24 billion deal, the New York Times reports, which marks a 25% premium over Dell's January share price. The privatization deal with Microsoft and private equity company...

Hefner Sparks Bidding War for Playboy

Founder wants to take media company private

(Newser) - Founder Hugh Hefner wants to take Playboy private, and he mounted a bid today that values the struggling company at $185 million, Bloomberg reports . Playboy Enterprises stock closed up almost 41% and attracted interest from another party—but who would want a conglomerate that's lost $20 million in just 2...

Tech Employees Want to Cash in Early

(Newser) - Facebook’s recent deal to let employees sell some of their stock to private investors has sent Silicon Valley scrambling, as workers at other start-ups ask for similar deals, the Wall Street Journal reports. Start-ups rely on the promise of future stock sales to lure and retain talent, but with...

Times Co. Won't Go Private, Sulzberger Says

'We unequivocally believe in our future' despite revenue falloff

(Newser) - The New York Times Company does not intend to take itself or its flagship newspaper private, the Wall Street Journal reports. Chairman Arthur Sulzberger Jr. also told a shareholder meeting today that Carlos Slim, the Mexican billionaire who recently bought a large stake in the company, had no interest in...

Auction-Rate Troubles Hit Silicon Valley Startups

Private companies hurting for cash

(Newser) - A freeze in the market for a type of securities known as auction-rate securities may cause big cash-flow problems for many Silicon Valley startups. A number of private companies have large chunks of cash tied up in the securities, reports the Wall Street Journal. Now, buyers have dried up and...

6 Stories