The planned exit comes as OfBusiness gears up for a $1 billion IPO, with the company aiming for a valuation of $6–$9 billion.

According to the statement, the transaction will be primarily in cash, along with certain non-cash consideration.

Wall Street was on track for its best week since the election last year, with all U.S. market averages extending gains on ...

OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk ...

Mark Wiedman, BlackRock’s top client-facing executive and a possible successor to CEO Larry Fink, said Wednesday he would ...

Sheer size doesn't guarantee future growth, though. Indeed, the bigger the organization gets, the more difficult it can be to ...