Finance

MSG Entertainment, BowX Acquisition, Root Inc. & more

0


Take a look at some of the biggest movers in the premarket:

BowX Acquisition (BOWX) – The special purpose acquisition company will take office-sharing company WeWork public in a deal worth $9 billion, including debt. Starwood Capital, Fidelity Management and others are involved in the deal as so-called “PIPE” investors. BowX rose 3.6% in the premarket.

Ford Motor (F) – The automaker will idle production of its popular F-150 pickup truck through the weekend at a Michigan plant, due to the global semiconductor shortage.

MSG Entertainment (MSGE) –The owner of Madison Square Garden and other venues is buying MSG Networks (MSGN) in a stock-swap deal valued at more than $900 million. MSG…



Source cnbc.com

0 0 votes
Article Rating

Chip shortage has Detroit automakers struggling to maintain truck production

Previous article

Wales crowned Six Nations champions as Scotland stun France

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Finance