A blank-check acquisition firm backed by veteran investor Bill Foley is nearing an agreement to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackstone Group Inc, public at a valuation of $7.3 billion including debt, peo…
  • Reuters
  • Jan 25, 2021

Foley-backed SPAC nears $7.3 billion deal with Blackstone's Alight: sources - Reuters

(Reuters) - A blank-check acquisition firm backed by veteran investor Bill Foley is nearing an agreement to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackst… [+2095 chars]

More In business

Warren Buffett's 'Tone Deaf' Annual Letter Skirts Controversies - NDTV
  • NDTV News
  • Mar 01, 2021

Warren Buffett's 15-page annual letter to shareholders on Saturday made mention of the pandemic that ravaged the globe in 2020 exactly once: One of his furniture companies had to close for a time because of the virus, the billionaire noted on page nine....