Musk's Twitter bid leans on financier linked to Russian tycoon
Vy Capital is a Dubai-based investment firm whose assets have surged to more than $5 billion under its secretive founder Alexander Tamas.
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Vy Capital is a Dubai-based investment firm whose assets have surged to more than $5 billion under its secretive founder Alexander Tamas.
Vy Capital has committed $700 million to finance Musk’s bid for the social network, making it the third-biggest outside equity investor.
Elon Musk's bid for Twitter, which has been upended by the billionaire's threat to walk away, attracted a bevy of big-name backers and Silicon Valley mainstays. There were some notable exceptions.
ComScore (NASDAQ:SCOR – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks.com reports. According to Zacks, “ComScore, Inc. is a global leader in measuring the digital world. This capability is based on a massive, global cross-section […]
Stock Analysts’ upgrades for Thursday, June 2nd: Agree Realty (NYSE:ADC) was upgraded by analysts at Bank of America Co. from a neutral rating to a buy rating. The firm currently has $78.00 price target on the stock, up from their previous price target of $76.00. Autodesk (NASDAQ:ADSK) was upgraded by analysts at StockNews.com from a […]