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date
11/03/2026
According to sources familiar with the matter, John Hegeman and Sequoia Capital partner Ravi Gupta are seeking at least $1 billion in funding for their new company Ithaca Holdings. Ithaca Holdings will be a holding company that will attempt to acquire at least one public company or a private company. John Hegeman previously worked at Meta Platforms for a long time, serving as its Chief Revenue Officer.
Latest
2 m ago
Japanese display company's stock price has risen by 32%; it had already increased by 58% on Tuesday.
2 m ago
Insiders say that Starboard has nominated two people to join the CarMax board of directors.
4 m ago
New York gold futures broke through $5220 per ounce, falling 0.41% within the day.
5 m ago
Honeywell announces pricing of senior notes related to the planned spin-off of Honeywell Aerospace division.
6 m ago
Rights-protecting investor Starboard has acquired $350 million worth of shares in CarMax, the largest used car retailer in the United States. Starboard believes that under the leadership of incoming CEO Keith Barr, this used car retailer has the potential to accelerate its transformation. Starboard hopes to use its investment experience in the automotive trading market to improve CarMax's performance. Starboard believes that CarMax can enhance its performance by improving customer experience and reducing management and operational expenses by over $300 million.
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