Wednesday, March 4, 2026 at 7:32 AM
Pinterest will use the injection to help fund a $3.5 billion share-buyback program.
Activist Elliott Invests $1 Billion in Pinterest(current)
The U.S. activist investor’s decision paves the way for the Japanese forklift maker to be taken private.
Plus, Paramount’s sweetened offer and private equity’s correction.
Victory Capital said it submitted a bid to acquire Janus Henderson that it says is higher than the $7.4 billion offered in December by Nelson Peltz’s Trian Fund Management and venture firm General Catalyst.
Investors are increasingly wary of the rare-disease space, spooked by a regulatory shift.