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Databricks, Inc. is a global data, analytics, and artificial intelligence (AI) company founded by the original creators of Apache Spark. [ 3 ] The company provides a cloud-based platform to help enterprises build, scale, and govern data and AI, including generative AI and other machine learning models.
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In 1999, Microsoft reportedly discussed a buyout of Nintendo. However, execs failed to negotiate a deal, with Xbox co-inventor Kevin Bachus explaining "They just laughed their asses off." [6] [7] [8] Microsoft acquired Seattle-based Visio Corporation on January 7, 2000, for $1.375 billion (~$2.31 billion in 2023).
Buy–sell agreement can be in the form of a cross-purchase plan or a repurchase (entity or stock-redemption) plan. For greater neutrality and effectiveness of the buy–sell arrangement, the service of a corporate trustee is recommended. Profit or loss from a buy-sell agreement may trigger tax conquencess and taxable income. [2]
An asset purchase agreement (APA) is an agreement between a buyer and a seller that finalizes terms and conditions related to the purchase and sale of a company's assets. [1] [2] It is important to note in an APA transaction, it is not necessary for the buyer to purchase all of the assets of the company. In fact, it is common for a buyer to ...
Carlyle Group Inc. co-founder David Rubenstein has reached an agreement to buy the Baltimore Orioles for $1.725 billion, according to a person with knowledge of the deal. Rubenstein, a Baltimore ...
The 35-year-old infielder signed a two-year, $34 million contract with the Yankees in 2022, with a $17 million option for 2025 or a $6 million buyout. With the team declining the option, Rizzo is ...
It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s)' shares; the other shareholder(s) must then either accept the offer or buy the offering ...