Univision scraps IPO, leaving billionaires without exit plan

Univision scraps IPO, leaving billionaires without exit plan

Univision considered and rejected a $13 billion plus merger offer from Discovery Communications Inc. last year. Photo: iStockphoto New York: Univision Holdings Inc. scrapped plans for an initial public offering (IPO), leaving the company’s billionaire backers without an exit strategy 11...
read more
Chinese Billionaire’s Son Purchases Eight iPhone 7 Smartphones for His Dog

Chinese Billionaire’s Son Purchases Eight iPhone 7 Smartphones for His Dog

  In today’s weird news, a Chinese billionaire’s son purchased eight iPhone 7 smartphones. But that’s not the weird part. The iPhone 7 smartphones were purchased for the son’s dog. You may need a moment to digest what you just...
read more