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Tokyo coronavirus cases hit record 949: media – TheChronicleHerald.ca

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TOKYO (Reuters) – Coronavirus infections in Tokyo hit a record daily high of 949 cases on Saturday, local media reported, as Japan heads into the New Year holiday period, which in normal years sees citizens of the capital stream into the provinces.

Serious cases were unchanged from a day earlier at 81, the reports said.

Local media reported subdued scenes at Tokyo transport hubs a day after Prime Minister Yoshihide Suga, under pressure as daily cases continue to climb, urged the nation to stay home and avoid social mixing.

(Reporting by Sam Nussey)

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'Better meet the needs of our clients': Dufferin Media acquires Rood's Media, expands services – Orangeville Banner

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‘Better meet the needs of our clients’: Dufferin Media acquires Rood’s Media, expands services  Orangeville Banner



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Liberty Media-backed SPAC prices IPO at $10 apiece to raise $500 mln – Financial Post

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Liberty Media Acquisition Corporation (LMAC), a blank-check company backed by Formula One-owner Liberty Media Corp, said on Thursday it priced its initial public offering (IPO) at $10 a share to raise $500 million.

The special acquisition purpose company (SPAC), which is due to begin trading on the Nasdaq on Friday under the symbol “LMACU,” sold 50 million shares in its U.S. IPO.

SPAC – shell companies that raise money in an IPO to buy another company – was looking for a target in the media, music, entertainment, communications and technology industries.

Several high-profile investors such as Bill Ackman and Michael Klein raised billions through their SPACs last year.

LMAC’s management team will be led by Liberty Media Corp Chief Executive Officer Greg Maffei.

Citigroup, Morgan Stanley, Credit Suisse and Goldman Sachs & Co. LLC acted as joint book-running managers for the IPO. (Reporting by Shreyasee Raj in Bengaluru, Editing by Sherry Jacob-Phillips)

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Liberty Media-backed SPAC prices IPO at $10 apiece to raise $500 mln – Financial Post

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Article content

Liberty Media Acquisition Corporation (LMAC), a blank-check company backed by Formula One-owner Liberty Media Corp, said on Thursday it priced its initial public offering (IPO) at $10 a share to raise $500 million.

The special acquisition purpose company (SPAC), which is due to begin trading on the Nasdaq on Friday under the symbol “LMACU,” sold 50 million shares in its U.S. IPO.

SPAC – shell companies that raise money in an IPO to buy another company – was looking for a target in the media, music, entertainment, communications and technology industries.

Several high-profile investors such as Bill Ackman and Michael Klein raised billions through their SPACs last year.

LMAC’s management team will be led by Liberty Media Corp Chief Executive Officer Greg Maffei.

Citigroup, Morgan Stanley, Credit Suisse and Goldman Sachs & Co. LLC acted as joint book-running managers for the IPO. (Reporting by Shreyasee Raj in Bengaluru, Editing by Sherry Jacob-Phillips)

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