JB Hi-Fi returns $250M | Crown recommends $8.9B takeover | Binance invests $200M into Forbes after suing it
What the Flux · Flux
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Show Notes
JB Hi-Fi says it will return $250 million back to shareholders via an off-market buyback - after sales climbed 4.3% in Jan.
The Crown Resorts board has recommended that shareholders accept the company’s $8.9 billion takeover offer from US private equity firm Blackstone.
Giant crypto exchange Binance has invested US$200 million into business publication Forbes - just two years after suing it for defamation.
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