Bolt was performing a tender offer at a $300 million valuation for its preferred shareholders which represents a 97% markdown in valuation.

Feb 19, 2024

• Bolt was performing a tender offer at a $300 million valuation for its preferred shareholders which represents a 97% markdown in valuation.

• Cohesity acquired Veritas’ data protection business in a deal that would value the combined business unit at $7 billion.

• Epic Games received a $1.5 billion investment from Disney.

The news articles and links presented below are available for your reference.

BOLT

“Bolt, Once Worth $11 Billion, Slashes Share Price 97% in Buyback”

COHESITY

“Cohesity and Veritas’ Data Protection Business to Combine, Forming a New Leader in AI-Powered Data Security and Management”

EPIC GAMES

“Disney to take $1.5 billion stake in Epic Games, work with Fortnite maker on new content”

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