International Paper Agrees to Buy DS Smith for $7.2 Billion
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It plans to sell 6.6 million shares of its class A common stock at $88 apiece, exceeding its earlier price range of $76-$84 apiece, Ibotta added. Increased buzz around artificial intelligence and hopes of a rebound in the U.S. IPO market from a two-year slump, buoyed by a possible soft landing for the economy have encouraged more tech companies to test the IPO waters. Ibotta, founded in 2011, provides a platform for brands to deliver promotions to customers and offer cash back rewards on their...
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Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation
Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Other existing investors Thrive Capital, General Catalyst, Sands Capital, […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Timeline: 40 years, 7 presidents, $2 billion; I-73 in South Carolina brings complicated history
HORRY COUNTY, S.C. (WBTW) -- Over its nearly 40-year history, the planned construction of Interstate 73 has taken on near mythical status -- spanning seven presidential administrations, countless studies and passionate arguments on both sides. If it ever gets built, the roughly 80-mile, $2 billion highway would be South Carolina's sixth interstate, linking the state's []