
Millennium in Talks With Goldman's Petershill About Stake Sale
Izzy Englander's Millennium Management is in talks with Goldman Sachs Group Inc. 's Petershill unit about helping find buyers to take a minority stake in the hedge fund, according to a person familiar with the matter.
Candidates could include some of Millennium's largest investors, the person said, asking not to be identified because the discussions are confidential. Petershill specializes in buying stakes in alternative-asset managers. Representatives for both firms declined to comment.
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New York Times
31 minutes ago
- New York Times
Watch Messi for cheap at Club World Cup? FIFA offering discounted tickets to some students
FIFA's latest attempts to fill Hard Rock Stadium for the Club World Cup opening match between Inter Miami and Egyptian team Al-Ahly involve offering students at an affiliated local college a single ticket for $20 — but with the promise of up to four complimentary tickets. The Athletic last week revealed the launch game, which takes place on Saturday night, still had tens of thousands of tickets unsold for a match likely to star Lionel Messi for MLS side Inter Miami. Hard Rock Stadium has a capacity of 65,326. FIFA denied that fewer than 20,000 tickets had been sold for the match — insisting the number was 'much higher' — but they did not specify the number. Advertisement Now, however, email promotions have been sent out to those connected to Miami Dade College, which announced a collaboration with FIFA in April 2024. This involves students being given the chance to intern at FIFA's Miami office, while FIFA's museum loans exhibits to the college. Miami Dade College has more than 100,000 students currently enrolled, according to the announcement made by FIFA of the partnership one year ago. An email promotion sent out says that FIFA, in collaboration with Miami Dade College, is 'providing up to four complimentary tickets to the opening match of the FIFA Club World Cup with the purchase of one ticket at the reduced student price of $20.' Those who respond are asked to submit their Miami Dade College email when using their purchase. If they secure the five tickets, then they are essentially able to watch Messi for just $4 a seat, which is a bargain for the local community but a long way away from FIFA's original expectations when pitching this tournament as the most coveted trophy in world club football. As reported previously by The Athletic, FIFA has sold general sale tickets for the revamped 32-team Club World Cup under a dynamic pricing model, a system whereby prices fluctuate based on demand, and the slumping prices for certain games are indicative of FIFA's struggles to sell out stadiums. As of last Tuesday, Inter Miami's game against Al-Ahly had dropped to $55, according to prices on Ticketmaster, the portal FIFA is using to sell tickets for the tournament. This was half of what they were available for in May, while tickets were $230 for the cheapest seat in January and $349 after the draw in December. FIFA is now hoping that the reduced prices will draw people in during a publicity blitz in the final week before the tournament. Despite the $20 offer for the affiliated college, the cheapest seat available on Ticketmaster tonight was $69.15 for an 'obstructed view.' It is not known how many tickets have now been sold for the game, but it is clear that FIFA is now taking every possible step to avoid any perception on Saturday night that the tournament is not in demand. Advertisement FIFA sources, speaking anonymously as they were not authorized to talk publicly on the matter, said that the organization has a strong relationship with the college and see it as a positive to extend the offer to their students to see world-class soccer on their doorstep.
Yahoo
36 minutes ago
- Yahoo
Salesforce blocks AI rivals from using Slack data, the Information reports
(Reuters) -Salesforce owned Slack recently blocked other software firms from searching or storing Slack messages even if their customers permit them to do so, the Information reported on Tuesday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
36 minutes ago
- Yahoo
Longtime Wichita business to be auctioned, and it's harder than it looks
The first of a couple of auctions at the former Barney's Discount Drug store near Central and Zoo Boulevard will begin at 9 a.m. on Wednesday. It's new territory for Scott Riffel and his family, who have had the business for four decades. Ask him how he's doing these days, and Riffel might stutter a reply. 'I'm OK . . . I think.' Riffel said he hesitates to compare it to a death, but 'it's very draining to go through.' He and his family decided to close the store because the pharmacy within it was closing. The Riffels owned that business with George Saghbene. Changes in the way prescriptions are reimbursed forced the closure, and without the pharmacy, Riffel said Barney's could not survive. A lot of over-the-counter medications will be part of the first auction as will various medical, home health and personal supplies along with a variety of other items, such as greeting cards and light bulbs. 'Mostly for this first one, it's leftover merchandise,' Riffel said. 'Just a little bit of everything we were unable to sell in the liquidation sale.' There also will be items such as open and closed signs, 'things that we found that we still had after 40 years of hoarding things in the warehouse.' Bud Palmer Auction is handling the auction and will sell a lot of the items in lots instead of individually. 'They've been impressive,' Riffel said. 'I mean, Bud knows what he's doing.' A second auction, at 9 a.m. on June 25, will be to sell fixtures in the store. Riffel said he's already learned a lot from Palmer that he wishes he'd learned earlier in business. Not that he recommends anyone go through this. After reading about so many businesses closing or being forced to close through the years and having their merchandise auctioned, Riffel said, 'I see it through a different light now.' He said he feels a lot more compassion for those businesses these days. 'When I read these in the future, I will think and pray for them more than cruising through the article.' Among the mixture of feelings he's experiencing, Riffel said gratitude — for his employees and customers, whom he's already missing — is a big one. 'I'm really grateful that Wichita gave us such a nice run.'