The co-chair of an influential Capitol Hill commission on China believes the US should block the controversial acquisition of MoneyGram by Jack Ma’s Ant Financial. Rep. Chris Smith (R-NJ), the co-chair of the Congressional-Executive Commission on China, thinks Washington should not allow Ant Financial to gain control over MoneyGram and its 30,000 US locations because...
NYS Entity Status
NYS Filing Date
MAY 01, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - GRAM MREG INVESTORS LLC
Around the Web
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By Josh Kosman - Friday Jul 21, 2017
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By Josh Kosman - Thursday Sep 14, 2017
Jack Ma may turn out to be the most high-profile victim of the Equifax cyber-attack. A multi-agency presidential advisory panel weighing the approval of the $1.2 billion purchase of MoneyGram by the Chinese billionaire’s Ant Financial has recently started to consider the possibility of data theft by foreign countries as part of the review process,...
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By Carleton English - Monday Jun 26, 2017
Dan Loeb just placed his biggest bet ever on a chocolate company. The activist investor’s hedge fund Third Point LLC amassed a $3.5 billion stake in Nestle, the world’s largest packaged foods company, representing roughly 1.25 percent of the Swiss-based company’s shares. Loeb is hoping to reinvigorate the brand amid changing food tastes as well...
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By Bob Fredericks - Wednesday Sep 13, 2017
Citing national security concerns, President Trump on Wednesday blocked a Chinese-backed investor from buying Lattice Semiconductor Corp. — only the fourth time a president has stopped a foreign takeover in 27 years. The would-be buyer, Canyon Bridge Capital Partners LLC, is a private-equity firm backed by a Chinese state-owned asset manager, Bloomberg reported. “Consistent with...