financetom
Business
financetom
/
Business
/
Citadel's Griffin says he would be open to selling minority stake in his hedge fund
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Citadel's Griffin says he would be open to selling minority stake in his hedge fund
Nov 21, 2024 10:33 AM

NEW YORK, Nov 21 (Reuters) - Citadel's founder Ken

Griffin said on Thursday that he would be open to selling a

small stake in his hedge fund at some point in the future.

At an event hosted by the Economic Club of New York, Griffin

said it made sense for him to sell a minority stake in his

market maker Citadel Securities to Sequoia and Paradigm in 2022,

in a deal that valued the firm at $22 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
HUB Cyber Security Cuts $5.7 Million Debt by 70%, Obtains $1 Million Additional Funding
HUB Cyber Security Cuts $5.7 Million Debt by 70%, Obtains $1 Million Additional Funding
Nov 29, 2024
09:48 AM EST, 11/29/2024 (MT Newswires) -- Hub Cyber Security ( HUBC ) said Friday it reached an agreement with AGP to decrease by 70% its $5.7 million convertible note obligations via an amicably negotiated settlement. The company also said it obtained an additional $1 million investment from an investor who had previously invested $10 million. Hub Cyber Security (...
Cannabis-Focused RIV Capital Reports 186% YoY Surge In Q3 Revenue Ahead Of Major Merger That Will Cover 25% Of US Population
Cannabis-Focused RIV Capital Reports 186% YoY Surge In Q3 Revenue Ahead Of Major Merger That Will Cover 25% Of US Population
Nov 29, 2024
RIV Capital Inc ( CNPOF ). (CSE:RIV) (OTC:CNPOF) reported on Friday its third quarter results for the three months ended Sept. 30, revealing a 28% sequential, and 186% year-over-year, increase in net revenue to $4.9 million. Out of that sum, retail revenue accounted for $3.4 million, up from $1.5 million in the third quarter, reflecting strong growth from adult-use dispensaries...
Millicom Plans to Consolidate Share Listing on Nasdaq US; Launching $150 Million Share Buyback Plan
Millicom Plans to Consolidate Share Listing on Nasdaq US; Launching $150 Million Share Buyback Plan
Nov 29, 2024
09:44 AM EST, 11/29/2024 (MT Newswires) -- Millicom International Cellular ( TIGO ) said Friday it plans to consolidate the listing of shares on Nasdaq US by applying to delist the company's Swedish depositary receipts from Nasdaq Stockholm. The company also said it is starting a share buyback program worth up to $150 million. Millicom's board also plans to restart...
XChange Regains Nasdaq Compliance Over Minimum Bid Price Requirement for Continued Listing
XChange Regains Nasdaq Compliance Over Minimum Bid Price Requirement for Continued Listing
Nov 29, 2024
09:43 AM EST, 11/29/2024 (MT Newswires) -- XChange (XHG) said Friday it regained compliance with Nasdaq's $1 minimum bid price requirement for continued listing on the exchange. The company's American depositary shares were up over 14% in recent trading. Price: 1.73, Change: +0.22, Percent Change: +14.57 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved