Altria Buys a $1.8 Billion Stake in Cronos Group: 3 Things You Need to Know About the Monster Deal – Motley Fool

First, there were the early reports. Then there was the confirmation of discussions. Now the deal is done. Cronos Group (NASDAQ:CRON) announced on Friday that tobacco giant Altria (NYSE:MO) is buying a 45% stake in Cronos for around $1.8 billion (2.4 billion in Canadian dollars). It’s the second-biggest deal in the history of the cannabis…

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$1.5 billion Mega Millions jackpot still unclaimed—here’s what happens if no one comes forward by the deadline

In late October, Mega Millions announced that someone had won its $1.5 billion jackpot. But three weeks have passed and no one has come forward to claim the record-setting prize, reports ABC News. “Everyone’s talking about it,” said Jee Patel, the manager of the KC Mart in Simpsonville, South Carolina, where the ticket was purchased.…

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Crypto’s $600 Billion Crash Hits a New Low

The 2018 selloff in cryptocurrencies plumbed new depths on Wednesday after the U.S. Securities and Exchange Commission dented enthusiasts’ hopes for a VanEck exchange-traded fund backed by Bitcoin. A broad selloff in coins of all sizes reduced the market value of virtual currencies tracked by Coinmarketcap.com to about $230 billion, the lowest level since November.…

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There Is a $1 Billion Property for Sale Atop Beverly Hills

A storied and virtually undeveloped 157-acre plot of land overlooking Beverly Hills is officially coming to sale with a record-setting asking price of $1 billion. Offering sweeping, 360-degree views ranging from the San Gabriel Mountains to Malibu, the Pacific Ocean, and downtown Los Angeles, prospective buyers will gaze down on neighbors who include Seth MacFarlane, Sylvester…

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AT&T Wins Approval for $85.4 Billion Time Warner Deal in Defeat for Justice Dept.

WASHINGTON — A federal judge on Tuesday approved the blockbuster merger between AT&T and Time Warner, rebuffing the government’s effort to stop the $85.4 billion deal, in a decision that is expected to unleash a wave of corporate takeovers. The judge, Richard J. Leon of United States District Court in Washington, said the Justice Department…

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