J&J holders will receive 8 Kenvue shares for every J&J share in the exchange offer

J&J holders will receive 8 Kenvue shares for every J&J share in the exchange offer

font size J&J took consumer health company Kenvue public in May. Mark Ralston/AFP via Getty Images Johnson & Johnson Just over eight shares will be issued Kinfu Each of its shares in what is likely to be a stock offering is oversubscribed totaling about $40 billion. The pricing period for the exchange offer runs from … Read more

Bitcoin drops below $29,000 on interest rate concerns. How far can you fall?

Bitcoin drops below $29,000 on interest rate concerns.  How far can you fall?

font size Bitcoin, after weeks of inaction, is finally moving. Router Vicer / Dreamtime bitcoin Cryptocurrencies and other cryptocurrencies were falling on Thursday, finally making significant moves after weeks of inaction as traders sold the digital asset on expectations that interest rates will remain higher for longer than previously thought. Bitcoin price fell by 2% … Read more

J&J’s Kenvo deal may be very popular. What happens if it is.

J&J's Kenvo deal may be very popular.  What happens if it is.

font size Johnson & Johnson took consumer health company Kenvue public in May. Mark Ralston / Getty Images Johnson and Johnson ‘s $40 billion stock exchange offer Kinfu It is likely to generate strong interest from the healthcare company’s shareholders, resulting in participants being able to swap only a portion of their J&J stock. Johnson … Read more