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Published 2 years ago

Crypto exchange FTX is looking into acquiring Robinhood: Report

Summary by Ground News
FTX says it is not in talks to acquire Robinhood Markets Inc. Bloomberg News reported on Monday FTX was discussing internally how to buy the app-based brokerage. Robinhood's dual-class shares give its founders control of 64% of the voting shares outstanding, making it virtually impossible for takeovers without their support.

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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Center
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