Blackstone is poised to become the majority owner of Jersey Mike’s through an acquisition that the investment firm announced on Tuesday. The investment firm, run by CEO Stephen Schwarzman, will hold a majority ownership stake in Jersey Mike’s through its “most recent flagship private equity vehicle and other funds it manages upon the expected completion

Investors are positioning themselves to benefit from a continued rally in the price of Bitcoin on the first day of options trading in the iShares Bitcoin Trust, the biggest exchange-traded fund focused on the cryptocurrency. Around midday on Tuesday, about 100,000 options on the ETF, which trades with the ticker IBIT, had changed hands. Calls,

Trump Media and Technology Group (TMTG) is reportedly in advanced talks to purchase cryptocurrency exchange Bakkt at a time digital assets are soaring since President-elect Trump — majority shareholder of the social media company — secured a second term in the White House. Citing two sources, the Financial Times reported Monday that TMTG, which operates

Blackstone announced Tuesday it will acquire sandwich chain Jersey Mike’s Subs. The asset management firm said the majority ownership stake will be purchased by its “most recent flagship private equity vehicle” and other funds it manages. Blackstone aims to complete the purchase early next year. Reuters reported that the deal values the company at around