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Bloomberg Money Minute

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Bloomberg Money Minute

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16 segments

0:00

This is a Bloomberg money minute. Every day one of those Easyjet flights

0:03

in Europe. Well we'll see how long their prices

0:05

remain cheap. Easyjet has agreed to be acquired by US

0:09

private equity firm Castle Lake, in a deal that values the UK budget airline

0:13

at $6.7 billion. Its board of directors and Castle Lake

0:17

say they reached the agreement in principle after the carrier had

0:20

previously rejected four earlier bids from the firm.

0:23

Easyjet shares right now were up 9% elsewhere on Wall Street.

0:27

Everything is up. The Dow up just fractionally while the

0:30

S&P is up 7/10 of a percent. The Nasdaq is up 1%.

0:34

Texas Attorney General Ken Paxton has opened an investigation into StubHub,

0:38

following reports that some fans who bought World Cup tickets through the

0:42

resale platform had their orders cancelled just before kickoff.

0:46

The company has blamed ghost ticketing problems on issues connected to FIFA's

0:50

own ticketing platform. Soccer fans say they were stranded

0:54

outside stadiums with no tickets. Matt Piper, Bloomberg Radio.

Interactive Summary

Este reporte de Bloomberg Money Minute cubre la adquisición de la aerolínea Easyjet por parte de Castle Lake por 6.7 mil millones de dólares, el desempeño actual de los mercados bursátiles y la investigación iniciada por el Fiscal General de Texas hacia StubHub debido a problemas con la cancelación de entradas para el Mundial de fútbol.

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