Blackstone's EagleClaw Midstream sues Caprock over troubled deal

(Reuters) – Private-equity backed EagleClaw Midstream is suing the former owners of Caprock Midstream, alleging they failed to disclose tens of millions of dollars of liabilities during acquisition talks. EagleClaw in 2018 acquired natural gas pipeline operator Caprock Midstream Holdings from Energy Spectrum Capital and Caprock Midstream Management for $950 million. After the deal closed, EagleClaw discovered “numerous issues and […]

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Nurse struggling with COVID-19 trauma found dead in his car

A nurse on the front lines of the coronavirus pandemic was found dead in his car in late April after battling trauma related to his work. William Coddington, 32, became a nurse in 2018 and began seeing COVID-19 patients showing up in his West Palm Beach, Fla., intensive care unit in March. As someone recovering from an opioid addiction battle […]

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Nexi and SIA merger talks gain traction ahead of valuation review: sources

LONDON/MILAN (Reuters) – Italian payments firms Nexi (NEXII.MI) and SIA are exchanging confidential information as they explore a possible tie-up to create an Italian powerhouse in the sector, three sources familiar with the matter said. Discussions may accelerate in June when the companies will review SIA’s valuation ahead of a possible deal, one of the sources said. “This will be […]

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‘Scream’ painting fading due to viewers’ breath, says new study

One of the world’s most famous paintings, Edvard Munch’s The Scream, is becoming discoloured, and conservationists have finally figured out why. The 1910 masterpiece, currently housed at the Munch Museum in Oslo, seems to have dimmed over the years. A research study led by Italy’s National Research Council found, in a paper published in Science Advances on Friday, that human […]

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COMMENTARY: He’s serving 25 years for murder, and he’s become a math whiz behind bars

There are many examples of mathematical breakthroughs achieved in prison. Maybe the most famous is from the French mathematician Andre Weil, who came up with his hugely influential conjectures while in a military prison in Rouen, France. Another mathematical giant, Srinivasan Ramanujan, started off with no formal training in mathematics and produced most of his revolutionary results in complete isolation. […]

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Insurance comparison firm SelectQuote looks to raise $342 million in IPO

(Reuters) – SelectQuote Inc said on Friday it was looking to raise about $342 million in an initial public offering that could value the owner of the eponymous insurance policy comparison website at more than $3 billion. The company will offer about 18 million shares at between $17 and $19 per share, with selling stockholders offering another 7 million shares, […]

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