Dealmaking on a hot streak — Fintech-as-a-service — DoorDash's IPO paperwork looks off
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Dan DeFrancesco
Dec 3, 2020, 17:24 IST
Traders and company executives gather for the Uber Technologies Inc. IPO on the trading floor of the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019.Brendan McDermid/Reuters
Almost the weekend!
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The timeline for a coronavirus vaccine is speeding up considerably, with a new outline for the US government's Operation Warp Speed released on Wednesday.
Meanwhile, financial dealmaking remains at a fever pitch. Macquarie Group's asset management arm announced plans to acquire Waddell & Reed Financial for $1.7 billion.
JPMorgan Asset Management also made a move, announcing a deal for 55ip, a financial tech company that works with advisors on strategies around handling taxes, for an undisclosed amount.
Nasdaq made some noise on Tuesday when it announced plans to ask the SEC for permission to implement a new rule requiring companies listed on its main exchange to have at least one woman board member and another from an underrepresented group.
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