Singapore Blank-Check Firm Vertex Proposes Merger With 17Live

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Singapore-listed blank-check company Vertex Technology Acquisition Corp. has proposed a merger with Taiwanese live streaming platform 17Live Inc., in what would be the first such deal in the city state.

Vertex will acquire the 17Live for S$925.1 million , the so-called special purpose acquisition company said in a statement Monday. Bloomberg News earlier reported on the deal, citing people familiar with the matter.Canada economic growth misses expectations, backing rate pause

The Canadian economy rebounded slightly last month but still saw little growth, backing a case for the central bank to keep rates on hold despite inflation remaining elevated.More landlords converting units into short-term rentals Some Ontario landlords are looking to change their long-term rental units into short-term leases where they stand to make more profit and face fewer challenges with the province’s backlogged tribunal, according to two landlords with groups representing rental operators.

 

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