T-Mobile, Sprint Finally Announce Plans to Merge, Birchbox Finds a Buyer in its Hedge Fund Investor

  • MEGA MERGER: Sprint and T-Mobile have finally come to a merger agreement,The New York Times reported this week. The deal is still subject to Federal Trade Commission approval, which industry experts believe is unlikely as the deal currently stands. 
  • #METOO NEWS: Lauren Bonner, the Point72 employee who is suing her company for gender discrimination, is still showing up to work, according to The New Yorker
  • HEDGING ITS BET: Birchbox's venture capitalist investors were bought out this week by hedge fund Viking Global Investors, according to ReCode
  • SOUNDS DANGEROUS: One of the world's largest asset managers, Blackstone Group, is pushing into the subprime auto loan market, according to Financial Times
  • TALK ABOUT IT: The majority of women would rather talk about death than money, according to Marketwatch
  • SALE FAIL: The sale of Anthony Scaramucci's hedge fund, Skybridge, to HNA Capital Holding, a Chinese investment company, has fallen through, Institutional Investor reports. 
  • READING WAGE GAP: Books written by women are priced 45 percent lower than those written by men, a study revealed this week, according to The Guardian

- Alicia McElhaney / She Spends Issue #55

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