Online Brokerage TradeZero Said in Merger Talks with Dune SPAC

TradeZero Holding, an online brokerage that provides free and subscription-based software for stock trading, is in talks to merge with Dune Acquisition, Bloomberg reports, citing people with knowledge of the matter.

Terms are in flux, but if a transaction is finalized, it may be announced in coming weeks, the people added. It’s still possible talks could fall apart. Read more.

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Babylon Going Private via MindMaze Deal

Babylon, founded by its CEO Ali Parsa, was said last summer to be holding preliminary discussions with some investors about how to address a crumbling share price that’s wiped almost $4 billion off its value since its October 2021 listing in New York. Babylon at the time dismissed those claims as "market gossip."