Hints and tips:
...Disney has also hired JPMorgan as an adviser in negotiations to buy the remaining stake of streaming service Hulu from rival Comcast....
...After years of speculation, Disney on Wednesday made it official: it plans to buy the remaining third of Hulu that it does not own from rival Comcast....
...Amusement parks have been huge boons for the likes of Disney and Comcast....
...Disney is expected to buy out Comcast’s one-third stake for at least $9bn under the terms of a so-called “put call” arrangement, but investors are concerned that the company may end up paying much more once...
...Peltz has rejected the idea that he is just a consumer goods guy, pointing to previous investments in Lionsgate, Time Warner and Comcast, though he was not a board director at any of these companies....
...Job moves Sky News head John Ryley has stepped down after 17 years running the UK-based news service, marking a new era for the Comcast-owned channel as it grapples with the decline of traditional television...
...Participants in the call said Brian Roberts, Comcast’s Philadelphia-based chief executive, responded by explaining that the state’s Republican-led legislature had prevented mailed-in votes from being counted...
...It last held a full auction in 2018 to bring the sale of Sky to a head, which resulted in a £30bn knockout bid from US group Comcast....
...In September, it reported a new 0.4 per cent stake in Comcast, the US conglomerate run by the billionaire Roberts family....
...That included $1.7bn of revenues from advisory assignments, with bankers at Evercore advising on Aetna’s $71bn sale to CVS Health and Comcast’s $53bn purchase of Sky....
...The Comcast offer contained “relatively higher regulatory risk . . . in terms of both delay and closing risk”. Comcast is separately trying to buy Sky with an offer of £22bn for the company....
...by US cable company Comcast in a deal worth $39.8bn....
...After an initial surge in pay pledges — AT&T, Walmart and Comcast all announced bonus payments or wage increases — there are signs some big companies are using the cash windfall to buy back shares or mount...
...Midsize M&A bubble LPs beware — the prices of midsize companies favoured by private equity investors (enterprise value of up to $1bn) keep setting record highs....
...These include CBS, Walt Disney, Univision and Comcast. “Local stations won’t be able to survive unless the cap is lifted further,” one senior television executive told the FT....
...A market once obsessed with the threat of cord-cutting by pay-TV subscribers now looks at the likes of Charter Communications and Comcast and sees big gains in high-speed internet users....
...years alone, the US government has blocked the $28bn tie up between Halliburton and Barker Hughes, torpedoed a $6.3bn merger between Staples and Office Depot, thwarted a $45bn deal between media giants Comcast...
...Last year, regulators killed Comcast’s $45bn acquisition of Time Warner Cable due to antitrust concerns....
...Starboard had wanted to combine Yahoo with AOL until Verizon made a surprise acquisition of AOL. Maybe telecoms operator Comcast (a rival of Verizon) wants a faded internet brand of its own....
...Comcast took a $252m impairment charge last month related to its investment in the channel. The company added that as of June 30 the value of its stake had dropped to $86m from $335m last year....
...Brian Roberts, chief executive of Comcast, said: “I’m so thrilled Mike is joining our team....
...ValueAct is likely to support a more aggressive strategy for distributing TV shows directly to consumers or through Hulu, the streaming service it owns jointly with Disney and Comcast....
...The venerable Carlyle Group recently lost co-president Michael Cavanagh to media titan Comcast; he had served just a year since joining from JPMorgan....
...However, one of Mr Taubman’s hoped-for megadeals collapsed after regulators blocked cable giant Comcast’s takeover of Time Warner Cable. Additional reporting by Joseph Cotterill...
...It was the classic victim of a leveraged buyout from a group including Providence Equity Partners and TPG Capital, alongside Sony and Comcast....
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