Hints and tips:
...“Moreover, we believe many are facing legacy portfolio issues because they aggressively deployed capital in sponsor-backed loans between 2019 and 2021, a period when heightened competition caused financing...
...It also does not have the burden of legacy cable television networks that Paramount, Disney, Warner Bros and Universal do....
...Its hodgepodge included a legacy talent management agency as well as live events and a mixed martial arts league....
...Among them is a proposal to “right-size” legacy divisions, such as Disney’s studio business and its linear TV networks, by spinning them out and finding strategic partners....
...Diversifying public sector technology procurement could help institutions avoid the risks of relying on a single legacy supplier....
...They’re finding that these legacy businesses are no longer good from a required capital or risk-weighted-assets perspective. They’re not fully exiting, though....
...Disney has drawn interest from activists, who are capitalising on a slump in its stock as it grapples with heavy spending on its streaming business and declining margins in traditional legacy television....
...By the way, the insertion of a timber forecast is a fun legacy of founder Jeremy Grantham being extremely hot on the investment theme for a bit. It didn’t pan out any better than the EM value forecast....
...The company, Plan D LLC, owned a Gulfstream jet. In court papers reviewed by the FT, the US Virgin Islands government cites flight logs showing that the plane transported underage girls....
...The water board’s modern-day incarnation says it still pays interest on seven old legacy perpetuals....
...LVMH’s big succession question With five children, Bernard Arnault faces difficult choices in divvying up his luxury empire and preserving his legacy, The New York Times reports....
...journalism and content creation that makes Vice such a trusted brand for young people and such a valued partner to brands, agencies and platforms” with a new ownership and “the ability to operate without the legacy...
...Everyone from small start-ups to legacy carmakers to Apple and China’s Baidu were taken with the idea....
...Edens, who led Fortress’s private equity business, will continue overseeing legacy investments such as the 2007 takeover of a Florida-based rail line, which has been transformed into high-speed commuter...
...Third Point, run by activist investor Daniel Loeb, wrote to its investors on Wednesday saying that dividing Shell into a legacy oil, refining and chemicals company, and a separate gas, renewables and marketing...
...Now speculation is rife about whether Iger, who defined modern Disney through dealmaking, will seek another big transaction to cement his legacy....
...That legacy dogged Stadia from the start, leaving Google struggling to convince both gaming companies and users that it was in the business for the long term....
...The Repsol deal, however, is the first attempt by a big oil and gas company to cash in on the value of its entire legacy business....
...A small windfall for FTX: the bankrupt exchange has agreed to sell its futures and clearing business LedgerX LLC to stock and derivatives exchange MIAX for $50mn....
...The legacy IT group bought software business Autonomy from him and others for $11bn in 2011. HP’s successor claims the value was fraudulently inflated. Lynch has no management role at Darktrace....
...Don’t confuse résumé with your legacy Robertson donated $2bn to charity during his lifetime, including to education, the environment, religion and medical research in the US....
...(EDGAR) — Arthur Andersen’s complicated legacy, 20 years later. (WSJ $) — SBF tells Bloomberg that his attempts to rescue the crypto industry have had “mixed” results....
...“But perhaps his greatest legacy is to have spawned so many other legendary money managers.”...
...But in a sign that many believe Wood’s legacy is not yet behind her, ARKK still attracted nearly $1.5bn of inflows year-to-date, according to TrackInsight — with enthusiasts focusing on the longer-term opportunities...
...We have cleaned up some legacy positions and reduced interest rate short hedges (Eurodollar futures contracts)....
International Edition