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...Li is betting that technology and services will be a key point of difference from legacy carmakers, which are already struggling to keep up with Tesla....
...Budget carriers Spirit Airlines and Frontier Airlines, which advertise low base fares but rely more on ancillary revenue than legacy carriers, opposed the rule as well....
...Legal legacy Ira Millstein’s work led to a landmark shift in the centre of corporate power from company management to boards, the FT writes in an obituary of the lawyer....
...But it is also saddled with declining legacy television assets and a heavy debt load....
...From a December press release: Liberty Media Corporation (“Liberty Media” or “Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc....
...As a result, streamers have been holding back shows just to make sure they have something to air if the strikes grind on....
...“The buyers are not just acquiring the work, they are buying a piece of that legacy,” she says....
...And there are still a few excruciatingly expensive legacy products around....
...The banks can’t sell the debt and are stuck holding all of that risk. Musk runs it into the ground out of pique. This is precisely what happened....
...A version of this article was first published by Nikkei Asia on May 1 2023. ©2023 Nikkei Inc. All rights reserved....
...The deal will mean that existing investors in the business will probably be wiped out, including James Murdoch, who invested through his holding company Lupa Systems, Disney and private equity group TPG....
...We look forward to people and fans and players holding us accountable to that in the years ahead.”...
...Here are revenue and free cash flow: What are investors or short sellers to make of other beat up legacy retailers?...
...A version of this article was first published by Nikkei Asia on July 18. ©2023 Nikkei Inc. All rights reserved....
...(Which we know from earlier episodes exists in size; this is legacy media after all) . . ....
...Vice insiders and investors are holding out hope that another bidder will enter the room....
...Legacy of deregulation The roots of the current US aviation system spring from the 1978 Airline Deregulation Act....
...“Pre-acquisition Fiserv and FIS were incredibly similar companies — the Coke and Pepsi of legacy fintech....
...Netflix, which accounts for about 25 per cent of spending on original streaming shows, said it was holding spending steady at around $17bn a year, while trying to make its shows more “impactful”....
...It is a lot easier to unload legacy positions in mutual funds in a market downturn, he added....
...Now speculation is rife about whether Iger, who defined modern Disney through dealmaking, will seek another big transaction to cement his legacy....
...“By enabling JetBlue to grow faster, we can go head-to-head with the legacies in more places to lower fares and improve service for everyone,” he said....
...It’s clear that the wind-down path makes the most sense given the many complicating factors,” said Titi Cole, head of legacy franchises at Citi....
...UK government to take no further action over Altice stake (FT) AMG chief slams asset management industry deal wave (FT) Indian tycoon takes on South America’s ‘Switzerland’ (FT) Credit Suisse: lower legacy...
...There is still a legacy to fight against, however: they tend to command less attention than other parts of a business, even when they comprise as many people as a small law firm....
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