Hints and tips:
...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....
...Urban Legend doughnuts are available in London branches of Tesco and in Selfridges, with a trial under way in J Sainsbury....
...“At Berkshire, we particularly favour the rare enterprise that can deploy additional capital at high returns in the future,” he said on Saturday....
...On Monday, the Pittsburgh icon US Steel announced it had reached a deal to sell itself to Japan’s Nippon Steel at a total enterprise value of $15bn....
...The immoderate noshing stands in stark contrast to predecessor J Patrick Doyle (CEO 2010-18), whose personal pizza tabs were far lower....
...A federal appeals court said the bankruptcy process could not be used by an enterprise that was not facing “financial distress”....
...Strip that away and that would give the deal an enterprise value of about $16.6bn. That still puts the company on an EV/ebitda multiple of over 58 times....
...Incidentally, a plethora of media outlets (inc....
...W.J....
...Among the other external advisers are film-maker Sofia Coppola, hedge fund supremo J Tomilson Hill and Evan Spiegel, chief executive of Snap. One artist, Jenny Saville, also sits on the board....
...Lee, which runs titles in Buffalo, St Louis and Omaha, has struggled to slash costs and grow digital subscriptions....
...That would be more than 15 per cent higher than the current enterprise value....
...Enterprise, family-owned and St Louis-based, said its fleet of 1.85m cars contains EVs from Tesla, Nissan, Hyundai and Volvo Cars spin-off Polestar....
...The end product is sold to, among others in the luxury-world pantheon, Louis Vuitton and Hermès; the enterprise employs more than 100 local artisans, most of them women....
...It is notable that the slow unravelling of one of China’s biggest privately owned enterprises is being orchestrated by state actors....
...Recall how J Sainsbury’s £7bn bid for Asda was kiboshed by antitrust regulators in 2019....
...CD&R’s offer places an £8.7bn enterprise value on Morrisons. This underprices its vision for the company. CD&R must provide a firm intention to bid again, or walk away, by July 17....
...It’s a social enterprise: the development also contains 96 low-cost housing units, a nursery and office space that have been built alongside the hotel and store....
...hedge fund to scale back some of its operations in a period of lacklustre returns, joining the ranks of billionaire investor John Paulson, who shut his hedge fund to external investors, and macro investor Louis...
...Maybe we just don’t need J Crew any more....
...Berkshire Hathaway has agreed to sell its collection of local newspapers to news provider Lee Enterprises for $140m in cash in a rare reversal by billionaire Warren Buffett....
...Among the menu of aggressive covenant terms was a clause that allows the owners to move assets into a subsidiary out of the reach of bondholders — a feature made famous by retailer J Crew....
...Lex says that the rationale for either of the companies, which compete in the enterprise software and cloud space, is “nebulous”....
...La Double J x Acqua di Parma, Fico di Amalfi shower mousse, £42, ladoublej.com, acquadiparma.com The Italian designer JJ Martin, founder of homeware brand La Double J, is best known for her vivid, colourful...
...1976; Daniel Boorstin, librarian of US Congress, Washington, DC, July 29 1976 Fifth row: Felix Rohatyn, chairman, Municipal Assistance Corporation, New York, April 15 1976; William Paley, chairman, CBS Inc...
International Edition