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...Rupert Murdoch has scrapped a proposal to combine Fox and News Corp after his attempt to bring the two halves of his media empire back together was resisted by shareholders....
...He could also seek approval from the merged company’s board, which is set to include his son Donald Trump Jr as well as several officials who served in his administration, to start selling his stake immediately...
...Trump, owner of 58 per cent of the shares in the merged company before accounting for dilution, is the biggest beneficiary of the price surge....
...The Fox-News Corp situation draws an obvious parallel to that of rivals Viacom and CBS. They are both storied media empires that were split apart, only to be brought back together many years later....
...Sony is prepared to call off a merger agreement between its Indian arm and Zee Entertainment, the subcontinent’s largest listed media group, following numerous delays to complete a deal that would create...
...The social media platform is not the first of Musk’s babies to use the letter....
...The company, which merged with rival Discovery last year, has long been rumoured as a potential takeover candidate, with Comcast seen as the most likely buyer....
...The merged business will have more than 70 Indian TV channels, as well as film studios and extensive movie catalogues....
...Goenka had been set to lead the merged group and has been unsuccessful in appealing against the Sebi order....
...Late on Tuesday, News Corp and Fox abandoned their push to reunify the Murdoch media empire. The recombination had run into stiff opposition from independent News Corp shareholders....
...If the pair merged at their market values, Fox shareholders would own two-thirds of the combined company....
...A year later, X.com merged with its rival Confinity and in 2001, the company was rebranded as PayPal....
...To support the gargantuan debt sale, Elliott contributed more than $2bn in cash while Vista merged its already leveraged Tibco software business at a more than $4bn valuation....
...Musk’s lawsuit to back out of the Twitter deal is two months away and he’s pressing a long-shot case based on an argument the social media giant withheld information on its fake account and bot problem....
...SUBJECT 18: So yeah, so I think I think when Microsoft and Activision merged, this talk of the metaverse was, again, it was just more marketing bullshit....
...In 2020, the two questions merged when the World Health Organization warned of an “infodemic” of misinformation about Covid. Fake news, it said, “spreads faster and more easily than this virus”....
...The car company said it received a subpoena from the regulator seeking information on its financial projections when it merged with Churchill Capital Corp IV....
...Instead, he merged a party he headed with two others to create United Russia, the Kremlin’s main political tool....
...Jack Dorsey’s departure from the social media group last week, egged on by Elliott’s managing partner Jesse Cohn, twisted the knife even further....
...Tinder founders, including Sean Rad, three years ago sued IAC Corp and its online dating unit Match Group, alleging that the two companies controlled by the media mogul had cheated the entrepreneurs out...
...On Monday, we learnt that US regulators are investigating Digital World Acquisition Corp, the special purpose acquisition company set to merge with Donald Trump’s social media start-up, Trump Media and Technology...
...the “global leader in Spanish-language media”....
...Japan’s Z Holdings, the newly formed SoftBank-backed internet group, is seeking a transformative deal to reshape the social media landscape the way Google and Facebook did in buying YouTube and Instagram...
...The vehicle’s chief executive, Bryant Edwards, had previously worked on another Spac that in 2019 merged with a UAE-based oil services firm, Brooge Energy....
...At Sky, he led the broadcaster’s broadband battle with BT, merged its UK business with sister companies in Germany and Italy, and led the launch of Now TV, its streaming platform....
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