Hints and tips:
...Thomson had no comment beyond News Corp’s announcement that it was exploring a merger with Fox....
...When Paramount was created by reunifying CBS and Viacom four years ago, the combined company generated $6bn in operating profits....
...for control of the Paramount studio in 1994 and moving into television with acquisitions of Viacom and CBS....
...Smart reads Bankruptcy in Texas Houston has been a favoured city for cash-strapped companies and corporations with large legal liabilities to find shelter from creditors....
...(His successor at HKEX, Nicolas Aguzin, is also a former JPMorgan banker). Li made his name with ambitious dealmaking, including the £1.4bn acquisition of the London Metal Exchange in 2012....
...The merger with its New York rival hasn’t satisfied the law firm’s appetite for M&A....
...Redstone spent the twilight years of his long life feuding over control of Viacom and CBS as lurid details of his personal life and sexual affairs emerged in the press....
...BT Group chief executive Philip Jansen is preparing to step down next year, prompting the telecoms company to begin a search for his successor, according to two people familiar with the matter....
...Buying Twitter There’s a lot of detail about how Musk fell into the twit-hole by confusing engagement with adulation, celebrity with fame and memes with wit....
...Whether or not it was his first choice, the merger plan rings eerily similar to the reunification of media conglomerates CBS and Viacom, worth $13bn today — less than half of the value of the separate groups...
...It is enough to rival Sumner Redstone, who tried to remain chairman of his media conglomerates, CBS and Viacom, when he could no longer speak....
...Mr Redstone’s Viacom and CBS closed their re-merger a year ago, bringing together businesses with strengths in broadcast and pay television....
...Whether or not Demchak has hit a hole in one with BBVA, he is a banker to watch — especially when it comes time for Dimon to pick a successor....
...With the $11bn MultiPlan deal, Mr Klein sealed the largest transaction by a Spac....
...CBS and Viacom have agreed to combine in an all-stock merger, reuniting the two halves of a historic media empire looking to compete in an entertainment industry that has been upended by Netflix....
...The latest entrants to the race are Viacom and CBS. They’re in the process of negotiating a merger 13 years after they were split by controlling shareholder Sumner Redstone....
...Sales of non-core businesses by Hitachi, Toshiba and other conglomerates, as well as Japan’s problems with finding successors for its ageing business bosses, presented attractive opportunities for buyout...
...As part of an agreement reached last year, the Redstone investment vehicle was not allowed to propose merger talks between CBS and MTV-owner Viacom for two years....
...Pearson’s chief finance officer Coram Williams, who was seen by insiders as a potential successor to chief executive John Fallon, has left the company....
...CBS ultimately lost that fight and, as Mr Moonves fell out with the board, the company came to an agreement with National Amusements that kept the Redstone vehicle from proposing merger talks with Viacom...
...(BBG) Tables turned Viacom heiress Shari Redstone now sits unchallenged atop a $30bn entertainment empire after fighting off two of the most powerful men in Hollywood, ex-CBS chief executive Les Moonves...
..., New York, April 15 1976; William Paley, chairman, CBS Inc, New York, April 13 1976; Barbara Jordan, US congresswoman (Texas), New York, July 14 1976; Frank Fitzsimmons, president, International Brotherhood...
...For smaller companies such as Viacom and CBS, this is an easier decision....
...Ms Redstone has been a big proponent of the merger of CBS and Viacom. But others said Mr Moonves’ departure was overdue....
...In exchange, the family said it would not suggest a Viacom/CBS merger for at least two years. This leaves CBS free to pursue transactions with the likes of Verizon....
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