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Michael Ferro sells stake in Chicago Tribune parent Tronc to McCormick Media for $208.6 million

Michael Ferro, who resigned last month as c.....»»

Category: topSource: chicagotribuneApr 16th, 2018

Michael Ferro Sells Tronc Stake to Relative of Former Chicago Tribune Owner

Tronc Inc.’s largest shareholder, Michael Ferro, has agreed to sell his stake to a descendant of the McCormick family that built the company’s flagship newspaper, the Chicago Tribune, into a media powerhouse in the early 20th century......»»

Category: smallbizSource: wsjApr 14th, 2018

Michael Ferro Sells Tronc Stake to Descendant of Former Chicago Tribune Owner

Tronc Inc.’s largest shareholder, Michael Ferro, has agreed to sell his stake to a descendant of the McCormick family that built the company’s flagship newspaper, the Chicago Tribune, into a media powerhouse in the early 20th century......»»

Category: smallbizSource: wsjApr 13th, 2018

Sinclair CEO remains confident Tribune acquisition will be completed

Sinclair Broadcast Group Inc. CEO Chris Ripley remains confident that his company can finalize its heavily scrutinized takeover of Tribune Media Co. of Chicago. Ahead of a conference call with analysts on Wednesday, Hunt Valley, Md.-based Sinclair .....»»

Category: topSource: bizjournalsMay 14th, 2018

Sinclair to Raise $1.5 Billion by Selling Stations

Sinclair Broadcast Group will raise about $1.5 billion from the sale of the nearly two dozen television stations to gain regulators’ approval for its purchase of Tribune Media......»»

Category: smallbizSource: wsjMay 9th, 2018

Sinclair says Fox unit is one of the purchasers of TV stations being sold as part of Tribune deal

Sinclair Broadcast Group Inc. said Wednesday that Fox Broadcasting Co. is a purchaser, along with Standard Media Grou.....»»

Category: topSource: marketwatchMay 9th, 2018

Report: Carl Icahn sells stake in AIG

Billionaire investor Carl Icahn has sold his stake in U.S. insurer AIG, Forbes reported .....»»

Category: topSource: moneycentralMay 7th, 2018

Carl Icahn sells stake in AIG: Forbes

(Reuters) - Billionaire investor Carl Icahn has sold his stake in AIG , Forbes reported on Monday, ending a more than two-year association with one of the largest U.S. property and casualty insurers......»»

Category: topSource: reutersMay 7th, 2018

Relativity Media Aims to Be the Next Big Hollywood Reboot

The upstart studio, which has been plagued by a string of box-office flops two years after exiting chapter 11, agreed to be acquired by an investor group that plans to revitalize the business......»»

Category: smallbizSource: wsjMay 3rd, 2018

TPG Group Seeks Buyers for Indonesian Finance Company

An investor group that includes TPG Capital is looking to sell its controlling stake in one of Indonesia’s oldest finance companies, in a deal that could value the company at about $1 billion......»»

Category: asiaSource: wsjApr 27th, 2018

Babcock sells half of NZ"s Powerco

BABCOCK & Brown Infrastructure Group has sold 50 per cent of its stake in the New Zealand operations of its Powerco subsidiary......»»

Category: videoSource: theaustralianApr 27th, 2018

Sinclair to sell additional TV stations in bid to win approval for Tribune Media acquisition

Sinclair Broadcast Group announced Tuesday .....»»

Category: topSource: chicagotribuneApr 25th, 2018

The Wall Street Journal: Sinclair to sell 23 TV stations to clear path for Tribune purchase

Sinclair Broadcast Group Inc. has reached deals to sell nearly two dozen television stations as it works to get regulators to sign off on its purchase of Tribune Media Co......»»

Category: topSource: marketwatchApr 24th, 2018

Sinclair to Sell TV Stations in Bid to Secure Tribune Deal Approval

Sinclair Broadcast Group Inc. has reached deals to sell 23 television stations in 18 markets as it works to get regulators to sign off on its purchase of Tribune Media Co......»»

Category: smallbizSource: wsjApr 24th, 2018

Sinclair Broadcast Group to sell 9 TV stations for $441.7M

Sinclair Broadcast Group will sell nine TV stations to Standard Media Group for $441.7 million as part of its plan to meet regulatory approval for its pending $3.9 billion acquisition of Tribune Media......»»

Category: topSource: foxnewsApr 24th, 2018

Sinclair proposes selling 23 stations in latest bid to gain approval for Tribune deal

Sinclair Broadcast Group Inc. unveiled a plan late Tuesday to sell 23 stations to five different buyers, the latest effort by the Hunt Valley company to win approval for its planned acquisition of Tribune Media Co. Sinclair said it has entered into de.....»»

Category: topSource: bizjournalsApr 24th, 2018

Sinclair Broadcast Group to sell 9 TV stations for $441.7M

Sinclair Broadcast Group has agreed to sell nine TV stations to Standard Media Group for $441.7 million as part of its plan to meet regulatory approval for its $3.9 billion acquisition of Tribune Media. .....»»

Category: topSource: moneycentralApr 24th, 2018

Chinese investor just cut its Deutsche Bank stake

HNA Group, which is seeking to raise funds to deal with heavy debts, has trimmed its stake in Germany's biggest lender again......»»

Category: marketsSource: cnnApr 23rd, 2018

Elliott proposes "accelerate Hyundai" changes

(Reuters) - Activist investor Elliott Management Corp on Monday proposed the addition of three independent members to the board of Hyundai Motor Group in a document laying out its agenda after taking a more than $1 billion stake in the carmaker......»»

Category: topSource: reutersApr 23rd, 2018

Flipkart close to sealing $12-bn deal with Walmart: Pact in two weeks

Among the issues still to be resolved are whether Flipkart's founders will lead the business after the purchase, how much each existing investor sells and what Walmart's final stake will be.....»»

Category: topSource: business-standardApr 23rd, 2018