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Disney sells stake in YES Network to investor group that includes Amazon.com for $3.47 billion

The Walt Disney Company said Thursday it has sold its stake in the YES Networ.....»»

Category: topSource: marketwatchAug 29th, 2019

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

Investor Carl Icahn sells stake in AIG: sources

(Reuters) - Billionaire investor Carl Icahn has sold his stake in American International Group Inc , ending a more than two-year association with one of the largest U.S. property and casualty insurers, according to a person familiar with the matter......»»

Category: topSource: reutersMay 7th, 2018

The Wall Street Journal: SXSW sells 50% stake to Rolling Stone owner in bid to keep festival alive

Penske Media Corp., the publisher of magazines like Rolling Stone, Billboard and Variety, agreed to acquire a 50% stake in South by Southwest, the famed tech, music and movie festival, people familiar with the matter said......»»

Category: topSource: marketwatchApr 18th, 2021

Investor Chamath Palihapitiya cashed out his entire personal stake in Virgin Galactic for $211 million

The space-tourism group's chairman, who sold a chunk of his shares i.....»»

Category: worldSource: nytMar 5th, 2021

: Carl Icahn boosts his Xerox stake

Activist investor Carl Icahn increased his Xerox Holdings Corp. stake, sold off Caesars Entertainment Group, according to a filing......»»

Category: topSource: marketwatchFeb 12th, 2021

A billionaire investor dubbed "the next Warren Buffett" took $300 million stakes in Google and Facebook last quarter

Getty Images/ Scott Olson Hedge-fund billionaire Seth Klarman, widely seen as "the next Warren Buffett," bought into Google and Facebook in the first quarter. Klarman's Baupost Group revealed an almost $350 million stake in Google-parent A.....»»

Category: topSource: businessinsiderMay 15th, 2020

KKR builds 5.2% stake in ProSieben, says company undervalued

U.S. private equity house KKR said on Monday it had acquired a stake of 5.2% in ProSiebenSat.1 Media , becoming the third investor to amass a sizable shareholding in the struggling German broadcaster......»»

Category: topSource: reutersMay 11th, 2020

Sinclair To Pay The Heaviest Penalty By A Broadcaster In FCC History

Sinclair Broadcasting Group Inc. (NASDAQ: SBGI) will pay a civil penalty of $48 million to settle federal investigations into its failed attempt to take over Tribune Media Co. read more.....»»

Category: blogSource: benzingaMay 7th, 2020

Sinclair To Pay The Heaviest Penalty By A Broadcaster In FCC Historys

Sinclair Broadcasting Group Inc. (NASDAQ: SBGI) will pay a civil penalty of $48 million to settle federal investigations into its failed attempt to take over Tribune Media Co. read more.....»»

Category: blogSource: benzingaMay 7th, 2020

Sinclair to pay record $48 million fine over failed Tribune deal, other FCC probes

Sinclair Broadcast Group has agreed to pay a $48 million fine to the Federal Communications Commission as part of a settlement to close three pending investigations, including one related to the company's failed acquisition of Tribune Media Co. Hunt V.....»»

Category: topSource: bizjournalsMay 6th, 2020

Sinclair to pay record $48 million fine to settle FCC investigations, including probe related to failed Tribune Media deal

Sinclair Broadcast Group agreed to pay a $48 million civil penalty to settle three Federal Communications Commission investigations, including the company's disclosure of information related to its proposed acquisiti.....»»

Category: topSource: chicagotribuneMay 6th, 2020

Sinclair agrees to pay record-setting $48 million FCC civil penalty

Sinclair Broadcast Group has agreed to pay a $48 million fine to the Federal Communications Commission (FCC) resolving the probe into the company's abandoned deal to buy Tribune Media in what the agency said was its largest-ever civil penalty......»»

Category: topSource: reutersMay 6th, 2020

France"s Lagardere sees off activist Amber in shareholder showdown

French publishing and media group Lagardere on Tuesday fended off Amber Capital's most daring attempt yet to shake up governance at the company, after shareholders rejected the activist investor's call to replace the supervisory board......»»

Category: topSource: reutersMay 5th, 2020

SoftBank shares attractive near-term as buyback eyed: UK"s AVI

SoftBank Group's planned $22.5 billion share buyback presents an attractive buying opportunity but it is not a clear longterm investment, said a London-based investor that has built up a small stake......»»

Category: topSource: reutersApr 21st, 2020

Clear Channel sells assets to survive the COVID-19 market

Clear Channel Outdoor Holdings Inc. sold 50.91% of its stake in China-based subsidiary Clear Media Limited to Ever Harmonic Global Limited, the company announced in a Monday press release. The company sold its stake for approximately $253 milli.....»»

Category: topSource: bizjournalsMar 31st, 2020

Univision Sells Majority Stake To Investing Group

Two investment firms are buying a majority stake in Univision, the largest U.S. Spanish-language broadcaster, the company said Tuesday. read more.....»»

Category: blogSource: benzingaFeb 25th, 2020

Les Wexner stepping down from L Brands, selling majority stake in Victoria"s Secret

Les Wexner is stepping down as CEO of L Brands Inc. as the company sells its Victoria's Secret chain to a private equity investor. The company on Thursday announced a plan to sell a majority stake in its capstone Victoria's Secret brand to New York e.....»»

Category: topSource: bizjournalsFeb 20th, 2020