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Billionaire Peter Thiel Sells A Majority Of His Remaining Facebook Stake

Billionaire investor Peter Thiel sold a majority of his remaining stake in Facebook Inc. (NASDAQ: FB) last Thursday, a regulatory filing with the United States Securities and Exchange Commission has shown. read more.....»»

Category: blogSource: benzingaFeb 10th, 2020

Activist investor Elliott Management has built a more than $2.5 billion stake in SoftBank, the conglomerate behind WeWork

Reuters/ Steve Marcus Elliott Management Corp, run by Paul Singer, has built a more than $2.5 billion stake in SoftBank Group, The Wall Street Journal reported Thursday.  The activist investor will push the Japane.....»»

Category: topSource: businessinsiderFeb 7th, 2020

Elliott Management builds big stake in SoftBank: reports

Activist investor Elliott Management Corp. has quietly amassed a stake worth more than $2.5 billion in SoftBank Group Corp. , and is in dis.....»»

Category: topSource: marketwatchFeb 6th, 2020

Former Stobart boss Tinkler sells stake in company

Former boss and the fifth-largest shareholder of Stobart Group Ltd William Andrew Tinkler dissolved his stake in the infrastructure and support services company, according to a regulatory filing published on Tuesday......»»

Category: topSource: reutersJan 14th, 2020

Vivendi sells Universal Music stake to Tencent consortium

A consortium led by Tencent has agreed to buy up to 20% of Vivendi's Universal Music Group. The deal, which values the world's largest music label at $34 billion, will increase the Chinese company's clout on the global market. David Pollard reports......»»

Category: videoSource: reutersDec 31st, 2019

Qatar"s state investor also part of Tencent"s Universal deal

Qatar Investment Authority (QIA) is another member of the Tencent-led consortium buying a 10% stake in Vivendi's Universal Music Group, a source familiar with the deal said on Tuesday......»»

Category: topSource: reutersDec 31st, 2019

Year in Review 2019: Sinclair makes its big move into sports

Going into 2019, Sinclair Broadcast Group Inc. was still dealing with the aftermath of its failed acquisition of Tribune Media Co. Without a doubt, 2019 will go down as one of the most important years in Sinclair's history after the Hunt Valley-ba.....»»

Category: topSource: bizjournalsDec 24th, 2019

ViacomCBS to take 49% stake in film studio Miramax for $375 million

Media company ViacomCBS Inc said on Friday it would take a 49% stake in film studio Miramax, owned by Qatar's BeIN Media Group, for $375 million......»»

Category: topSource: reutersDec 20th, 2019

ViacomCBS to buy a 49% stake in Miramax for $375 million from BeIN Media

ViacomCBS Inc. announced Friday a deal with BeIn Media Group to buy a 49% stake in film and TV studio Miramax for a total investment of $375 million. Under terms of the deal, ViacomCBS will make an upfront payment of $15.....»»

Category: topSource: marketwatchDec 20th, 2019

Were Hedge Funds Right About Dumping TriNet Group Inc (TNET)?

As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investo.....»»

Category: topSource: insidermonkeyDec 10th, 2019

SoftBank sells its stake in Wag back to the dog-walking start-up

SoftBank Group's Vision Fu.....»»

Category: topSource: latimesDec 9th, 2019

Vivendi ready to sell part of Mediaset stake at a loss to end legal row: sources

French media group Vivendi is prepared to sell part of its stake in Mediaset at a loss in an attempt to reach a deal to end years of bitter legal disputes with the Italian broadcaster, two sources close to the matter said on Thursday......»»

Category: topSource: reutersNov 21st, 2019

Vivendi ready to sell part of Mediaset stake at a loss to reach deal: source

French media group Vivendi is prepared to sell part of its stake in Mediaset at a loss in an attempt to reach an accord to end years of bitter legal disputes with the Italian broadcaster, a source close to the matter said on Friday......»»

Category: topSource: reutersNov 21st, 2019

Hedge fund Alden Global Capital acquires stake in Tribune Publishing

Hedge fund Alden Global Capital has acquired a 25% stake in newspaper chain Tribune Publishing as the media indu.....»»

Category: topSource: usatodayNov 19th, 2019

Government Lays Groundwork For Air India Sale

The Indian government has begun scheduling investor meetings for the sale of a 100% stake in financially ailing flag carrier Air India, according to Indian media reports. The carrier, shouldering lo.....»»

Category: blogSource: benzingaNov 18th, 2019

Activist investor Icahn sells nearly a third of his Occidental Petroleum stake

Activist investor Carl Icahn, who ha.....»»

Category: topSource: reutersNov 8th, 2019

The Wall Street Journal: Activist investor that shook up CSX sells most of its stake

The activist that shook up CSX Corp. has wound down most of its investment in the railroad operator, marking an end to a three-year saga that helped spur a massive overhaul of the U.S. railroad industry......»»

Category: topSource: marketwatchOct 21st, 2019

Hedge Funds Have Never Been This Bullish On The Geo Group, Inc. (GEO)

As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investor.....»»

Category: topSource: insidermonkeyOct 21st, 2019

Vivendi shares rise as UMG stake sale attracts interest

Shares in French media group Vivendi jumped on Friday after it posted higher third-quarter revenue and said that a potential sale of a stake in its Universal Music Group (UMG) was attracting buyer interest......»»

Category: topSource: reutersOct 18th, 2019

Hedge Funds Have Never Been More Bullish On Essent Group Ltd (ESNT)

As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investor.....»»

Category: topSource: insidermonkeyOct 17th, 2019