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Tag: Mergers And Acquisitions
Comcast drops out of the $71 billion bidding war for 21st Century Fox assets, handing Disney victory
Comcast ended its bidding war with Disney for some of 21st Century Fox's assets. The company announced Thursday that it would focus on its offer for Sky. Comcast's CEO congratulated Disney and said Fox had created a "desirable and respectable company."
The Justice Department has moved to appeal the $85 billion merger between AT&T and Time Warner. The deal, which has been nearly two years in the making, was approved by Judge Richard Leon one month ago.
Susan Wojcicki convinced Larry Page, Sergey Brin, and the Google board to buy YouTube, and it all started with ‘a purple Muppet singing a nonsen...
Susan Wojcicki saw the potential for user-generated videos when Google launched Google Videos, Google's own free video-sharing website, and saw an investment opportunity in YouTube when it scaled faster than Google Videos but couldn't afford to stand on its own.
Lyft is moving beyond cars and officially getting into the bike-sharing business. On Monday, the ride-hailing company announced a deal to buy Motivate, one of the largest bike-sharing companies in the US.
Microsoft has purchased Flipgrid, a Minneapolis-based educational startup that encourages students to share videos with each other. In the bigger picture, Microsoft and Google are sparring for control of the classroom tech scene.
HBO, Warner Bros. Studios, CNN, Bleacher Report, and a number of television networks will now be owned by AT&T. The company hopes it will now be able to compete with Amazon and Netflix.
Fox surges as AT&T’s court victory appears to give its Disney deal the green light — but a bidding war could be on the horizon
A Comcast takeover of Fox would be similar to AT&T’s so-called “vertical” merger with Time Warner in that it would combine two markedly businesses working at separate parts of the ecosystem. Comcast, a distributor of content, would have access to Fox’s popular franchises as well its its studios.
Rupert Murdoch’s Fox cleared to go head-to-head with Comcast in $29 billion Sky takeover battle — on one condition
Sky is known in Europe for its live football (soccer in the US) broadcasts as well as for premium content such as HBO's "Game of Thrones" and in-house productions such as "Fortitude" and "Britannia."
A combination of Microsoft and GitHub would make a lot of sense from a product and customer perspective.
Comcast said that it hadn't made a final proposal but that "the work to finance the all-cash offer and make the key regulatory filings is well advanced."