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AT&T Is Paying Top Dollar For Time Warner And Has Zero Room For Error
Monday, October 24, 2016 - 12:39pm | 463Read More...AT&T Inc.'s (NYSE: T) core business is bleeding market share as rivals T-Mobile US Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S) are offering superior unlimited data packages to clients. Meanwhile, AT&T is succeeding in bringing in video customers through its DirecTV segment, which...
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Tribune Publishing Rejected Gannett's Acquisition Offer, Highlights 'Clearly Inadequate' $15/Share Price
Monday, May 23, 2016 - 9:56am | 289Read More...Tribune Publishing Co (NYSE: TPUB) announced Monday morning that it has officially rejected a pending acquisition from Gannett Co Inc (NYSE: GCI). Gannett offered to acquire Tribune Publishing for $12.25 per share in late April, but revised its bid higher to $15 per share in mid-May. Tribune...
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Hedge Fund Managers 'Are Driving Themselves Crazy' Over Media M&A Rumors
Monday, January 25, 2016 - 9:49am | 270Read More...The constant M&A rumor mill within the media space is driving some investors crazy. If it is of any comfort, hedge managers are also "driving themselves crazy," at least according to the New York Post. The New York Post reported over the weekend that hedgies "have no clue...
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Jefferies Likes Large Cap Media, Sees Potential For M&A
Wednesday, January 13, 2016 - 1:48pm | 260Read More...Jefferies analyst John Janedis believes that media stocks will surprise to the upside this earnings season. In a new report, Janedis notes that, despite the media industry being caught in a bear market, the Q4 ad market remained strong. Jefferies expects the strong ad market to persist at least...
